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Trump to Launch Sweeping Deregulatory Drive Next Week, Aiming to Cut 10 Regulations for Every New Rule, Impacting Tesla

Jan 18, 2025, 02:43 PM

President-elect Donald Trump is set to initiate one of the most extensive deregulatory efforts in U.S. history next week, aiming to reduce federal regulations across various sectors. His strategy includes a proposal to eliminate ten existing regulations for each new one introduced. This ambitious plan seeks to streamline government oversight and may significantly impact multiple industries. Trump's approach has garnered attention from both supporters and critics, with potential implications for companies like Tesla, as noted by analysts. The plan's success will depend on gaining support from Republican allies in Congress.