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Saturday, March 28, 2020
HomeNewsEconomyPresident Trump at CPAC: ‘We Are Going to Put the Regulation Industry Out of Work’

President Trump at CPAC: ‘We Are Going to Put the Regulation Industry Out of Work’

President Donald J. Trump speaks at the Conservative Political Action Conference (CPAC) in Maryland on Feb. 24, 2017.
President Donald J. Trump speaks at the Conservative Political Action Conference (CPAC) in Maryland on Feb. 24, 2017.

President Donald J. Trump speaks at the Conservative Political Action Conference (CPAC) in Maryland on Feb. 24, 2017.

Speaking to the Conservative Political Action Conference (CPAC) on Friday, President Donald J. Trump promised to unleash U.S. energy and “put the regulation industry out of work.” The president also said that 75% of existing federal regulations were unnecessary.

“We’re preparing bold actions to lift restrictions on energy production, including shale, oil and clean coal. Miners are going back to work,” he said. We’ve begun a historic program to reduce regulations that are destroying our economy. We are going to put the regulation industry out of work, out of business.”

“And they’re going back to Michigan, they’re going back to Ohio, to Pennsylvania, to Iowa, to Florida,” the president said. “It’s time for all Americans to get off of welfare and go back to work. You’re going to love it.”

Since taking office, President Trump has hosted business leaders at the White House 11 times, as well as labor leaders. He made manufacturing and trade key issues of his campaign and, thus far, business leaders and labor leaders alike have been singing his praise. He has met with business leaders 11 times since taking office.

Dow Chemical (NYSE:DOW) CEO Andrew Liveris said Thursday after the 11th meeting that the Trump administration is “probably the most pro-business administration since the founding fathers.”

He said these businesses are now “opened for business in our country and putting people back to work.”

“We will not stop until the job is done,” he said, adding “we will bring back our jobs and our dreams.”

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PPD Business, the economy-reporting arm of People's Pundit Daily, is "making sense of current events." We are a no-holds barred, news reporting pundit of, by, and for the people.

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