Commerce Secretary Wilbur Ross said Friday that President Trump is “systematically” removing hundreds of regulations put in place by the Obama administration.
“The president has already knocked out some 860 rules and regulations from the Obama administration, and every day we’re finding more and more to do. Remember, Obama put in something like 7,000 new rules and regulations just in the last two years he was in office,” Mr. Ross said on Fox Business.
When asked what types of regulations Mr. Trump was removing — whether oil and gas, environmental or banking — the secretary responded, “All of the above.”
“You would think the American public was a wild and woolly place two years earlier to require 7,000 new rules. But the president is systematically removing them, changing them, getting rid of them. And I think we’ll beat his formula of two reductions for one increase,” he said.
Mr. Ross said the upturn in the economy is due to the loosening of these regulations, and companies have said they feel the relief of less regulation and enforcement. He did say infrastructure is also a top priority for businesses and Mr. Trump, but declined to say whether it would be tied into the upcoming tax bill.
• Sally Persons can be reached at spersons@washingtontimes.com.
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