ARTICLE · 17 FEBRUARY 2025

"Unleashing Prosperity Through Deregulation" — How Effective Will It Be In Practice?

Bergeson & Campbell

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President Trump, on January 31, 2025, issued Executive Order 14192, "Unleashing Prosperity Through Deregulation." This has been referred to as President Trump's "ten-to-one deregulation...

United StatesGovernment, Public Sector

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President Trump, on January 31, 2025, issued Executive Order 14192, "Unleashing Prosperity Through Deregulation." This has been referred to as President Trump's "ten-to-one deregulation initiative" that he spoke about when he was campaigning. If this initiative seems familiar, it may be because you remember Executive Order 13771, "Reducing Regulation and Controlling Regulatory Costs," issued on February 3, 2017, by President Trump in his first term. That Executive Order called for a two-to-one repeal of regulations.

Section 3 of Executive Order 14192 requires that "whenever an executive department or agency (agency) publicly proposes for notice and comment or otherwise promulgates a new regulation, it shall identify at least 10 existing regulations to be repealed." For Fiscal Year 2025, the heads of all agencies are directed to ensure that the total incremental cost of all new regulations, including repealed ones, shall be "significantly less than zero" as

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