- ABC News
- January 31, 2017
Consumer Groups Slam Trump Regulation Order
Consumer groups are slamming President Donald Trump’s new executive order on regulations, calling the move “arbitrary and irrational” and a threat to consumer safety. The order, signed Monday, requires that for every federal regulation put in place, two other regulations must be eliminated. It also requires that the cost of all new regulations this year be zero. Trump hailed the move as a win for small businesses, which he said will be able to expand more quickly as a result. But consumer groups are denouncing the order as a nonsensical simplification of regulations that help protect our food supply, medicines, environment and more. Rachel Weintraub, the legislative director and general counsel of the Consumer Federation of America, said the move “will have a devastating impact on necessary consumer protection.” “Creating an arbitrary one-in-two-out rule utterly disregards the substance and purpose for existing regulatory protections and the benefits they can provide to...