The order directs the transportation secretary to eliminate outdated, redundant, or overly restrictive rules for commercial rocket launches and reentries.
The Biden-era order stated that a pattern of corporate abuses, particularly large mergers or ‘monopolies,’ were raising costs for consumers in several sectors.
Resolutions pausing a profit cap and refinery restrictions imposed under a 2023 law are tabled to allow ’more time for public input,' an official said.
The order is part of a push to reduce U.S. dependency on adversary nations for key raw materials needed to make medicines, according to the White House.