President Trump recently signed an executive order requiring every federal agency to establish a “Regulatory Reform Task Force” to eliminate what he considers to be unnecessary and burdensome regulations hampering the American economy.
His action follows a meeting he had with what is known as the Business Roundtable, a conservative coalition of management executives formed to promote pro-business public policy. From the gist of that meeting, it appears that a number of workplace regulations could be on the chopping block.
The seven regulations singled out by the Business Roundtable are:
- Affordable Care Act (ACA) Employer Reporting Requirements
- EEOC Wellness Program Rules
- ACA Excise Taxes
- Overtime Regulations
- Fair Pay And Safe Workplaces Executive Order (EO 13673)
- EEOC’s Revised Employment Information Report
- CEO Pay Ratio Disclosure