All articles tagged with #deregulation
Comedian Bill Maher criticized President Trump and the EPA for rescinding the 2009 finding that greenhouse gases threaten public health, calling it the single largest deregulation action in American history and dubbing it the 'biggest dick move' in history, while also quipping about other topics on Real Time.
The Trump administration announces the repeal of the Obama-era Endangerment Finding, removing EPA greenhouse-gas regulations and EV mandates, in what is described as the largest deregulation action in U.S. history. Supporters say it will lower prices, expand consumer choice, and boost energy independence, citing estimated savings of over $1 trillion and about $2,400 saved per new vehicle.
Trump's administration revoked the 2009 EPA endangerment finding that justified greenhouse gas regulations, eroding the legal basis for US climate rules and potentially undoing vehicle and power-plant emissions standards, while triggering court challenges and signaling a broad rollback of federal pollution rules.
Trump’s pick for Fed chair, Kevin Warsh, would push to curb the Fed’s regulatory powers and hand some supervision to the Treasury, signaling an aggressive deregulation agenda that could reshape banking oversight and affect Basel III and liquidity rules if confirmed.
Treasury Secretary Scott Bessent is pushing a 'fundamental reset' of post-crisis banking rules, coordinating with independent regulators to loosen oversight, push digital assets into the banking system, and reduce costs for megabanks. Supporters say the approach could boost growth and lending, while critics like Sen. Elizabeth Warren warn it risks stability by subordinating risk management to Wall Street. Regulators stress they will balance growth with safety, but the unusually close Treasury involvement signals a centralized push on financial regulation.
Governor Miran argues that targeted deregulation expands the economy’s supply potential and boosts productivity, improving the transmission of monetary policy. Citing Greece’s crisis-era reforms and the US deregulation push, he suggests lower regulation can justify a more accommodative stance from the ECB and Fed, while acknowledging measurement challenges in gauging regulation’s macro effects and noting new tools indicate a shrinking regulatory burden.
The Division I Basketball Oversight Committees proposed a legislative package to deregulate preseason exhibitions, foreign tours, coaching limitations, and summer access hours, aiming to enhance student-athlete preparation, exposure, and flexibility in recruiting and coaching practices, pending approval by the Division I Cabinet.
America’s six largest banks gained $600bn in market value in 2025 due to deregulation efforts and a revival in investment banking, outpacing European rivals and the broader market, with regulatory changes allowing higher leverage and less onerous capital rules fueling growth and investor confidence.
Wall Street is experiencing its best run in years due to deregulation efforts by regulators under the Trump administration, which aim to relax banking rules and boost profits. However, some experts warn that this overexuberance and easing of safeguards could lead to increased risks, potential market corrections, and financial instability, especially as valuations are already high and credit conditions tight.
The article discusses how Trump's deregulation efforts and the rapid expansion of satellite constellations like SpaceX's Starlink threaten to obscure the night sky, hinder astronomical research, and increase space debris risks, raising concerns among scientists and environmentalists about the long-term impacts on space access and safety.
The U.S. Department of Transportation plans to weaken or eliminate several airline passenger protection rules enacted during the Biden administration, favoring airline industry interests over consumer rights, which could lead to less transparency, fewer refunds, and diminished accountability for airlines.
The SEC's Spring 2025 Regulatory Agenda emphasizes supporting innovation, clarifying crypto asset regulations, reducing compliance burdens, modernizing rules, and rethinking the Consolidated Audit Trail, reflecting a focus on smart, effective regulation.
The Department of Government Efficiency is developing an AI tool called DOGE to analyze and potentially eliminate half of the federal regulations, with initial reviews already underway at agencies like HUD and the CFPB, aiming for significant deregulation by President Trump's return to office.
The U.S. DOGE Service is developing an AI tool called the 'DOGE AI Deregulation Decision Tool' to analyze and eliminate approximately 100,000 federal regulations, aiming to cut half of Washington's regulatory mandates within a year, potentially saving trillions of dollars and reducing compliance burdens.
The U.S. Department of Labor has proposed over 60 changes to eliminate or revise outdated workplace rules, aiming to reduce regulatory burdens but facing criticism for potentially increasing worker risks, especially for vulnerable groups like women and minorities. Key proposals include removing minimum wage requirements for home health care workers, rescinding protections for migrant farmworkers, and relaxing safety standards at construction sites and mines, with ongoing public comment periods before implementation.