NAM seeks overhaul of 44 rules to boost US manufacturing
NAM's proposals aim to eliminate outdated or overly burdensome regulations imposed by the Environmental Protection Agency, Federal Trade Commission, Department of Labor, Department of Energy, and others. The association contends that these rules are driving up operational costs and hampering US manufacturing competitiveness.
The NAM has urged US agencies to revise or repeal 44 costly regulations under Executive Order 14219, aiming to boost manufacturing by removing outdated rules. The move builds on earlier industry calls and follows actions like lifting the LNG export ban and revising EPA rules. EO 14219 mandates a 60-day review of rules that hinder growth, innovation, or small businesses.
This initiative builds on a December 2024 letter to the administration, co-signed by over 100 manufacturing bodies, and follows recent government actions including the lifting of the liquefied natural gas export ban, the repeal of SEC Staff Legal Bulletin 14L, and plans to revise EPA's PM2.5 and Power Plants regulations, NAM said in a release.
Executive Order 14219, issued on February 19, 2025, directs agencies to identify, within 60 days, any regulations that exceed statutory authority, impose high costs without proportional benefits, or obstruct R&D, innovation, or economic progress. Note: The headline, insights, and image of this press release may have been refined by the Fibre2Fashion staff; the rest of the content remains unchanged.
Fibre2Fashion News Desk (HU)
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