How Trump’s Regulatory Rollbacks Are Increasing Costs on Americans

But many of those regulatory reversals will actually pile more costs on to individual Americans in the form of higher bank fees, electric and water bills, and health insurance payments, according to experts and government analyses. The New York Times examined 10 of the largest claims on the leaderboard and concluded that several did not show evidence of savings to households.

The leaderboard, for instance, claims that the Energy Department’s proposals to reverse 16 efficiency standards on appliances like dishwashers and microwaves will save Americans a combined $4 billion. But government scientists’ own accounting says that appliance efficiency standards saved the average American household about $576 in 2024 on water and gas bills.

“This is just taking money from households and transferring it to banks and credit card companies, and to water and power utility companies,” said Steve Cicala, co-director of the National Bureau of Economic Research’s Project on the Economic Analysis of Regulation. “It means Americans will pay the costs in higher household bills.”

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Even appliance manufacturers say they don’t want the standards rolled back, and that doing so could raise costs for both consumers and manufacturers.

“By removing federal standards, we’re looking at states developing their own standards for these products, where we could be looking at a number of conflicting or state standards, and that’s where we have concerns,” said Jill Notini, a spokeswoman for the Association of Home Appliance Manufacturers.

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Greenbeard said:

A DOGE story that has everything.

Increased costs for consumers in an attempt to benefit industry as DOGE/Trump eliminates consumer protections and efficiency standards.

Completely fabricated "savings" numbers for DOGE's bogus Wall of Receipts.

And new inefficiencies as even industry dreads the lost of a uniform federal standard.

How Trump’s Regulatory Rollbacks Are Increasing Costs on Americans



The legacy of the DOGE locusts will not be a happy one.

Click to expand...

Greenbeard said:

A DOGE story that has everything.

Increased costs for consumers in an attempt to benefit industry as DOGE/Trump eliminates consumer protections and efficiency standards.

Completely fabricated "savings" numbers for DOGE's bogus Wall of Receipts.

And new inefficiencies as even industry dreads the lost of a uniform federal standard.

How Trump’s Regulatory Rollbacks Are Increasing Costs on Americans



The legacy of the DOGE locusts will not be a happy one.

Click to expand...