WASHINGTON - The president signed an executive order on Tuesday directing federal agencies to increase their deregulatory efforts and ease up on enforcement of existing rules to help the economy recover from the steep downturn caused by the coronavirus pandemic. The order directs agencies to identify rules that could "inhibit" economic recovery and do whatever possible to repeal, waive, or ease the rules for regulated businesses.

The Office of Management and Budget is expected to issue a more detailed memo on how to implement the order in the coming weeks or months.

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