Trump Touts Rollbacks on Regulations, Cutting Red Tape in Speech

Trump Touts Rollbacks on Regulations, Cutting Red Tape in Speech
President Donald Trump speaks during an event about regulatory reform on the South Lawn of the White House in Washington on July 16, 2020. Drew Angerer/Getty Images
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President Donald Trump touted his administration’s record of rolling back regulations and cutting red tape in a speech on the White House south lawn Thursday.

Trump said that before he came into office, “American workers were smothered by a merciless avalanche of wasteful and expensive and intrusive federal regulation. These oppressive burdens and mandates were a stealth tax on our people, slashing take-home pay, suppressing innovation, surging the cost of goods and shipping millions of American jobs overseas.”