Trump deregulation News

Trump Deregulation Plan Facing Court Challenge by 3 States

California, Oregon and Minnesota sued President Donald Trump and several top cabinet officials over the administration’s requirement that federal agencies delete two regulations for every one they add. Lodged by three Democratic state attorneys general, the lawsuit asserts that Trump’s …

Court Says Trump Administration Must Implement Chemical Safety Rule

A federal appeals court on Friday ordered the Trump administration to immediately implement an Obama-era chemical safety rule introduced in response to a 2013 explosion at a fertilizer plant in Texas that killed 15 people. The D.C. Circuit Court ruling …

Corporate Fines, Penalties Plummet Under Trump Administration

While Donald Trump has positioned himself as a tough, “law and order” president, he has mostly excluded one group of offenders from his sights: those of the corporate class, according to a report released Wednesday by Washington-based watchdog Public Citizen. …

Regulation, Deregulation and the Markets: Bloomberg View

From the very start of his presidency, Donald Trump has made it a high priority to reduce the level of federal regulation. And in 2017, the stock market has boomed. Many business leaders believe that this is hardly a coincidence, …

Where Trump’s Regulatory Rollback Is Having Impact

When disaster hits the chemical plants in Port Arthur, Texas, triggering fires like those that flared in the wake of Hurricane Harvey, Hilton Kelley is the man fielding panicked calls from neighbors unsure whether they should evacuate their homes. Kelley, …

Obama Coal Ash Waste Regulation Getting New Look by Trump EPA

The U.S. Environmental Protection Agency on Thursday said it will reconsider a rule regulating coal ash waste from power plants in a win for utility industry groups that petitioned for changes. The EPA, the lead environmental regulator in the United …

Federal Contractor Disclosure Rule Next on Trump Chopping Block

Republicans in the U.S. Senate passed a measure to eliminate an Obama administration rule that would require prospective federal contractors to report violations of more than a dozen U.S. labor and employment laws. On a 49-48 vote, the Senate endorsed …

AIG Among ‘Too-Big-to-Fail’ Insurers Trying to Assess Path Forward Under Trump

Insurance giant American International Group sees “considerable uncertainty” about U.S. regulations that deem non-bank financial institutions as being too big to fail, given the recent change in White House administrations, according to a filing. The “appropriateness and federal regulation” of …

Undoing U.S. Financial Regulations Could Bar U.S. Firms from EU

Some U.S. financial institutions could be locked out of the European market if Donald Trump’s administration repeals global rules imposed in the wake of the financial crisis, a top EU official said on Friday. Valdis Dombrovskis, vice president of the …

Advocacy Groups Go to Court to Thwart Trump’s Bid to Undo Regulations

The White House defended the president’s executive order to U.S. agencies to rescind two government regulations for every new rule introduced, after several advocacy groups filed a lawsuit on Wednesday challenging the Trump administration over the move. The National Resources …