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IPFS News Link • Trump Administration

Trump Orders "Sweeping Emergency Deregulation Effort" --

• https://www.zerohedge.com by Tyler Durden

Just hours after Democratic Senators on the Banking Committee (including Elizabeth Warren, back on Capitol Hill and quietly campaigning to be Joe Biden's VP pick) finished castigating Treasury Secretary Steven Mnuchin for purportedly allowing corporations far too many concessions in the 'PPP' and the other lending programs, President Trump said moments ago that he would sign an executive order to continue his push to cut more regulations to bolster economic growth.

The Washington Examiner reported shortly before the announcement that Trump was ordering "a sweeping emergency deregulation effort" to help jump-start the economy.

President Trump is ordering a sweeping emergency deregulation effort Tuesday to jump-start the economic recovery from the coronavirus outbreak, and directing federal agencies not to "over-enforce" regulations against small businesses that are working to bounce back, The Washington Times has learned.

Mr. Trump is signing an executive order during a Cabinet meeting to direct federal agencies to use rapidly all emergency and "good cause" authorities to find regulations that can be rescinded or temporarily waived to promote job creation and economic growth.


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