President Donald J. Trump has announced a new initiative aimed at deregulating government policies, described as a "massive 10-to-1 deregulation initiative." This effort seeks to counteract what the former president characterizes as a regulatory increase under the Biden Administration, which he claims is detrimental to jobs and contributes to inflation.
The announcement highlights President Trump's previous term, during which his administration implemented what it describes as an aggressive and successful reduction of regulations. The new initiative aims to build on these past efforts by significantly reducing the number of existing regulations.
This move aligns with President Trump's broader policy goals of decreasing governmental oversight and fostering economic growth through deregulation.
