Trump Strengthens Regulation Cutting: Plan to Cut 10 Rules for Each New Policy

Donald Trump announces a strong plan to cut 10 regulations for every new regulation, promising to eliminate unprecedented regulations to promote employment, innovation and economic growth. Major renovation regulations: Explanation of Trump's ambitious 10-to-1 reduction strategy US President-elect Donald Trump is preparing to launch comprehensive regulatory reforms across multiple industries, promising significant changes to promote economic growth. Speaking on Monday, Trump emphasized his administration's commitment to reducing regulations that he described as harmful to job growth, outlining a bold regulatory approach. He declared: There are preparations being made to cut a series of kill-job regulations, removing 10 old regulations for each new one. You bring in a new regulation, you have to remove 10 regulations, and we can do it. Reflecting on his previous term, he added: "We cut more regulations than any president has ever cut, about five times, in fact. Unfortunately, some of those regulations have been brought back, but we'll catch up very quickly. We'll catch up." Although Trump did not specifically mention the regulations on cryptocurrencies in his speech on Monday, his recent actions suggest a shift towards a more crypto-friendly regulatory environment. He has voiced support for reducing barriers in the cryptocurrency field, including proposals to establish a strategic bitcoin reserve fund. By nominating key supporters of innovation, such as appointing Paul Atkins as Chairman of the U.S. Securities and Exchange Commission (SEC) and appointing a pro-cryptocurrency Treasury Secretary, Trump appears to be ready to make the United States a global leader in the digital currency industry. These actions, coupled with the bitcoin price surpassing $100,000, highlight the potential impact of his policies on this field. The program proposes a broader repeal of Trump's regulations, including the appointment of Elon Musk and Vivek Ramaswamy as the heads of the Department of Government Effectiveness (DOGE), a newly established agency aimed at restructuring the federal bureaucracy. Musk and Ramaswamy are tasked with cutting regulations, auditing agencies such as the IRS, and implementing cost-cutting measures to reduce federal spending. These initiatives align with Trump's long-term commitment to minimizing government intervention and promoting economic growth through reduced regulatory burden. DYOR! #Write2Win #Write&Earn $BTC {spot}(BTCUSDT)