Obama orders federal agencies to review regulations
President Obama on Tuesday ordered every federal agency to conduct a systematic review of existing regulations, a concerted effort to banish red tape at a time when the administration is eager to promote economic growth and to repair its fractured relations with the business community.
With a new executive order and two presidential memorandums, Obama laid out a regulatory strategy that aims to walk the fine line between protecting public health and safety and freeing business to pursue profits. Many of its principles are already in use, senior administration officials said. But the formal order puts agencies across the government on notice that, when making new rules, they must avoid "unreasonable burdens on business," as Obama put it in an op-ed in Tuesday's Wall Street Journal.
| January 18, 2011; 1:28 PM ET
Categories: Administration, Agencies and Departments
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