Trump orders feds to slash 10 regulations for every new one

President Trump ordered federal agencies to jettison 10 regulations for every new one established, hearkening back to a move he made during his first stint in the White House. 

The president on Friday signed an executive order, dubbed “Unleashing Prosperity Through Deregulation,” that whenever an agency creates a rule, it must find 10 old rules, regulations or guidance documents to ditch.

Mr. Trump argued in his order that the “ever-expanding morass” of regulations was imposing harsh costs on businesses and hampering economic growth domestically and globally, and are often tough for companies and Americans to understand.