USA: Trump administration begins agenda of industry deregulation with extractives, guns & pharmaceuticals

Author: Eric Lipton & Binyamin Appelbaum, The New York Times (USA), Published on: 7 March 2017

“Leashes Come Off Wall Street, Gun Sellers, Polluters and More”, 5 Mar 2017

Since the Trump administration began, more than 90 Obama-era federal regulations have been revoked or delayed or enforcement has been suspended, in many cases based on requests from the industries the rules target…Slashing regulations, they argue, will unleash economic growth…On a near daily basis, regulated industries are now sending in specific requests…for more rollbacks, including recent appeals from 17 automakers to rescind an agreement to increase mileage standards for their fleets, and another from pharmaceutical industry figures to reverse a new rule that tightens scrutiny over the marketing of prescription drugs for unapproved uses…[D]ozens of public interest groups — environmentalists, labor unions, consumer watchdogs — have weighed in[:]…“Americans did not vote to be exposed to more health, safety, environmental and financial dangers,” said one letter, signed by…137 nonprofit groups to the White House last week.  Congress…has erased three Obama-era rules in the last month, lifting regulations related to coal mining and oil and gas exploration, as well as the sale of guns to the mentally ill.  More than 25 more rules could also be erased in the coming weeks…[Refers to AT&T, Comcast, Verizon & JP Morgan Chase]. 

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Related companies: AT&T Comcast JPMorgan Chase Verizon