Federal Regulation and Deregulation

The Trump administration says it has carried out 646 deregulatory actions and imposed just five new rules in fiscal year 2025 under a January executive order directing agencies to cut 10 regulations for every new one, with the Office of Management and Budget claiming $211.8 billion in net cost savings — about $600 per American. OMB Director Russ Vought touts the campaign as the most ambitious deregulation drive in U.S. history, citing changes like ending TSA’s shoe‑removal requirement and scrapping a FinCEN beneficial‑ownership reporting rule, while critics warn some Labor Department rollbacks could weaken worker protections.