Deregulating For Dollars: How Trump’s Anti-Regulation Agenda Could Boost His Own Pocketbook

Source: David N. Cicilline and Rick Claypool, Public Citizen, October 11, 2017

From the introduction:
…. This report highlights six examples of cases in which President Trump’s business interests could benefit from his administration’s plans to dismantle public protections. Gutting these protections – the Environmental Protection Agency’s Clean Water Rule and ban on brain-damaging pesticide chlorpyrifos, the Department of Labor’s overtime rule, the National Labor Relations Board’s “joint employer” rule, the Equal Employment Opportunity Commission’s pay transparency rule and the Department of Homeland Security’s cap on H-2B visa workers — could benefit the Trump Organization. At the same time, these rollbacks would harm low- and middle-income Americans, many of whom supported his candidacy.

The report also provides nine additional examples off anti-corruption restrictions, consumer protections and worker protections that could be rolled back under Trump, to the potential benefit of his companies. It also notes Trump’s potential conflicts of interest relating to an affordable housing program from which he and his family profit and details how Trump could benefit from restrictions on class action lawsuits and tax cuts to benefit corporations and the rich.

At issue are not only the direct monetary gains that Trump may garner from deregulatory moves. His ongoing ownership of a wide range of business interests can’t help but color his approach to regulatory policy, as it relates both to specific rules and broad policy considerations.

The stakes are high. Trump’s deregulatory agenda will result in more workers facing injuries and discrimination, more consumers ripped off and more pollution accelerating climate change and poisoning our air and water. The more Trump’s deregulatory agenda is realized, the more the costs will be borne by the American public. ….