{"id":747349,"date":"2026-07-06T23:12:17","date_gmt":"2026-07-06T23:12:17","guid":{"rendered":"https:\/\/www.newsbeep.com\/us\/747349\/"},"modified":"2026-07-06T23:12:17","modified_gmt":"2026-07-06T23:12:17","slug":"trump-administration-targets-702-rules-in-1-5t-deregulatory-plan","status":"publish","type":"post","link":"https:\/\/www.newsbeep.com\/us\/747349\/","title":{"rendered":"Trump administration targets 702 rules in $1.5T deregulatory plan"},"content":{"rendered":"\n<p>Fox News contributor Liz Peek discusses state regulation of AI and warns how it could threaten economic growth and competition against China on The Big Money Show.<\/p>\n<p>The <a href=\"https:\/\/www.foxbusiness.com\/category\/donald-trump\" target=\"_blank\" rel=\"noopener noreferrer nofollow\">Trump administration<\/a> on Friday laid out a sweeping deregulatory plan to eliminate over 700 rules across federal agencies.<\/p>\n<p>The Office of Information and Regulatory Affairs (OIRA) released its <a href=\"https:\/\/www.foxbusiness.com\/category\/fox-news-regulation\" target=\"_blank\" rel=\"noopener noreferrer nofollow\">2026 regulatory plan<\/a> which covered 702 deregulatory actions, an increase from 482 in the 2025 regulatory plan released by the Trump administration.<\/p>\n<p>OIRA is part of the White House&#8217;s Office of Management and Budget (OMB), and the agency indicated this year&#8217;s unified regulatory agenda aims to rollback rules impeding economic growth.<\/p>\n<p>     <img decoding=\"async\" src=\"https:\/\/www.newsbeep.com\/us\/wp-content\/uploads\/2026\/07\/donald-trump-oval-office-03.jpg\" alt=\"President Donald Trump in the Oval Office.\"\/> <\/p>\n<p>The White House released the executive branch&#8217;s regulatory plan for 2026, which includes a whopping $1.5 trillion in estimated savings. (Samuel Corum\/Sipa\/Bloomberg via Getty Images \/ Getty Images)<\/p>\n<p>&#8220;The North Star of this Regulatory Plan is improving the lives of Americans. At its core, this document outlines how the Trump Administration is promoting economic growth, jobs, and affordability,&#8221; said Mark Paoletta, general counsel performing the duties of the OIRA administrator.<\/p>\n<p><a href=\"https:\/\/www.foxbusiness.com\/economy\/lightning-speed-supersonic-civilian-flights-us-skies-take-another-step-toward-swift-return\" target=\"_blank\" rel=\"noopener noreferrer nofollow\">&#8216;LIGHTNING SPEED&#8217;: SUPERSONIC CIVILIAN FLIGHTS IN US SKIES TAKE ANOTHER STEP TOWARD SWIFT RETURN<\/a><\/p>\n<p>Paoletta added that OIRA estimates the 2026 regulatory plan will lead to a significant increase in <a href=\"https:\/\/www.foxbusiness.com\/category\/government-and-institutions\" target=\"_blank\" rel=\"noopener noreferrer nofollow\">regulatory cost savings<\/a> above the record set last year.<\/p>\n<p>&#8220;The President&#8217;s bold deregulatory efforts yielded $211.8 billion in cost savings for Americans in Fiscal Year 2025 \u2013 a level of regulatory savings never before achieved in American history,&#8221; Paoletta explained. &#8220;Yet Fiscal Year 2026 will go far beyond even that number with a record-setting $1.5 trillion in projected cost savings.&#8221;<\/p>\n<p><a href=\"https:\/\/www.foxbusiness.com\/markets\/polestar-banned-from-us-market-under-rule-targeting-china-linked-connected-vehicles\" target=\"_blank\" rel=\"noopener noreferrer nofollow\">POLESTAR BANNED FROM US MARKET UNDER RULE TARGETING CHINA-LINKED CONNECTED VEHICLES<\/a><\/p>\n<p>    <img decoding=\"async\" src=\"https:\/\/www.newsbeep.com\/us\/wp-content\/uploads\/2026\/07\/Manufacturing-auto-workers.jpg\" alt=\"Manufacturing workers in auto industry\"\/> <\/p>\n<p>Biden-era EPA pollution rules for light- and medium-duty vehicles will be reconsidered. (Emily Elconin\/Bloomberg via Getty Images)<\/p>\n<p>The 2026 regulatory plan includes a wide range of rules changes across federal agencies. For example, the <a href=\"https:\/\/www.foxbusiness.com\/category\/fox-news-environment\" target=\"_blank\" rel=\"noopener noreferrer nofollow\">Environmental Protection Agency (EPA)<\/a> signaled it will reconsider Biden-era pollution standards for light- and medium-duty vehicles, as well as repealing carbon pollution standards that affect power plants powered by fossil fuels.<\/p>\n<p>The Department of Agriculture (USDA) said that it will propose a new rule covering the <a href=\"https:\/\/www.foxbusiness.com\/category\/food-drinks\" target=\"_blank\" rel=\"noopener noreferrer nofollow\">Supplemental Nutrition Assistance Program (SNAP)<\/a> that includes new requirements for retailers aimed at deterring fraud and abuse within the program.<\/p>\n<p>USDA also plans to revise <a href=\"https:\/\/www.foxbusiness.com\/category\/jobs\" target=\"_blank\" rel=\"noopener noreferrer nofollow\">work requirements<\/a> for able-bodied adults enrolled in SNAP, along with revising the definition of eligible foods within the program to align with the administration&#8217;s nutrition goals. Food safety inspections are also to be modernized under a proposed rule that would include the removal of outdated inspection procedures.<\/p>\n<p><a href=\"https:\/\/www.foxbusiness.com\/politics\/white-house-lays-out-fixes-housing-affordability-problem\" target=\"_blank\" rel=\"noopener noreferrer nofollow\">WHITE HOUSE LAYS OUT FIXES FOR HOUSING AFFORDABILITY PROBLEM<\/a><\/p>\n<p>    <img decoding=\"async\" src=\"https:\/\/www.newsbeep.com\/us\/wp-content\/uploads\/2026\/07\/ai-computer-robot-hand-istock.jpg\" alt=\"A robot hand through a screen representing AI.\"\/> <\/p>\n<p>The administration is developing a new framework for the safe spread of U.S. AI tech around the world. (iStock)<\/p>\n<p>The Commerce Department&#8217;s Bureau of Industry and Security (BIS), which oversees export controls and looks to support national security and the defense industrial base, will implement a new framework for safely spreading U.S. <a href=\"https:\/\/www.foxbusiness.com\/category\/artificial-intelligence\" target=\"_blank\" rel=\"noopener noreferrer nofollow\">artificial intelligence (AI)<\/a> technology around the world.<\/p>\n<p>BIS also plans to reduce export controls on drones that are provided to certain U.S. partners and allies, as well as including copper in the administration&#8217;s national security <a href=\"https:\/\/www.foxbusiness.com\/category\/tariffs\" target=\"_blank\" rel=\"noopener noreferrer nofollow\">tariff regime<\/a>.<\/p>\n<p><a href=\"https:\/\/www.foxbusiness.com\/apps-products\" target=\"_blank\" rel=\"noopener noreferrer nofollow\">GET FOX BUSINESS ON THE GO BY CLICKING HERE<\/a><\/p>\n","protected":false},"excerpt":{"rendered":"Fox News contributor Liz Peek discusses state regulation of AI and warns how it could threaten economic growth&hellip;\n","protected":false},"author":2,"featured_media":747350,"comment_status":"","ping_status":"","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[27],"tags":[28],"class_list":["post-747349","post","type-post","status-publish","format-standard","has-post-thumbnail","category-business","tag-business"],"_links":{"self":[{"href":"https:\/\/www.newsbeep.com\/us\/wp-json\/wp\/v2\/posts\/747349","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/www.newsbeep.com\/us\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.newsbeep.com\/us\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.newsbeep.com\/us\/wp-json\/wp\/v2\/users\/2"}],"replies":[{"embeddable":true,"href":"https:\/\/www.newsbeep.com\/us\/wp-json\/wp\/v2\/comments?post=747349"}],"version-history":[{"count":0,"href":"https:\/\/www.newsbeep.com\/us\/wp-json\/wp\/v2\/posts\/747349\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/www.newsbeep.com\/us\/wp-json\/wp\/v2\/media\/747350"}],"wp:attachment":[{"href":"https:\/\/www.newsbeep.com\/us\/wp-json\/wp\/v2\/media?parent=747349"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.newsbeep.com\/us\/wp-json\/wp\/v2\/categories?post=747349"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.newsbeep.com\/us\/wp-json\/wp\/v2\/tags?post=747349"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}