We applaud President Trump’s signing of an executive order on regulatory reform today.
The order, signed Feb. 24, authorizes the creation of a task force and regulatory reform officer at each federal agency to examine already passed legislation and see which ones can be repealed or altered.
Shannon Meade, our director of labor and workforce policy, said, “The restaurant industry, the second-largest private sector employer in the country, has been hampered by burdensome regulations and government overreach that make it hard for restaurants to create jobs and expand. We believe the President’s new regulatory reform task forces will be a great step in curbing overregulation.”
The cumulative regulatory burden on restaurants — including the impact of the Affordable Care Act, plus the Department of Labor’s proposed changes to the overtime rule and the joint-employer standard — have made it increasingly difficult for restaurant companies to continue to profit and grow.