The Natural Resources Defense Council, Public Citizen and the Communications Workers of America filed suit against the Trump administration this week to block the president’s executive order requiring government agencies to cut two existing regulations for every new rule put forth.
Trump signed the order late last month. It prepares a process for the White House to set an annual cap on the cost of new regulations, which, for the rest of fiscal 2017, would be $0. The order does make exceptions for emergencies and national security. Guidance from the White House on the administration’s two-for-one order on regulations clarifies that the order applies only to “significant” regulations.
This executive order does not directly apply to the NCUA or CFPB since they are independent agencies, but they could opt to comply.continue reading »