Trump signs executive order aimed at cutting federal regulations


  • World
  • Saturday, 25 Feb 2017

U.S. President Donald Trump is surrounded by business leaders as he signs an executive order on regulatory reform at his desk in the Oval Office at the White House, U.S. February 24, 2017. REUTERS/Jonathan Ernst

WASHINGTON (Reuters) - President Donald Trump signed an executive order on Friday to place "regulatory reform" task forces and officers within federal agencies in what may be the most far reaching effort to pare back U.S. red tape in recent decades.

Trump signed the directive in the Oval Office with chief executives of major U.S. corporations standing behind him including Dow Chemical Co, Lockheed Martin Corp and U.S. Steel Corp.

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