Apr 25, 08:03 PM

Republicans Repeal Seven Biden Regulations Including Energy, Crypto Rules and Cut Consumer Financial Protection Bureau Funding

In their first 100 days holding a bicameral majority in Congress, Republicans have repealed seven regulations implemented under President Joe Biden, primarily targeting energy-related rules. These repeals aim to reduce burdens on producers and lower consumer prices. Additionally, Republicans have canceled several cryptocurrency and financial regulations introduced during the Biden administration. A leaked budget proposal reveals plans for major restructuring of federal health and safety agencies, including the Consumer Product Safety Commission. The House Republican budget reconciliation bill also proposes deep cuts to financial regulators, notably slashing the funding cap of the Consumer Financial Protection Bureau. These actions collectively represent a broad rollback of Biden-era regulatory policies across multiple sectors.