Trump signs order aimed at removing ‘job-killing’ regulations

TIL Desk/Business/Washington-US President Donald Trump signed an executive order directing various wings of his administration to establish a regulatory reform task force in a bid to remove “job-killing regulations” and “unleash economic opportunity”.

“Today, this executive order directs each agency to establish a regulatory reform task force which will insure that every agency has a team of dedicated people to research all regulations that are unnecessary burdens and harmful to the economy and therefore harmful to the creation of jobs and business. Each task force will make recommendations to repeal and or simplify existing regulations,” Trump said.

Noting that the current regulations make it tough for the companies to do business, Trump assured companies of resolving this issue quickly. He signed a series of executive orders to make the US a business-friendly destination. “This executive order is one of many ways we’re going to get real results when it comes to removing job-killing regulations and unleashing economic opportunity,” he said.