Deregulating for Dollars: How Donald Trump’s Reckless Anti-Regulation Agenda Could Boost His Own Pocketbook
Oct. 11, 2017 — President Donald Trump’s deregulatory agenda could boost the bottom line of his businesses, and in some instances, Trump’ financial interests are directly at odds with protecting the public, this new Public Citizen report shows.
Among the rules where President Trump has a potential financial interest in deregulation are:
- U.S. Environmental Protection Agency rules to protect Americans’ drinking water and ban chlorpyrifos, a toxic pesticide.
- U.S. Department of Labor rules to expand overtime pay and strengthen the rights of workers employed through staffing firms and contractors.
- The Equal Employment Opportunity Commission’s collection of pay data to identify and resolve discriminatory pay practices.
- The Department of Homeland Security’s cap on the number of foreign nationals who can be employed in the U.S. through the H-2B visa program.
The conflicts of interest stem from President Trump’s refusal to divest from his business empire before taking office. Instead, Trump maintains his ownership stake in his businesses, setting the stage for unprecedented opportunities for the president to profit by wiping out protections.