🇺🇸 Businesses grow faster when they spend less time filling forms and more time building stuff. Scott Bessent says the admin cut 129 old rules for every new one last year, way past the ten-for-one promise. Some of that count is memos and guidance, not giant rulebooks getting to
Why now
Thesis: Deregulation narrative supports business sentiment
Catalyst to watch: Formal rule removals or court challenges
Main risk: Count inflated by memos, real impact limited
Why it matters
Deregulation claims could reduce compliance costs, though counting memos inflates the figure.
Details
🇺🇸 Businesses grow faster when they spend less time filling forms and more time building stuff. Scott Bessent says the admin cut 129 old rules for every new one last year, way past the ten-for-one promise. Some of that count is memos and guidance, not giant rulebooks getting tossed, so the number looks bigger than the actual paperwork disappearing. The bet is simple though. Make it easier to hire and expand, and the economy should feel it. Writer: Lucas
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- x · 2026-09-25 03:15 UTC