by Mitch Kokai
Senior Political Analyst, John Locke Foundation
President Donald Trump has cut the federal regulatory burden to levels that took the Reagan administration years to achieve, according to a new report.
A report by the libertarian Competitive Enterprise Institute (CEI) found the Trump administration cut the number of pages in the Federal Register 32 percent in the first nine months of this year. It took former President Ronald Reagan several years to cut that many pages of regulations.
“President Trump compared to his predecessors is—so far—the least regulatory president of all,” CEI’s director of technology studies Clyde Wayne Crews wrote in an updated report on Trump’s deregulatory effort.
Crews reported the Trump administration has also cut the number of new regulations issued this year 18 percent from the end of the Obama administration. Included in that is a 58 percent decrease in “significant” rules that come with a $100 million or greater price tag.
“As we continue to watch the president’s progress on his economic priorities, it’s interesting to compare Trump with previous presidents, namely Ronald Reagan,” Crews wrote. “Under Reagan, both regulations and Federal Register pages dropped more than one-third. So far, Trump has reduced the flow of regulation even more.”