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Bob Keener, 617-610-6766, bkeener@asbcouncil.org
In advance of President Trump's speech on Monday to preview the Administration's Regulatory Agenda, the American Sustainable Business Council (ASBC) released the following statement disputing the fundamental assumption that deregulation is needed to grow the economy. This may be attributed to Richard Eidlin, Co-founder and Vice President of Policy and Campaigns.
WASHINGTON - In advance of President Trump's speech on Monday to preview the Administration's Regulatory Agenda, the American Sustainable Business Council (ASBC) released the following statement disputing the fundamental assumption that deregulation is needed to grow the economy. This may be attributed to Richard Eidlin, Co-founder and Vice President of Policy and Campaigns.
"The Trump Administration is wrong that less regulation is needed for economic growth. Its deregulation campaign in the name of 'economic growth' ignores how the economy really works. The approach is misleading, rife with exaggeration, and potentially devastating to the long-term sustainability of our economy.
"Over-regulation was not the problem that led to banks creating the mortgage crisis, that in turn resulted in the loss of 200,000 small businesses and 8.7 million jobs throughout the United States. Numerous businesses, whole sectors of the economy, and individual citizens should not be made to bear the costs of certain companies that make decisions based on short-term profits above all else.
"Regulations create certainty and a level playing field for all businesses. Uncertainty about a healthy environment, healthy employees, and or a healthy economy on the other hand, makes it difficult for businesses to invest in innovation and the future.
"The Trump Administration's deregulation approach based on the arbitrary benchmark of eliminating '2 existing regulations for every 1 new regulation' is an ill-conceived and will not achieve meaningful regulatory reform. Placing focus solely on the costs of compliance instead of the benefits to society contradicts the goals of many of the laws that enable these regulations.
"Most businesses agree that not all regulations are good, or well-crafted, or sensibly enforced. There are bad ones, and we need to fix these. But, the Trump administration is taking a chainsaw to surgery, and in the process, is cutting the U.S. economy off at the knees."
The Office of Management and Budget has reported in the past that a decade of major federal rules produced annual benefits to the U.S. economy of between $193 billion and $800 billion, yet impose aggregate costs of only 10-30 percent of that. Benefits of regulations include:
The American Sustainable Business Council (ASBC) advocates for policy change and informs business owners, policymakers and the public about the need and opportunities for building a vibrant, broadly prosperous, sustainable economy. Founded in 2009, its membership represents over 250,000 businesses in a wide range of industries.
(202) 660-1455"We've got the FBI patrolling the streets." said one protester. "We've got National Guard set up as a show of force. What's scarier is if we allow this."
Residents of Washington, DC over the weekend demonstrated against US President Donald Trump's deployment of the National Guard in their city.
As reported by NBC Washington, demonstrators gathered on Saturday at DuPont Circle and then marched to the White House to direct their anger at Trump for sending the National Guard to Washington DC, and for his efforts to take over the Metropolitan Police Department.
In an interview with NBC Washington, one protester said that it was important for the administration to see that residents weren't intimidated by the presence of military personnel roaming their streets.
"I know a lot of people are scared," the protester said. "We've got the FBI patrolling the streets. We've got National Guard set up as a show of force. What's scarier is if we allow this."
Saturday protests against the presence of the National Guard are expected to be a weekly occurrence, organizers told NBC Washington.
Hours after the march to the White House, other demonstrators began to gather at Union Station to protest the presence of the National Guard units there. Audio obtained by freelance journalist Andrew Leyden reveals that the National Guard decided to move their forces out of the area in reaction to what dispatchers called "growing demonstrations."
Even residents who didn't take part in formal demonstrations over the weekend managed to express their displeasure with the National Guard patrolling the city. According to The Washington Post, locals who spent a night on the town in the U Street neighborhood on Friday night made their unhappiness with law enforcement in the city very well known.
"At the sight of local and federal law enforcement throughout the night, people pooled on the sidewalk—watching, filming, booing," wrote the Post. "Such interactions played out again and again as the night drew on. Onlookers heckled the police as they did their job and applauded as officers left."
Trump last week ordered the National Guard into Washington, DC and tried to take control the Metropolitan Police, purportedly in order to reduce crime in the city. Statistics released earlier this year, however, showed a significant drop in crime in the nation's capital.
"Why not impose more sanctions on [Russia] and force them to agree to a cease-fire, instead of accepting that Putin won't agree to one?" asked NBC's Kristen Welker.
US Secretary of State Marco Rubio on Sunday was repeatedly put on the spot over the failure of US President Donald Trump to secure a cease-fire deal between Russia and Ukraine.
Rubio appeared on news programs across all major networks on Sunday morning and he was asked on all of them about Trump's summit with Russian President Vladimir Putin ending without any kind of agreement to end the conflict with Ukraine, which has now lasted for more than three years.
During an interview on ABC's "This Week," Rubio was grilled by Martha Raddatz about the purported "progress" being made toward bringing the war to a close. She also zeroed in on Trump's own statements saying that he wanted to see Russia agree to a cease-fire by the end of last week's summit.
"The president went in to that meeting saying he wanted a ceasefire, and there would be consequences if they didn't agree on a ceasefire in that meeting, and they didn't agree to a ceasefire," she said. "So where are the consequences?"
"That's not the aim of this," Rubio replied. "First of all..."
"The president said that was the aim!" Raddatz interjected.
"Yeah, but you're not going to reach a cease-fire or a peace agreement in a meeting in which only one side is represented," Rubio replied. "That's why it's important to bring both leaders together, that's the goal here."
RADDATZ: The president went in to that meeting saying he wanted a ceasefire and there would be consequences if they didn't agree on a ceasefire in that meeting, and they didn't agree to a ceasefire. So where are the consequences?
RUBIO: That's not the aim
RADDATZ: The president… pic.twitter.com/fuO9q1Y5ze
— Aaron Rupar (@atrupar) August 17, 2025
Rubio also made an appearance on CBS' "Face the Nation," where host Margaret Brennan similarly pressed him about the expectations Trump had set going into the summit.
"The president told those European leaders last week he wanted a ceasefire," she pointed out. "He went on television and said he would walk out of the meeting if Putin didn't agree to one, he said there would be severe consequences if he didn't agree to one. He said he'd walk out in two minutes—he spent three hours talking to Vladimir Putin and he did not get one. So there's mixed messages here."
"Our goal is not to stage some production for the world to say, 'Oh, how dramatic, he walked out,'" Rubio shot back. "Our goal is to have a peace agreement to end this war, OK? And obviously we felt, and I agreed, that there was enough progress, not a lot of progress, but enough progress made in those talks to allow us to move to the next phase."
Rubio then insisted that now was not the time to hit Russia with new sanctions, despite Trump's recent threats to do so, because it would end talks all together.
Brennan: The president told those European leaders last week he wanted a ceasefire. He went on television and said he would walk out of the meeting if Putin didn't agree to one, he said there would be severe consequences if he didn’t agree to one. He spent three hours talking to… pic.twitter.com/2WtuDH5Oii
— Acyn (@Acyn) August 17, 2025
During an appearance on NBC's "Meet the Press," host Kristen Welker asked Rubio about the "severe consequences" Trump had promised for Russia if it did not agree to a cease-fire.
"Why not impose more sanctions on [Russia] and force them to agree to a cease-fire, instead of accepting that Putin won't agree to one?" Welker asked.
"Well, first, that's something that I think a lot of people go around saying that I don't necessarily think is true," he replied. "I don't think new sanctions on Russia are going to force them to accept a cease-fire. They are already under severe sanctions... you can argue that could be a consequence of refusing to agree to a cease-fire or the end of hostilities."
He went on to say that he hoped the US would not be forced to put more sanctions on Russia "because that means peace talks failed."
WELKER: Why not impose more sanctions on Russia and force them to agree to a ceasefire, instead of accepting that Putin won't agree to one?
RUBIO: Well, I think that's something people go around saying that I don't necessarily think is true. I don't think new sanctions on Russia… pic.twitter.com/GoIucsrDmA
— Aaron Rupar (@atrupar) August 17, 2025
During the 2024 presidential campaign, Trump said that he could end the war between Russian and Ukraine within the span of a single day. In the seven months since his inauguration, the war has only gotten more intense as Russia has stepped up its daily attacks on Ukrainian cities and infrastructure.
"I had to protect my life and my family... my truck was shot three times," said the vehicle's driver.
A family in San Bernardino, California is in shock after masked federal agents opened fire on their truck.
As NBC Los Angeles reported, Customs and Border Protection (CPB) agents on Saturday morning surrounded the family's truck and demanded that its passengers exit the vehicle.
A video of the incident filmed from inside the truck showed the passengers asked the agents to provide identification, which they declined to do.
An agent was then heard demanding that the father, who had been driving the truck, get out of the vehicle. Seconds later, the agent started smashing the car's windows in an attempt to get inside the vehicle.
The father then hit the gas to try to escape, after which several shots could be heard as agents opened fire. Local news station KTLA reported that, after the father successfully fled the scene, he called local police and asked for help because "masked men" had opened fire on his truck.
Looks like, for the first time I'm aware of, masked agents opened fire today, in San Bernardino. Sources posted below: pic.twitter.com/eE1GMglECg
— Eric Levai (@ericlevai) August 17, 2025
A spokesperson for the Department of Homeland Security (DHS) defended the agents' actions in a statement to NBC Los Angeles.
"In the course of the incident the suspect drove his car at the officers and struck two CBP officers with his vehicle," they said. "Because of the subjects forcing a CBP officer to discharge his firearm in self-defense."
But the father, who only wished to be identified as "Francisco," pointed out that the agents refused to identify themselves and presented no warrants to justify the search of his truck.
"I had to protect my life and my family," he explained to NBC Los Angeles. "My truck was shot three times."
His son-in-law, who only wished to be identified as "Martin," was similarly critical of the agents' actions.
"Its just upsetting that it happened to us," he said. "I am glad my brother is okay, Pop is okay, but it's just not cool that [immigration enforcement officials are] able to do something like that."
According to KTLA, federal agents surrounded the family's house later that afternoon and demanded that the father come out so that he could be arrested. He refused, and agents eventually departed from the neighborhood without detaining him.
Local advocacy group Inland Coalition for Immigrant Justice said on its Instagram page that it was "mobilizing to provide legal support" for the family.