Trump plans sweeping regulatory cuts, expands Musk’s oversight of DOGE initiative

President Donald Trump is set to sign an executive order beginning a government-wide review of regulations. According to a White House fact sheet, the order will require all federal agencies to assess their regulations to ensure alignment with the administration’s policies and billionaire Elon Musk’s D.O.G.E initiative, which seeks to reduce federal spending and workforce levels.

The fact sheet states that D.O.G.E, in collaboration with the White House’s Office of Management and Budget, will craft a regulatory agenda to repeal or scale back rules that conflict with Trump’s vision. The order also directs agencies to deprioritize enforcement actions that “stretch statutory authority or exceed the constitutional powers of the Federal Government.”

Trump targets federal agencies for elimination

The order strengthens Musk’s oversight of cost-cutting initiatives, even as the program faces legal challenges regarding its authority and scope.

In addition, Trump plans to sign a directive to dismantle a dozen federal entities, including the Community Bank Advisory Council, Credit Union Advisory Council, and the US. Institute of Peace, as part of his broader effort to reduce government spending and programs.

The order aims to “further shrink the size of the Federal Government to enhance accountability, reduce waste, and foster innovation,” according to a White House fact sheet. The directive seeks to scale down federal bureaucracy to the “minimum level of activity,” the document states.

Several councils and agencies would be eliminated, including the US African Development Foundation, the Presidential Management Fellows Program, and the Academic Research Council, which advises the Consumer Financial Protection Bureau (CFPB). In a recent speech, Trump said that he had “virtually shut down” the CFPB.

Musk’s workforce cuts fall short as Trump prepares for large-scale layoffs

Musk’s plan for DOGE includes cutting the federal workforce through buyouts. Although 75,000 employees took early retirement under the D.O.G.E program—about 3% of its 2.4 million civilian federal workforce—the total was less than the White House’s target of 5 to 10 percent. That shortfall raises the specter of large-scale layoffs.

Trump has gone beyond that, signing an executive order directing agency heads to get ready for “large-scale reductions in force.”

Trump’s push to reshape the federal government’s structure has spawned legal challenges to D.O.G.E’s authority, especially its access to sensitive government data and dismissal of personnel. Worries about possible conflicts of interest involving Musk, the world’s richest person, have also emerged.

In the face of these legal fights, A federal judge on Tuesday rejected a request to halt D.O.G.E teams from accessing government systems and removing employees, marking a victory for Trump and Musk.

It remains unclear how much D.O.G.E’s cost-cutting will ultimately save and how those savings will be distributed. The initiative’s accounting reliability has been questioned. Trump has proposed a plan to return money culled from budget cuts and workforce reductions to taxpayers, which was “under consideration,” but he offered no details about how or if it could be done.

Through these bold changes, Trump and Musk press on with their widely publicized transformation of the federal bureaucracy, a move that will likely spark intense political and judicial fights throughout American governance.

Cryptopolitan Academy: FREE Web3 Resume Cheat Sheet – Download Now

Source: https://www.cryptopolitan.com/trump-plans-sweeping-regulatory-cuts/