Today, Explained The Trump Years: Deregulator in chief
Oct 9, 2020
Matthew Yglesias, host of Vox's Weeds podcast, delves into President Trump's significant deregulatory efforts, a lesser-highlighted aspect of his presidency. He discusses the immediate impacts on environmental and financial sectors, revealing how regulations were swiftly rolled back using the Congressional Review Act. Yglesias also critiques the 2017 tax overhaul and its ramifications for community banks and businesses. The conversation unpacks the complex dynamics of Trump's policies and the paradox of prioritizing culture wars over concrete legislative achievements.
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Trump's Regulatory Focus
- Trump's presidency initially focused heavily on regulatory policy changes, often going unnoticed.
- These under-the-radar shifts significantly impacted people's lives.
Early Deregulation Efforts
- Trump appointed Neil Gorsuch, a deregulatory figure, to the Supreme Court.
- He also used the Congressional Review Act to quickly undo Obama-era regulations.
Extensive Environmental Deregulation
- Trump reversed many environmental regulations, impacting areas like fuel efficiency and toxins.
- This deregulation received less attention compared to other news.