As President-elect Donald Trump’s cabinet takes shape, it will be interesting to see what changes the incoming administration prioritizes.
One of Trump’s most promising new initiatives is the Department of Government Efficiency, or DOGE. Elon Musk and Vivek Ramaswamy have been picked to lead the new commission, and neither has been shy about discussing some of DOGE’s goals. It is quite clear that the federal government has a spending problem and that regulations are out of control.
While the previous Trump administration made headway in slowing the growth rate of federal regulations to a level not seen in at least 50 years, it was not successful in achieving a net reduction in regulations. Perhaps with the DOGE in place, Trump will be more successful in reducing the regulatory state.
It will be interesting to see what emerges in Washington, D.C., but I’ll be even more interested in what comes out of the states in 2025. Republicans continue to hold an advantage in governorships and state legislatures: In 27 states there is a GOP majority in the state legislature and/or a Republican governor.
Continue reading at National Review.
Edward Timmons, PhD, is a senior fellow at the Archbridge Institute and a service associate professor of economics and director of the Knee Regulatory Research Center at the John Chambers School of Business and Economics at West Virginia University. He is regularly asked to provide expert testimony in state legislatures across the US on occupational licensing reform and the practice authority of nurse practitioners. His work is heavily cited by the popular press, and he has authored numerous articles for media publications.
Economics of Flourishing
As President-elect Donald Trump’s cabinet takes shape, it will be interesting to see what changes the incoming administration prioritizes.
One of Trump’s most promising new initiatives is the Department of Government Efficiency, or DOGE. Elon Musk and Vivek Ramaswamy have been picked to lead the new commission, and neither has been shy about discussing some of DOGE’s goals. It is quite clear that the federal government has a spending problem and that regulations are out of control.
While the previous Trump administration made headway in slowing the growth rate of federal regulations to a level not seen in at least 50 years, it was not successful in achieving a net reduction in regulations. Perhaps with the DOGE in place, Trump will be more successful in reducing the regulatory state.
It will be interesting to see what emerges in Washington, D.C., but I’ll be even more interested in what comes out of the states in 2025. Republicans continue to hold an advantage in governorships and state legislatures: In 27 states there is a GOP majority in the state legislature and/or a Republican governor.
Continue reading at National Review.
Edward Timmons
Edward Timmons, PhD, is a senior fellow at the Archbridge Institute and a service associate professor of economics and director of the Knee Regulatory Research Center at the John Chambers School of Business and Economics at West Virginia University. He is regularly asked to provide expert testimony in state legislatures across the US on occupational licensing reform and the practice authority of nurse practitioners. His work is heavily cited by the popular press, and he has authored numerous articles for media publications.
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