On the first day of President Trump’s term, a regulatory freeze was issued affecting government agencies, including HUD. On Monday of this past week, the Trump Administration went one step further, issuing an executive order that requires agencies to rescind two regulations for every one new regulation implemented. Furthermore, the Executive Order requires that the cost of any new regulation must be offset by the rescinded regulations.
The freeze pertains to any proposed regulations, which must now receive approval from a Trump-appointed department or agency head. Furthermore, for regulations already published in the Federal Register but not yet in effect, the freeze temporarily postpones implementation for 60 days from January 20, 2017.
