The Trump administration is trying to roll back regulations that it views as burdensome on businesses and workers.
Here are some things you need to know about the administration’s effort to rollback some of the most significant regulations.
The Trump administration announced on Friday that it will seek to repeal a slew of Obama-era regulations, including the Fair Labor Standards Act (FLSA), the Clean Air Act (CAFE), and the Affordable Care Act (ACA).
The new plan is the most sweeping attempt to repeal any of the Obama administration’s rules since the passage of the law.
“The Trump Administration will seek a return to the rule of law and the rule for working Americans that has been a hallmark of the Trump Administration,” the administration said in a statement.
“We will also take action to protect the economic growth of American families, which will include repealing all regulations that are inconsistent with the American economy and workers.”
The Trump White House announced on Saturday that it would seek to overturn a slew, including regulations issued under the Fair Wage and Hour Act, the Wage and Salary Protection Act, and the Occupational Safety and Health Administration.
The White House also announced plans to repeal regulations on financial reporting and cybersecurity, but not before issuing a list of dozens of other regulatory actions the Trump team has proposed.
While the White House says that it wants to return to a “rule of law,” the Department of Justice (DOJ) is taking a different approach.
The DOJ is looking to roll out a range of new regulations to take aim at the business climate and the rules that govern businesses.
For instance, the DOJ will target regulations on online and offline sales of goods and services, as well as regulations on the operation of telemarketing services, online health care providers, payday lenders, and online payment systems.
The Department of Labor is also targeting the business environment for an array of new rules.
The Department of the Interior will seek “to restore the rule that prohibits discrimination against workers on the basis of sex or race,” the White White House said.
“The President and the Administration have been very clear that the rule should be gender neutral, so the Trump Government is seeking to make it gender neutral.”
The Commerce Department is also proposing to repeal the Fair Credit Reporting Act (FCRA), which was put in place by the Obama Administration in 2015 to protect consumers from identity theft.
The Trump Administration says it wants “to end unfair and deceptive business practices that harm consumers.”
Finally, the Trump White, House has announced plans for a slew more regulations, with the final draft of the final version set to be released this week.
The rules are expected to include the Consumer Financial Protection Bureau (CFPB), the Occupation and Labor Standards Administration (OLSA), and other agencies.