With the transfer of the Presidency of the United States now behind us, the ASCDI would like to renew our commitment to working with the US government in support of initiatives which promote choice and growth in our industry, data privacy for users and protection of our environment for our planet.
For your reference, the incoming Biden Administration’s list of Executive Orders and actions may be reviewed here. These actions vary but a couple that stand out are:
- Agencies are to “pause any new regulations from moving forward and give the incoming Administration an opportunity to review any regulations that the Trump Administration tried to finalize in its last days.” All agencies will confer with the Director of OMB before renewing any regulatory activity. “This action will allow the Biden Administration to prevent any detrimental so-called “midnight regulations” from taking effect, while ensuring that urgent measures in the public’s interest can proceed.”
- The other action to note will provide some financial relief during COVID. The President is directing various agencies involved in housing and school loan repayment to consider extending moratoria on evictions and home loan foreclosures and repayment of federal school loans.
As we learn more about the impact on regulations and the heads of agencies that effect our industry, we will keep you apprised.