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Obama Orders NCUA, Other Agencies to Review Regulations

Order asks agencies to produce plans for cutting excessive, duplicative regulations within 120 days.

By Claude R. Marx | Updated on July 11, 2011

President Obama on Monday issued an executive order asking the NCUA and other independent regulatory agencies to come up with a plan within 120 days for cutting regulations that are excessive and duplicative.

“I hope you see this as an opportunity to do something big and lasting — to change the ways of Washington,” Obama wrote in a letter to the agencies accompanying the executive order.

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