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Red Tape Receding: Trump and the High-Water Mark of Regulation

At 12:01 p.m. on January 20, 2017, federal regulatory policy dramatically shifted from the unparalleled expansion of the Obama Administration to a reform agenda under President Donald Trump. During the Obama years, the nationโ€™s regulatory burden increased by more than $122 billion annually as a result of 284 new โ€œmajorโ€ rules (roughly defined as those costing the private sector at least $100 million per year). The Trump Administration, in its first six months, launched a multifaceted refor...
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