Doug Burgum Criticizes Obama-Era Climate Regulations for Costing Consumers Trillions

Doug Burgum has highlighted that the climate policies enacted during the Obama administration have resulted in trillions of dollars in additional costs borne by American consumers. He explained that over the past decade, these regulations have led to increased prices, reducing consumer choices and diverting capital away from productive uses. Burgum advocates for deregulation measures, such as streamlining permitting processes, which can unlock significant economic potential. He emphasized that removing regulatory hurdles aligns with President Trump's economic agenda, which focuses on lower taxes, reduced regulation, and encouraging investment. Recent trade agreements have attracted record foreign direct investment, further boosting the U.S. economy. Burgum concluded that a brighter economic future depends on lower interest rates from the Federal Reserve.