• Executive Order 13771

    One of the overlooked stories of the Trump Administration has been the absence of regulatory activity impacting out of home companies, or other industries for that matter.  The reason is Executive order 13771.  The order was issued on January 30, 2017.  Here are the key points:

    • Any executive department or agency which publicly proposes a new regulation shall identify at least two existing regulations to be repealed.
    • The cost of the new regulation must be offset by the cost savings from repealing the two prior regulations.

    Insider’s take:  This rule seems to be having an effect on federal agencies.  As an example, look at FCC Commissioner Michael O’Rielly’s post on modernizing FCC Media ownership rules.  And yesterday the FCC eliminated the requirement that every AM or FM radio license holder must maintain a main studio in or near its community of license.  Insider is watching OSHA and the Federal Highway Administration to see how this plays out there with respect to out of home advertising.  There have got to be some outdated regulations which deserve to be eliminated.

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