I'm sure the White House is proud it has cut down on regulations thus giving companies a leeway, or wiggle room, to increase their profits. I bet that is worthy of a White House Victory Dance.
Keeping up with regulations is costly. Less \regulations equals more profits = Happy Owners.
However, I think most regulations are/were to protect consumers in health, safety, and finance. But it appears that profit is the bottom line.
Now, aircraft builders probably will not have to put up with those arrogant demanding Federal quality control inspectors, that should save a lot of money.
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