In the lead-up to the general election, then-candidate Donald Trump often repeated campaign promises to massively cut federal regulations that he viewed as stifling business growth and killing jobs. True to his word, in his first 200 days of office President Trump has generally delivered on his promise to stymie new federal regulations, including those impacting the maritime industry. Put simply, the pace of regulatory activity has dropped to historic lows. The question becomes: Is this good or bad for the maritime industry?
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“Regulatory Freeze,” by Jonathan K. Waldron, Joan M. Bondareff, and Sean T. Pribyl was published in the September/October 2017 edition of Maritime Executive. Reprinted with permission.
This article was also featured in Blank Rome’s October 2017 edition of Mainbrace.