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Posted at 1:28 PM ET, 01/18/2011

Obama orders federal agencies to review regulations

By Lori Montgomery

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.

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By Lori Montgomery  | January 18, 2011; 1:28 PM ET
Categories:  Administration, Agencies and Departments  
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Comments

This kind of EO is meant for public consumption and will not make any meaningful changes to the business practices of the Government. What it will mean is that committee will be formed (taking employees from doing meaningful work), reporting will be required, a few little known, little used regulations will be eliminated and in the end, nothing will change.

Posted by: Babecat | January 19, 2011 8:34 AM | Report abuse

Hahahahahahahahaha

Posted by: getjiggly1 | January 19, 2011 11:46 AM | Report abuse

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