{"id":114348,"date":"2025-12-19T15:16:18","date_gmt":"2025-12-19T20:16:18","guid":{"rendered":"https:\/\/cablemanpro.com\/wallstreetpr\/trump-takes-axe-to-federal-red-tape-cuts-600-rules-in-one-year-touts-billions-in-savings-114348"},"modified":"2025-12-19T15:16:18","modified_gmt":"2025-12-19T20:16:18","slug":"trump-takes-axe-to-federal-red-tape-cuts-600-rules-in-one-year-touts-billions-in-savings","status":"publish","type":"post","link":"https:\/\/cablemanpro.com\/wallstreetpr\/trump-takes-axe-to-federal-red-tape-cuts-600-rules-in-one-year-touts-billions-in-savings-114348","title":{"rendered":"Trump takes axe to federal red tape, cuts 600+ rules in one year, touts billions in savings"},"content":{"rendered":"
\n

FIRST ON FOX: <\/strong>The Trump administration has cut more than 600 rules and regulations<\/a> in the past year, while only introducing five new ones in an effort to advance Trump\u2019s deregulation priorities, Fox News Digital has learned.\u00a0<\/strong><\/p>\n

Trump did not hesitate to take actions to cut red tape as soon as he took office \u2014 after former President Joe Biden<\/a>\u2019s administration introduced hundreds of new rules every year during his term in the White House. As a result, Trump signed an executive order in January<\/a> instructing federal agencies to eradicate 10 regulations for every new one implemented.\u00a0<\/p>\n

As a result, agencies submitted more than 1,300 proposals to OMB\u2019s Office of Information and Regulatory Affairs (OIRA) in 2025 \u2014 resulting in a total of 646 deregulatory actions<\/a> this fiscal year, according to the Office of Management and Budget (OMB).\u00a0<\/p>\n

Altogether, the deregulatory actions have amounted to $211.8 billion in net cost savings in fiscal year 2025<\/a>, translating to more than $600 per American, according to OMB.<\/p>\n

WHITE HOUSE HIGHLIGHTS OVER $2B IN SAVINGS FROM DEI CUTS DURING TRUMP ADMINISTRATION’S FIRST 100 DAYS\u00a0<\/strong><\/a><\/p>\n

“The Trump Administration\u2019s deregulatory agenda is the most ambitious in American history,” OMB Director Russ Vought said in a statement to Fox News Digital. “We have blown far past the target 10 to 1 deregulatory ratio in President Trump\u2019s Executive Order, saving hundreds of billions for the American people.”<\/p>\n

“In less than one year we have already achieved more savings than in all four years of the prior Trump Administration, and we\u2019re just getting started,” Vought said.\u00a0<\/p>\n

Deregulatory actions that the Trump administration has taken this year include eliminating the requirement to remove shoes during Transportation Safety Administration (TSA) airport screenings<\/a> \u2014 saving every passenger roughly two minutes going through TSA. Additionally, the Financial Crimes Enforcement Network (FinCEN) at the Department of the Treasury eliminated a rule for U.S. companies and individuals to report to the government personal information <\/strong>related to business ownership.\u00a0<\/p>\n

The bulk of deregulatory actions taken occurred<\/a> at the Department of the Treasury, the Department of Veterans Affairs, the Department of Transportation, the Department of Agriculture and the Department of Homeland Security.<\/p>\n

Meanwhile, the Biden administration added between roughly 400 rules to nearly 800 rules each year \u2014 which were often coupled with additional regulations, according to a senior administration official.\u00a0<\/p>\n

Total regulatory costs imposed under the Biden administration snowballed and accumulated to $1.8 trillion during his term in the White House, according to the American Action Forum, a center-right policy institute.\u00a0<\/p>\n

Biden did not immediately respond to a request for comment from Fox News Digital.\u00a0<\/p>\n

Meanwhile, the Trump administration has come under scrutiny from Democrats and some Republicans for its deregulatory push.\u00a0<\/p>\n

Democrats opposed a proposal from Trump’s Labor Department to slash more than 60 workplace regulations that encompassed a host of issues, including minimum wage requirements to harmful substance exposure guidelines.\u00a0<\/p>\n

“Donald Trump is betraying America\u2019s workers by forcing people to choose between a paycheck and their safety,” Democratic National Committee Chair Ken Martin said in a statement in July. “Slashing basic protections like standards to ensure roofs don\u2019t collapse, minimum wage for home health care workers, and proper lighting in a construction site won\u2019t make workers safer or small businesses stronger \u2014 it will just make greedy corporations richer.”\u00a0<\/p>\n<\/div>\n

Source – https:\/\/www.foxnews.com\/politics\/trump-takes-axe-federal-red-tape-cuts-600-rules-one-year-touts-billions-savings <\/a><\/p>\n","protected":false},"excerpt":{"rendered":"

FIRST ON FOX: The Trump administration has cut more than 600 rules and regulations in the past year, while only introducing five new ones in […]<\/p>\n","protected":false},"author":1,"featured_media":0,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"rop_custom_images_group":[],"rop_custom_messages_group":[],"rop_publish_now":"initial","rop_publish_now_accounts":{"twitter_2902945987_2902945987":""},"rop_publish_now_history":[],"rop_publish_now_status":"pending","footnotes":""},"categories":[16563],"tags":[],"stock_ticker":[],"class_list":["post-114348","post","type-post","status-publish","format-standard","hentry","category-market-news","entry"],"acf":[],"yoast_head":"\nTrump takes axe to federal red tape, cuts 600+ rules in one year, touts billions in savings - Wall Street PR<\/title>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/cablemanpro.com\/wallstreetpr\/trump-takes-axe-to-federal-red-tape-cuts-600-rules-in-one-year-touts-billions-in-savings-114348\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"Trump takes axe to federal red tape, cuts 600+ rules in one year, touts billions in savings - 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