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Emory Corporate Governance and Accountability Review

Authors

Reuben Guttman

Abstract

Just ten days after his inauguration, on January 30, 2017, the President issued an Executive Order directing that 'for every new regulation issued, at least two prior regulations be identified for elimination, and that the cost of planned regulations be prudently managed and controlled through a budgeting process.' No doubt the Executive Order failed to account for the exhaustive administrative processes, and even court challenges, that typically create and temper regulation in the first place. Nor did the Executive Order account for the historical context of regulation; perhaps even a tragic event or loss of life leading to a rulemaking. To the contrary, the Executive Order approached regulation generally as a blight impeding man's ability to do good. Curiously, this should be antagonistic to Mr. Trump's purported evangelical base and yet it is not.

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