WIKIMEDIA, STAFF OF POTUSPresident Donald Trump signed an executive order on Monday (January 30) that will require federal agencies to repeal two existing regulations for every new one they adopt. “It is the policy of the executive branch to be prudent and financially responsible in the expenditure of funds,” according to the executive order. “It is essential to manage the costs associated with the governmental imposition of private expenditures required to comply with Federal regulations.”
As he signed the order, STAT News reported, Trump said he was fulfilling a campaign promise to loosen government regulations and promote innovation. “There will be regulation, there will be control,” he said. “But it will be normalized control.”
Rick Pollack, CEO of the American Hospital Association, praised the executive order in a statement. “Reducing the administrative complexity of health care would allow providers to spend more time on patients, not paperwork,” he wrote. “Excessive red tape not only stands as a barrier to care but as a key driver of cost.”
But some officials were less certain that the executive order was a good idea. As STAT reported, the order could cripple the 21st Century Cures Act, the landmark legislation passed to accelerate US ...