Trump Orders FDA, Others to Form Reform Task Force
President Trump 2/24 signed an executive order requiring FDA and other federal agencies to “establish a regulatory reform task force, which will ensure that every agency has a team of dedicated — and a real team of dedicated people — to research all regulations that are unnecessary, burdensome and harmful to the economy, and therefore harmful to the creation of jobs and business.” Surrounded by business leaders in the Oval Office, including Merck CEO Ken Frazier, and Johnson & Johnson CEO Alex Gorsky, Trump said each task force will make recommendations to repeal or simplify existing regulations. “The regulatory burden is for the people behind me and for the great companies of this country, and for small companies — an impossible situation, we’re going to solve it very quickly,” he said. “They will also have to really report every once in a while to us so we can report on the progress, and so we can come up with some even better solutions.”
Trump declared that “every regulation should have to pass a simple test: Does it make life better or safer for American workers or consumers? If the answer is no, we will be getting rid of it and getting rid of it quickly. We will stop punishing companies for doing business in the United States. It’s going to be absolutely just the opposite. They’re going to be incentivized for doing business in the United States.”