01-07-2025
- Business
- Wall Street Journal
Trump Sets Record for Inactivity
On Friday this column surmised that the phenomenon of bullish equity investors in the face of costly tariff fights and negative first-quarter GDP growth had a lot to do with President Donald Trump's regulatory restraint. At the risk of ruining his media reputation as an authoritarian, Mr. Trump now appears to be setting a modern record in avoiding telling Americans what to do. Specifically his administration appears to be imposing far fewer rules than its recent predecessors. What's more, even when Mr. Trump does issue a directive, it's often simply to tell Americans that they no longer have to follow another directive previously issued by someone else.
'Trump's Deregulation Score: Mid-Year Federal Rules Tally Is The Lowest Ever Recorded,' is the headline today on a story from Wayne Crews in Forbes. Mr. Crews explains that the 'federal regulatory landscape has undergone a dramatic transformation' and adds:
