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Briefing
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- Executive Order – U.S. President Donald Trump signed executive order that reduces federal regulations for small businesses, aiming to eliminate more than 75% of them, except policies set by the U.S. Securities and Exchange Commission
- One in, Two out Policy – States that for every policy instated by federal government, two regulations should be taken out, according to White House officials
- Implementation Barriers – Enforcement is not clear yet as repeal of existing regulations requires long processes involving review, public notice and comment period
- Reduced Protection – May reduce consumer and environmental protections, in favor of businesses
- Increased Small Business Confidence – Rose to 105.8 in December, highest in 12 years, according to National Federation of Independent Business
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