Hogan Lovells 2024 Election Impact and Congressional Outlook Report
Since President Donald Trump was sworn in on January 20, the Trump administration has taken several actions that will affect the regulation of the food and agriculture industries domestically, as well as potential trade opportunities for these industries internationally.
First, on January 20, White House Chief of Staff Reince Priebus issued a memorandum to the heads of all executive departments and agencies issuing a freeze on new or pending regulations (“Priebus Memorandum”). As described in more detail below, the effect of the freeze on regulations that have already been published in the Federal Register is limited to those that have not yet become effective (usually 60 days after publication), rather than those for which the compliance deadline has not yet been reached. The number of existing rules affected by the memorandum that would affect the food and agricultural industries, therefore, is rather limited because most of them were published in 2016 and have already become effective.
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Authored by Joe Levitt, Leigh Barcham, and Jonathan Stoel.