Part 4/8:
Deregulation emerged as a cornerstone of the economic strategy, with Faulkender acknowledging its often-overlooked significance. He highlighted how the administration's focus is on dismantling the regulatory barriers imposed during the previous administration, aiming to enhance capital access, fuel energy supply, and allow businesses to concentrate on consumers and products instead of navigating red tape. This, he contends, is essential for fostering a competitive economic environment that can realize the promised potential of tax reforms and trade improvements.