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Posted On: 01/20/2017 9:02:20 PM
Post# of 51876
Re: getmoreshares #16564
White House orders 'immediate regulatory freeze'
The White House ordered an immediate freeze of pending regulations on Friday night until they can be reviewed by the Trump administration.
In a memo to federal departments and agencies, White House Chief of Staff Reince Priebus said the freeze was designed to ensure President Donald Trump's appointees or designees "have the opportunity to review any new or pending regulations."
For regulations that have been finalized but have not taken effect, the order calls for temporarily postponing their effective date for 60 days.
The request allows exceptions for emergency situations relating to health, safety, financial or national security matters.
The Obama administration made a similar move in January 2009 to freeze pending regulations from the Bush administration.
The White House ordered an immediate freeze of pending regulations on Friday night until they can be reviewed by the Trump administration.
In a memo to federal departments and agencies, White House Chief of Staff Reince Priebus said the freeze was designed to ensure President Donald Trump's appointees or designees "have the opportunity to review any new or pending regulations."
For regulations that have been finalized but have not taken effect, the order calls for temporarily postponing their effective date for 60 days.
The request allows exceptions for emergency situations relating to health, safety, financial or national security matters.
The Obama administration made a similar move in January 2009 to freeze pending regulations from the Bush administration.
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