- President Donald Trump held a deregulation event on Thursday.
- He stood next to huge piles of paper and cut red tape.
President Donald Trump concluded a press conference about his administration's progress on cutting regulation on Thursday by standing in front of a massive stack of papers and cutting a literal band of red tape.
After speaking to reporters about the number of regulations he has eliminated and how the cuts would advance his agenda, the president moved over to a stack of paper taller than he is, signifying the number of regulations that exist at the federal level today. Crossing the enormous pile was a ribbon of red tape.
This red tape was crucial to Trump's message on deregulation, and a tweet he sent soon after his statements highlighted this element of the process conference.
"Today, we gathered in the Roosevelt Room for one single reason: to CUT THE RED TAPE!" Trump wrote. "For many decades, an ever-growing maze of regs, rules, and restrictions has cost our country trillions of dollars, millions of jobs, countless American factories, & devastated entire industries."
Here are some photos and a video from the event: