Biden Administration Hands Down Record Number of Regulations in April

‘Bidenomics is a form of state capitalism,’ Steve Hanke, economics professor at Johns Hopkins University, stated.
Biden Administration Hands Down Record Number of Regulations in April
President Joe Biden speaks about 'Bidenomics' in Philadelphia, Pa., on Oct. 13, 2023. Madalina Vasiliu/The Epoch Times
Kevin Stocklin
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The Biden administration set a major milestone in April, mandating more regulations in a single week than were enacted during both terms of the Obama administration, a new report says.

According to the April 22 “Week in Regulation” report released by the American Action Forum (AAF), a conservative think tank that monitors federal regulations, 20 new federal directives issued the previous week amounted to $875.3 billion in total costs and added 4.7 million annual paperwork burden hours, based on the agencies’ estimates.

Kevin Stocklin
Kevin Stocklin
Reporter
Kevin Stocklin is a contributor to The Epoch Times who covers the ESG industry, global governance, and the intersection of politics and business.