Thumbnail

Breadcrumb

Regulatory reform

Regulations that are unnecessary and burdensome are harmful to the economy. They increase the time and cost of doing business, and therefore increase prices and kill jobs. When it takes years for federal agencies to approve new plants and facilities, it takes years before people are working there. If infrastructure development is delayed, public service is reduced and access needed for private-sector growth is reduced.

Accelerating the development of new manufacturing plants and equipment, and infrastructure improvements are fundamental to our mission. We will be at the forefront of federal efforts to reduce regulations and shorten the timeframe for federal review of projects.

Op-Ed: President Trump’s Tax Plan is Working for America

As Americans filed their taxes this spring, they wrestled for the last time with a system that for decades plundered their paychecks and made American businesses uncompetitive. The Tax Cuts and Jobs Act signed into law by President Trump in December is already benefiting American families, workers, and companies. The United States will continue to reap the economic benefits generated by tax reform...

Secretary Ross: “A Bright Future for U.S. Leadership of Space Commerce”

CAPE CANAVERAL – U.S. Secretary of Commerce Wilbur Ross delivered the following remarks today at the second meeting of the reconstituted National Space Council. Remarks as Prepared for Delivery: Mr. Vice President, Members of the National Space Council, the User Advisory Committee, and distinguished guests: A couple of weeks ago, here at Cape Canaveral, we watched the successful launch of Space X...

Enhance Job Creation

Job creation is fundamental to our mission. American workers thrive when they are free to develop our abundant natural resources, leverage broadband, use secure digital technology, and are not burdened by excessive regulations. We create these conditions and facilitate job creation through increased exports and foreign direct investment (FDI). Exports and FDI are proven job generators. Exported...

Statement from U.S. Secretary of Commerce Wilbur Ross on President Trump’s Speech on Regulatory Reform

“President Trump is slashing costly and unnecessary red tape, fees, and paperwork to reduce the unreasonable burden placed on American businesses and workers. At the Department of Commerce, we have exceeded President Trump’s mandate that for every one new regulation, two old regulations must be eliminated, having completed seven deregulatory actions while adding no new regulations in 2017. I am...

U.S. Department of Commerce Releases Report on Promoting Energy Independence and Economic Growth Through Deregulation

Today, U.S. Secretary of Commerce Wilbur Ross submitted the Department of Commerce’s report in response to President Trump’s executive order “Promoting Energy Independence and Economic Growth” to Office of Management and Budget Director Mick Mulvaney. This report identifies and addresses regulatory burdens inside of the Department of Commerce that encumber energy production, strangle economic...

U.S. Department of Commerce Releases Report on Streamlining Government Permitting and Reducing Unnecessary Regulations on the Domestic Manufacturing Industry

Today, U.S. Secretary of Commerce Wilbur Ross released the Streamlining Permitting and Regulatory Burdens for American Manufacturers report that was submitted to President Donald Trump. This report, which gathered input from domestic manufacturers and industry stakeholders, identified 20 sets of regulations and permitting issues as being a top priority for reform and immediate action to begin...

Streamlining Permitting and Reducing Regulatory Burdens For Domestic Manufacturing

Excerpt from report introduction: Federal regulations impose enormous costs on America’s businesses and working families. These costs burden virtually every sector of our economy, although the manufacturing sector is disproportionately hard hit. The direct costs on manufacturing companies were estimated by the National Association of Manufacturers (NAM) to be $138.6 billion as of 2014, though this...

Cut the Red Tape: Eliminating Excessive Regulation To Create Jobs and Growth Listening Session

On Monday, the second of October two thousand and seventeen from 2:00 pm - 3:00 pm in the Department of Commerce Library The Department of Commerce will hold a listening session entitled: Cut the Red Tape Eliminating Excessive Regulation To Create Jobs and Growth A summit hosted by Secretary Wilbur Ross The event is open to the public, and there will be an opportunity for questions, comments, and...

Commerce Department Seeks Comments on Impact of Burdensome Federal Regulations and Construction Permitting Process on Domestic Manufacturing

Secretary of Commerce Wilbur L. Ross, Jr. is asking for input from American manufacturers to learn about the unnecessary burdens manufacturers face from federal permitting and regulatory requirements. This formal request for information (RFI) will help execute President Trump’s memorandum directing the Secretary of Commerce to ask stakeholders for ways to streamline the construction permitting...