The executive order aims to reduce the number of regulations that the federal government implements, especially those that are not constitutional or legal, and prioritize those that serve a public good. This is in line with President Trump’s belief that the federal government should be limited in its regulatory authority and focused on promoting economic growth through deregulation. The order requires all agencies to review their existing regulations and identify those that can be eliminated or modified, which could result in significant cost savings for businesses and consumers. Additionally, it establishes the “Department of Government Efficiency” to coordinate regulatory reform efforts across government agencies. The DOGE Team will be responsible for identifying areas where regulations are redundant or overly burdensome, and recommending reforms that promote economic growth while protecting public health and safety. Overall, this executive order is part of the Trump administration’s broader deregulatory agenda to reduce government intervention in the private sector and promote more efficient markets.
Read the full text of the order at the whitehouse.gov website.