Larry Kudlow: Don’t forget the economic benefits of deregulation
Just in case you didn’t see it, go back and read the print edition of the Wall Street Journal on Saturday entitled “Trump Usher’s “New High Watermark” Deregulation.” It’s a very important news story and is largely overlooked.
The film talks about reducing environmental rules and surveillance of banks, removing barriers to cryptocurrency, and reversing the Biden war against fossil fuels. In one day, Environmental Protection Agency It announced 31 measures to deregulate US environmental policies, including rules for power plants, oil and gas industries, electric vehicles and wastewater.
Deputy Director Michael Folkender discusses the importance of deregulation for “Kudrow” economic growth.
A big hat tip to the Wall Street Journal Newsroom who ran this story. President Trump issued 107 executive orders over 67 days. More than any other president in history, many of these orders regulate the economy. The president himself often suggests that lowering regulations is more important Tax reduction. I reserve my judgment about it, but his argument is well taken. Droping regulatory barriers is a boom in business and economic growth.
Especially reducing regulatory costs Useful for small and medium-sized businesses It has no funding to hire a legion of accountants, lawyers and lobbyists to fight his uncle Sam. The Wall Street Journal story records the SEC leaving Biden’s “Green New Deal” climate-related rules (Biden’s currency and his Federal Reserve supervisors were pushing ESG and DEI instead of bank loans).
Senator Tommy Tuberville, R-Ala. unravels the White House deregulation agenda for “Kudlow.”
In fact, it is a huge plus for Michelle Bowman to be appointed as the new Federal Reserve Vice-Chair for bank oversight. She could reopen the door to traditional commercial and industrial loans, especially for small and medium-sized businesses, in recent years, which are very few, especially for small and medium-sized businesses. And she stops her war with fossil fuels.
Furthermore,nterior and the Housing and Urban Development Sector It aims to streamline regulations to promote the construction of homes on millions of acres of federal land.
Back to President Trump’s remarkable presidential orderS, he aims to stamp transformational stamps in so many important areas of American life, including economy, trade, foreign policy, military, energy, culture, borders, crime, and more.
Former Commerce Secretary Wilbur Ross unfolds the global tariff impact on “Kudrow.”
In every case, his focus is on common sense behaviour, making America a better place, work, raises his family, and places he is proud of our patriotic heritage.
Good for him.