Hoeven: President's Order Helps Reduce Regulatory Burden, Dovetails with Congressional Efforts

WASHINGTON -- Senator John Hoeven today issued the following statement in response to the president’s executive order to reduce the regulatory burden:

“In order to spur investment and economic growth, our businesses need a cost-effective and predictable regulatory environment. The president’s recent order helps roll back the regulatory burden by requiring that two regulations be rescinded for every new regulation that comes online. That is important for our farmers, ranchers and small businesses and will help create more jobs and opportunity. At the same time, this order facilitates better measurement of the costs that federal rules impose on our economy and ensures the cost of new rules is offset by removing old regulations.

“The fact is that many federal rules do not reflect the reality that businesses face, imposing one-size-fits-all mandates that don’t provide additional benefits. We can still ensure that industry operates in a safe manner, but we must allow states to take the lead and work with them to adjust for regional differences. This is the approach we are taking in Congress right now as we address overreaching rules from the previous administration, including the Stream Buffer Rule and Bureau of Land Management’s Methane Rule. I look forward to continuing to work with my colleagues in Congress to advance this states-first approach and reduce unnecessary, duplicative federal rules.”