• By The Financial District

BIDEN TO QUICKLY ROLL BACK TRUMP’S ‘MIDNIGHT REGULATIONS’

The Biden administration will take swift action when it assumes office on Jan. 20 to roll back harmful Trump administration policies that have not taken effect by Inauguration day, a spokeswoman for President-elect Joe Biden’s transition team said.

“The Biden-Harris White House will issue a memo to take effect afternoon Eastern Time on January 20 that will halt, or delay, midnight regulations,” Jen Psaki told a news conference, Trevor Hunnicutt reported for Reuters.


Psaki gave as an example an expected Department of Labor rule that would make it easier for companies to call their workers independent contractors to avoid minimum wage and overtime protections.


“If it takes effect, that rule will make it easier to misclassify employees as independent contractors, costing workers more than $3.7 billion annually,” she said.


“The memo would potentially freeze this rule and not allow it to be implemented.”


Psaki also told the briefing that more Cabinet-level nominations could be expected from the Biden camp in the next week, but not before the new year, and she repeated complaints that the outgoing Trump administration has failed to cooperate with the transition team.


She said such lack of cooperation could delay production of a federal budget. Key Cabinet nominations still pending from the Biden camp include those for attorney general and labor secretary.



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