President Donald Trump and the Department of Government Efficiency have made great headway in slashing regulations, but this work could be short-lived unless Congress makes these changes permanent.
For 40 years, the Chevron doctrine, also known as Chevron deference after a 1984 Supreme Court decision, has empowered the administrative state to extend the power of the federal government further and further over the lives of Americans. This made doing business in the United States extremely difficult and has cost our economy as a whole a fortune.
Regulatory costs skyrocketed under the Biden-Harris administration. In just four years, federal agencies reported that the cumulative total of the cost for individuals and businesses to comply with regulations under the administration added up to more than $1.8 trillion.
Even more egregious, in 2024, federal agencies…
