Trump delivering biggest cut in regulations since Reagan, by Paul Bedard.
Trump’s mode so far is regulating bureaucrats rather than regulating the private sector, with rules to limit their rules. Even more importantly, more unswervingly than any other, the administration has incorporated regulatory dark matter into reforming the administrative state in both his freeze and the two-out requirement. This material consists of all the memoranda, guidance, notices, bulletins and other proclamations (including threats and bad publicity) with which bureaucrats create or influence policy, but that escape the (already inadequate) discipline of the 1946 Administrative Procedure Act.
All this seems significant in terms of history of the regulatory state. The drop between Clinton and Bush was dramatic, but otherwise last time we saw anything comparable to today’s reduction was when both regulations and Federal Register page counts dropped over a third under Reagan.