“In a few minutes, I will sign an executive order instructing federal agencies to use any and all authority to waive, suspend, and eliminate unnecessary regulations that impede economic recovery. And we want to leave it that way. We want to leave it that way. In some cases, we won’t be able to, but in other cases, we will.

And you’ve heard me say many times — I’ve said and I’ve said it very strongly that regulations — we’ve done more regulation cutting than any President in history, whether they’re there for four years, eight years, or, in one case, more. We’ve done more regulation cutting — I don’t mean just in a year or two years. I mean in the three and a half years that we’ve been here, we’ve cut far more regulations by a factor of a lot than any other administration, any other presidency. So that’s really something.

I’m directing agencies to review the hundreds of regulations we’ve already suspended in response to the virus and make these suspensions permanent where possible. I’m also instructing agencies to use the emergency authorities to speed up regulation cuts or new rules that will create jobs and prosperity and get rid of unnecessary rules and regulations.”