Trump Said to Provide Update on His 2-for-1 Deregulation Program

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(Bloomberg) -- U.S. President Donald Trump will provide an update on his drive to curb and scale back regulations at a White House event Thursday, according to an administration official.

Trump, just days after taking office last January, signed a directive ordering his department heads to kill two regulations for each new one they issue and to cap the costs of new rules. He has vowed to slash unnecessary, "job-killing" rules across the federal government.

The 2:30 p.m. event is to be held in the Roosevelt Room at the White House. His progress report comes as the administration gets ready to release a study on the burden of regulations on businesses and taxpayers.

Related: Regulation-Killing Push Falls Short of White House Boasts

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