The Washington Post Fact Checker cited Vice President for Policy and Senior Fellow Clyde Wayne Crews on regulatory reform.
Clyde Wayne Crews of the Competitive Enterprise Institute crunched the numbers and concluded that after Trump's first year, the administration had taken 62 deregulatory actions and 15 regulatory actions, for a ratio of 4 to 1. In a recent update, accounting for information contained in the Office of Management and Budget's Spring Agenda, Crews updated the list to a total of 149 deregulatory actions to 29 regulatory actions, for ratio of nearly 5 to 1.[CR-LF][CR-LF]Here's the rub: virtually all of these steps are not considered "economically significant," meaning it would have an annual impact of $100 million or more. That's an important caveat, Crews said.[CR-LF][CR-LF]"I think it's extremely significant and it shows how difficult it is to roll back administrative regulations, regardless of the philosophy in the White House," Crews said. "The difficulty will only increase, because it becomes harder to achieve the two-for-one stance once the 'low-hanging fruit' is picked. Congress needs to act and we do see those stars align every generation or so, but there's not a bipartisan appetite for regulatory reform right now."