President Donald Trump has vowed to drain the swamp of Washington, D.C. corruption, and cronyism. Some of the worst instances are the regulatory bureaucracies that President Barack Obama created in his efforts to decimate the economy. In order to bring the U.S. economy back to strong growth, Trump needs to eliminate these job-killing regulations.

The Consumer Financial Protection Bureau

This agency was created when Obama signed Dodd-Frank, passed by Congress in 2010, to regulate financial services industries, and it has since gone entirely rogue and out of control.

It attempted to single-handedly shut down and put out of business the entire small-dollar loan industry. We're talking about payday and title loan shops that so many under-banked consumers rely on for their credit needs. The CFPB tried to shut them down entirely with draconian regulations that would have made that business entire unprofitable.

The CFPB routinely fines banks for minor violations of absurd regulations, and the penalty for those violations are fines that must be paid to far-left community organizers groups, the kind that Obama himself was involved with when he worked as a so-called community organizer. This is not just corrupt and scandalous, it is also a severe abuse of government authority to support funding far-left groups with someone else's money.

Only an administration as mendacious as the Obama Regime could come up with something like this.

Even worse, they made the CFPB unaccountable to our elected representatives in Congress, by funding it out of the budget of the independent Federal Reserve. This is really sneaky and illustrates how the far left wanted to create institutionalized and unaccountable liberal Big Government that could not be abolished when Republicans win elections.

This is clear proof this sinister government agency needs to be eliminated.

FDA menu Labeling

This is another small business, and jobs-killing regulation put in place by do-gooder liberal ideologues who think they can control everything better than the rest of us. Under this regulation, the Food and Drug Administration (FDA) will require restaurants to post nutrition info on all the foods they serve, as a considerable expense to smaller restaurants or chains operating as few as 20 locations.

The Office of Management and Budget (OMB) estimates this regulation will require more than 14.5 million hours for compliance and the FDA has delayed implementing this rule twice in six years because it's incredibly complex.

BLM Venting and Flaring Rule

This is a regulation from the Bureau of Land Management (BLM) related to the emissions of methane from wells and pipelines on federal and tribal lands. This is unnecessary because of there already incentives for the oil and gas industry to minimize unnecessary waste. This regulation could cost as much as $1 billion that would ultimately be paid by American consumers. Once again, this is another needless regulation that should immediately be eliminated.

Repeal Obamacare and the entire Obama agenda

Clearly, President Trump and the Republican majorities in both houses of Congress were elected to repeal Obamacare and the rest of the far-left, high tax, big government Obama agenda. That is exactly what Congress needs to be working on. Repeal Obamacare, reform the tax code, and repeal and reverse as much of the Obama agenda as possible.

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