WASHINGTON, D.C. — On Wednesday, August 20, 2025, President Donald Trump unveiled a new legislative proposal aimed at dramatically reducing federal regulations, calling it a cornerstone of his second-term agenda to “unleash American business.” The bill, introduced in Congress, seeks to streamline regulatory processes across agencies, targeting what Trump described as “bureaucratic red tape” stifling economic growth, according to Reuters. The proposal follows his July 4 signing of the One Big Beautiful Bill Act, which included major tax cuts and spending reductions.
The legislation mandates a review of all federal regulations within 18 months, with a goal to eliminate at least 50% deemed “unnecessary” by a new task force led by Interior Secretary Doug Burgum. “We’re cutting the chains holding back our economy,” Trump declared at a White House briefing, per Reuters. The bill also proposes sunset clauses for new regulations and stricter cost-benefit analyses, drawing praise from business groups but alarm from environmental and labor advocates.
Key provisions of the bill include:
- Regulatory Review: Agencies must justify existing rules or face automatic repeal.
- Economic Impact: Claims to save $1.2 trillion annually, per Heritage Foundation estimates.
- Opposition Concerns: Critics warn of weakened environmental and worker protections.
Democrats, including House Minority Leader Hakeem Jeffries, slammed the bill as a “giveaway to corporations,” citing potential risks to air quality and workplace safety, per CNN. Posts on X, like those from @PolicyWatch, reflect mixed sentiment, with some praising deregulation and others fearing oversight erosion. The bill faces a tough Senate vote, needing 60 votes to overcome a likely filibuster. As Congress heads toward its August recess, the debate underscores Trump’s push to reshape federal governance amid growing partisan divides.
Source: Reuters