OIRA Directs Agencies To Put Forth Regulatory Cost Caps, Expects Cuts

President Donald Trump's regulatory czar directed agencies on Thursday (Sept. 7) to cap their regulatory costs for fiscal 2018, and indicated the Office of Management and Budget expects each agency to propose a net reduction in regulatory costs. One regulatory policy watcher praised the brevity and approach of the one-page memo, and indicated that agencies should not be surprised by the directive from OMB as it is in line with Trump's earlier two-for-one Executive Order. Based on the input, the...