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Federal regulations are a costly, overreaching web which stifles innovation, germinates uncertainty, and often burdens the very people they purport to protect. Regulatory overreach by the Obama and Biden administrations extended well beyond congressional intent – creating the potential to upend industry. I have continually worked to rein in this unchecked rulemaking and restore accountability to federal agencies, and I appreciate the progress we have made since January. President Trump’s day-one executive order, which required ten regulations be eliminated for every new one issued, set the tone for his administration, and I am pleased with the progress made in addressing numerous problematic regulations since then.