Treasury, IRS Begin to Implement Executive Orders on Regs

Overview


Marc Sorini cautioned that President Trump’s Executive Order 13771 (generally requiring federal agencies to identify two regulations for repeal when proposing or promulgating a new reg with costs greater than zero) “may accelerate the unfortunate trend of agencies to make rules through informal documents instead of the notice-and-comment rulemaking process mandated by the Adminis­trative Procedures Act.