Trump Administration Plans to Eliminate 702 Federal Regulations, Setting a New Record for Deregulatory Actions

The Trump administration has released a regulatory plan aiming to eliminate 702 existing administrative rules, marking a record number of deregulatory actions under consideration in a White House semiannual agenda. This initiative is part of an effort to cut red tape across the federal government and is projected to result in $1.5 trillion in savings for the economy. Among the measures slated for repeal are environmental review requirements for energy projects, energy efficiency standards, and rules promoting diversity, equity, and inclusion.