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Cato Podcast

Midnight Regulating ahead of a Trump Presidency

Cato Podcast

Cato Institute

Government, Policy, 424708, Immigration, Defense, Peace, Politics, News, Cato, Libertarian, News Commentary, Markets

4.5979 Ratings

🗓️ 18 December 2016

⏱️ 21 minutes

🧾️ Download transcript

Summary

The "midnight regulating" that marks the end of every presidential administration is in full swing. But even much of the regulating done over the past several months can be undone quickly in the opening weeks of a Trump Administration. Other regulatory changes may be more challenging. Susan E. Dudley directs the George Washington University Regulatory Studies Center.

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Transcript

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0:00.0

This is the Cato Daily Podcast for Sunday, December 18th, 2016.

0:05.0

I'm Caleb Brown.

0:07.0

You can't just undo regulations with the stroke of a pen

0:10.0

despite what President-elect Donald Trump argues. So what can he do following the midnight regulating period

0:16.2

we are now in.

0:17.6

Susan Dudley directs the George Washington University Regulatory Studies Center

0:22.2

and is a former head of the Office of Information and Regulatory Affairs.

0:26.0

We spoke earlier this month.

0:28.0

On the campaign trail, Donald Trump talked a lot about specific regulations, or I should say laws that enable

0:37.5

a whole host of regulations, Obamacare, Dodd Frank, among others. But what has he said about regulatory policy that you

0:51.2

found compelling.

0:54.0

did.

0:55.0

He talked about specific regulations that the ones you mentioned, but also energy and environmental

1:00.0

regulations.

1:02.4

And he promised to make very big cuts in regulation.

1:08.0

I think a quote is very, very big cuts in regulations.

1:12.0

And sometimes he used a, he'd give a number like 80%

1:15.1

or 90% of regulations he would do away with if elected.

1:19.9

There is sort of a natural time limit, it seems, on undoing actions of a previous president,

1:27.0

especially when they come in the form of regulatory policy rules that are issued by executive

1:32.4

agencies. So is that a likely scenario?

1:36.8

This 80% 90% because of course the Federal Register expands by thousands of

...

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