According to a Thursday Press Statement from the White House, President Trump’s administration has swiftly reversed costly Biden-era regulations, saving American families an estimated $2,100 each by blocking new rules and aggressively cutting existing ones. Biden’s administration imposed nearly $2 trillion in regulatory costs—$21,090 per family of four—primarily through EPA mandates, including emissions reductions and environmental restrictions. Since returning to office, Trump has halted these burdensome policies, saving Americans over $180 billion. His bold deregulatory plan mandates cutting ten old rules for every new one, prioritizing economic growth and domestic energy production.
Key Biden regulations repealed include $870 billion in vehicle emissions mandates, $106 billion in water regulations, and $84 billion in financial reporting requirements. Trump’s rollback of automobile regulations alone is expected to save $1.134 trillion.
Biden’s administration also issued record-breaking regulatory publications, with 107,262 pages of rules in 2024. Additionally, some regulations were deemed excessive, such as a U.S. Postal Service rule requiring specific cremated remains packaging and an FTC mandate on amplifier power ratings.
Trump’s deregulation strategy aims to reduce bureaucratic overreach, lower costs for businesses and consumers, and drive economic expansion, positioning the U.S. for a new era of prosperity.
President Trump addressed this issue on Tuesday at his joint address to Congress:
READ THE FULL PRESS STATEMENT FROM THE WHITE HOUSE:
| FOR IMMEDIATE RELEASE 03/06/25 President Trump’s Deregulation Effort Has Already Saved Families Thousands of Dollars |
| TO: WHITE HOUSE COMMS STAFF FROM: CEA STAFF SUBJECT: PRESIDENT TRUMP SAVES AMERICAN FAMILIES $2,100 EACH BY HALTING COSTLY BIDEN REGULATIONS President Biden piled on nearly $2 trillion in new regulations over his four years in office, dramatically increasing costs for everyday working people and businesses — and left billions of dollars more in proposed rules still in the pipeline. Upon taking office, President Trump immediately blocked these proposed rules and has initiated an aggressive deregulatory agenda that requires substantial cuts in existing regulations for each new agency rule. President Trump is committed to cutting senseless red tape that will lower costs, lead to higher growth, and usher America into its Golden Age.Since returning to office, President Trump has saved Americans over $180 billion, or $2,100 per family of four, by halting proposed Biden-era regulations.The Biden Administration added more than $1.8 trillion, or $21,090 per family of four, in new regulatory costs, far surpassing any other administration on record. 72% of these new regulatory burdens ($1.3 trillion or $15,457 per family of four) were the result of new EPA rules.Rolling back just automobile-related rules will save consumers over $1.134 trillion.In 2024, the Biden Administration set an all-time record by publishing 107,262 pages of final rules, proposed rules, and other public notices in the Federal Register.This stands in stark contrast to President Trump, who recently announced a bold deregulation initiative that requires the elimination of ten existing rules or guidance documents for every new regulation. DetailsNotable regulatory actions by President Trump via executive order include:Halting the creation of new regulations, with a projected cost of $180 billion. The creation of a new 1-in-10-out regulatory budget. Abolishing DEI across agencies. Boosting domestic energy production though eased access to energy resources and improved infrastructure. Among finalized Biden EPA rules, the following edicts were the most expensive: $870 billion: Mandated reductions in greenhouse gas emissions and a 50% reduction in other pollutant emissions from light-duty and medium-duty vehicles for model years 2027 and beyond.$180 billion: Mandated reductions in greenhouse gas emissions in passenger cars and light trucks for model years 2023 and beyond.$106.19 billion: Unnecessary water regulations.$39 billion: Mandated the reduction of nitrogen oxides (NOx) and particulate matter emissions in heavy-duty engines. Other notable costly Biden Administration regulations include: Department of the Treasury$84.1 billion: New mandates that certain entities disclose their beneficial owners to the U.S. Department of the Treasury’s Financial Crimes Enforcement Network (FinCEN).Department of Transportation$45.2 billion: New mandates for increased fuel efficiency in passenger cars and light trucks for model years 2027 and beyond, and increased fuel efficiency for vans and heavy-duty pickups for model years 2030 and beyond.Department of Health and Human Services$43.15 billion: New mandates for Medicare and Medicaid Programs, increased nursing staffing levels in nursing homes, and additional reporting requirements for certain institutional services. $27.77 billion: New Medicaid and CHIP Program mandates Department of Defense$42.26 billion: New mandates to protect Controlled Unclassified Information (CUI) and Federal Contract Information (FCI). In addition to the expensive regulations highlighted above, the Biden Administration also excelled at producing ridiculous regulations: A U.S. Postal Service regulation “requiring mailers to solely use the Cremated Remains shipping supplies provided by the Postal Service when mailing human or animal cremated remains, also referred to as cremains or ashes, domestically or internationally.” A Federal Trade Commission regulation “requiring manufacturers of home audio amplifiers making power-related claims to calculate power output using uniform testing methods to allow consumers to easily compare amplifier sound quality. |