On May 19, 2020, President Trump signed the Executive Order on Regulatory Relief to Support Economic Recovery. In Section 6 of the EO, titled the “Fairness in Administrative Enforcement and Adjudication,” it includes ways to improve the institutional framework of how federal regulations are enforced. The EO should help empower people to be protected from undue, expensive, unclear regulatory overreach by the federal government that costs Americans trillions of dollars over time.
Economy
Overview of the RESTART Act
In May, U.S. Senators Bennet (D-CO) and Young (R-IN) introduced the RESTART Act (S. 3814) to provide increased flexibility to the Paycheck Protection Program (PPP). It also would establish a new lending program for small and medium-sized businesses to cover up to six months of operating expenses for those hit hardest by the economic fallout...
September 28, 2020