FOX Enterprise’ Jeff Flock speaks with EOS Vitality CEO Joe Mastrangelo on the bringing again manufacturing again to America from China and showcases the corporate’s battery manufacturing line.
EXCLUSIVE – The most important manufacturing affiliation in the US has despatched 10 federal businesses a sequence of coverage suggestions, with the objective of highlighting for the Trump administration “dozens of burdensome and outdated regulations that are driving up costs and undermining manufacturing competitiveness.”
The Nationwide Affiliation of Producers (NAM) mentioned that U.S. producers are spending $350 billion yearly simply to adjust to federal laws alone.
The group, which helps 13 million individuals who make issues in America, mentioned it was serving to reply the decision of President Donald Trump’s Feb. 19 government order outlining the Division of Authorities Effectivity’s “de-regulatory initiative.” Trump instructed company heads to conduct a top-to-bottom evaluation inside 60 days to determine laws that burden small companies, impede personal enterprise and entrepreneurship, and “harm the national interest” by considerably impeding “technological innovation, infrastructure development, disaster response, inflation reduction, research and development, economic development, energy production, land use, and foreign policy objectives.”
AMERICANS WITNESSING CRIPPLING FEDERAL REGULATIONS CAN GO DIRECTLY TO DOGE TO REPORT RED TAPE RULE
NAM President Jay Timmons in Washington, D.C., on Thursday, Sept. 12, 2019. (Andrew Harrer/Bloomberg by way of Getty Photos / Getty Photos)
NAM recognized 44 laws throughout the ten businesses that the producers group mentioned Trump ought to think about revising or rescinding.
The hassle is a part of suggestions to Congress and the administration “to implement a comprehensive manufacturing strategy that includes making the 2017 tax reforms permanent and expediting permitting reform to unleash American energy,” in response to the manufacturing affiliation.
“In other words: when manufacturing wins, America wins,” the letter says.
“Rebalancing regulations is a critical pillar of our comprehensive manufacturing strategy— which also includes making the 2017 tax reforms permanent, expediting permitting reform to unleash American energy, strengthening the manufacturing workforce and implementing commonsense trade policies,” NAM President and CEO Jay Timmons mentioned in a press release. “Manufacturers are spending $350 billion each year just to comply with federal regulations – money that could be spent on expanding factories and production lines, hiring new workers or raising wages.”
“The administration is already answering the calls of manufacturers across the country to reconsider and rebalance regulations that are holding manufacturers back,” Timmons added. “Using these recommendations as a guidepost, manufacturers look forward to continuing to work with the administration to fix rules that cost too much, trap projects in red tape, chill investment, do not make sense and harm the 13 million men and women who make things in the United States.”
President Donald Trump speaks throughout a Cupboard assembly on the White Home on April 10, 2025, in Washington, D.C. (Anna Moneymaker/Getty Photos / Getty Photos)
The group recognized a number of Biden-era insurance policies it attributes to driving up compliance prices.
US ECONOMY TO LOSE NEARLY 6 MILLION AMERICAN JOBS, $1.1T IN GDP IF CONGRESS LETS TRUMP TAX CUTS EXPIRE: STUDY
In its letter to Vitality Secretary Chris Wright, NAM mentioned the outgoing Biden administration in December 2024 “finalized a multi-volume study updating the DOE’s understanding of the potential effects of U.S. liquefied natural gas exports,” and people up to date research “included misleading and incomplete conclusions based on flawed and missing data.”
NAM Managing Vice President of Coverage Charles Crain urged the Division of Vitality to reissue “new, accurate studies that reflect the true economic impact of LNG exports with a determination that LNG exports are in the public interest.” Crain mentioned U.S. producers “have been leading the global competition to build the necessary infrastructure to expand the production of and export American energy, including LNG.”
“The boom in U.S. natural gas has created tens of thousands of jobs, made the U.S. and its allies more energy secure and less reliant on adversarial nations like Russia, opened up a vital new source to address global energy poverty and helped reduce U.S. emissions by roughly 20% since 2005,” Crain wrote.
An individual fishes with the offshore oil and fuel platform Esther within the distance on Jan. 5, 2025, in Seal Seashore, California. President Joe Biden completely banned future offshore oil and fuel drilling in over 625 million acres of federal waters the following (Mario Tama/Getty Photos / Getty Photos)
One of many suggestions to Inside Secretary Doug Burgum was to reverse the ban on offshore oil and fuel leasing.
On Jan. 6, 2025, the Biden administration withdrew greater than 625 million acres of the Outer Continental Shelf from future oil and pure fuel leasing, together with your entire U.S. Pacific and Jap Atlantic coasts, the Jap Gulf of America, and the rest of the Northern Bering Sea Local weather Resilience Space off the shore of Alaska.
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“By limiting access to America’s abundant oil and natural gas resources, this action undermined efforts to secure American energy dominance; if not fully reversed, it could have significant consequences on manufacturers’ access to the energy resources needed to power the U.S. economy,” Crain wrote.
NAM instructed EPA administrator Lee Zeldin that most of the Biden administration’s “burdensome and unworkable” laws have been issued by the company he now controls. The producers’ affiliation mentioned the U.S. “does not have to choose between economic development and protecting the environment and public health—we can do both.”
