Analysts at Competitive Enterprise Institute point out that while the aggregate number of regulations in the Code of Federal Regulations (CFR) continued to grow during the Trump administration, “more significant rules have been removed than added.” It’s also worth noting that Trump halted the continued rise of new regulations being added to the CFR, a trend going back to the George H.W. Bush administration, and nearly flattened it.
Fred Smith is the animating spirit at the Competitive Enterprise Institute. Fred conceived of the idea for an organization that would, in his words, “find a more positive answer to the challenge Joseph Schumpeter laid down in his essay, “Can Capitalism Survive?” He founded the organization and served as president for nearly three decades.
He died at the age of 83 at home in Maryland where he is survived by his beloved wife Fran. Fred was a friend and mentor, an advocate and ally, and an inspiration. His bright light lives on in our work.
Fred Lee Smith
December 26, 1940 – November 23, 2024