“We are now reducing the size, scope, and cost of Federal regulations for the first time in decades, and we are already seeing the incredible results,” Trump said. In a Cabinet meeting, senior officials likewise offered inflated economic numbers about Trump’s “gangbusters” deregulatory achievements.
In reality, Trump’s regulatory rollback has largely been a bust. In some cases, in fact, it’s been an outright fraud: The Trump administration has added bureaucracy and uncertainty for businesses that it either willfully misunderstands or overtly dislikes.
View the complete commentary by Catherine Rampell on The Washington Post website here.