U.S. Republican presidential nominee Donald Trump said as many as 70 percent of federal agency regulations could be eliminated if he is elected in November, just hours after an adviser said the candidate would seek to cut 10 percent.
Trump, who blamed regulations for stifling business, told a crowd at a town hall event in New Hampshire on Thursday night that regulations for the environment and safety would remain.
"We are cutting the regulation at a tremendous clip. I would say 70 percent of regulations can go," Trump said. "It's just stopping businesses from growing."
Earlier in the day during an online discussion with Reuters, Trump campaign adviser Anthony Scaramucci, a Wall Street financier who has raised campaign money for Trump, said Trump would eliminate 10 percent of regulations.
"We need regulation but immediately every agency will be asked to rate the importance of their regulations and we will push to remove 10 percent of the least important," he said.
Another Trump campaign adviser reached by Reuters confirmed the 10 percent regulatory cut was part of their economic plan.
Jeff Holmstead, a former assistant administrator for the Environmental Protection Agency under George W. Bush's presidency, said the goal was hard to comprehend.
"You could reduce the number of regulations by 10 percent without accomplishing very much," he said.