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In ‘energy transfer’ over unbiased companies,…
Administrative Legislation
In ‘energy transfer’ over unbiased companies, Trump calls for evaluation of proposed rules
February 21, 2025, 9:47 am CST
President Donald Trump issued an government order Tuesday that requires all companies to submit proposed rules to the White Home for evaluation, with no carve-out for unbiased companies. (Picture from Shutterstock)
President Donald Trump issued an government order Tuesday that requires all companies to submit proposed rules to the White Home for evaluation, with no carve-out for unbiased companies.
The Feb. 18 government order applies to “so-called unbiased companies,” such because the Federal Commerce Fee. the Federal Communications Fee, and the Securities and Trade Fee, in keeping with a White Home truth sheet. The one company not totally included within the mandate is the Federal Reserve, which nonetheless has the ability to make choices about financial coverage.
The order additionally provides the Workplace of Administration and Price range the ability to regulate funding for the companies based mostly on presidential priorities. It additionally states {that a} president and the U.S. legal professional normal will interpret the legislation for the companies.
Legislation.com, Law360 and the New York Instances have tales.
“It is a energy transfer over unbiased companies, a construction of administration that Congress has used for varied features going again to the Eighteen Eighties,” stated Peter M. Shane, a authorized scholar in residence on the New York College Faculty of Legislation, in an interview with the New York Instances.
In response to the New York Instances, the manager order and Trump’s firings of unbiased company leaders “represent a significant entrance within the president’s assault on the essential form of the American authorities and his effort to grab a few of Congress’ constitutional energy over it.”
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