George Hani was quoted regarding the outlook for Treasury regulations following an executive order from President Trump restricting regulations and subsequent guidance from the Office of Management and Budget (OMB). The language in the memo scales the order's immediate application back to only those regulations that are significant regulatory actions, making the treatment of tax regulations unclear. "If the view of Treasury regulations continues as it has been, and ['significant regulatory action'] is the definition that applies to this 2-for-1 rule, then it seems to me that tax regulations are not subject to this," Hani said, but added it is possible the administration will reconsider the breadth of the OMB memorandum, because Republican House members and the Trump administration generally favor restraining government action. "If instead you view Treasury regulations as an important guidance tool for the public so that in the long run people are not clogging up the courts with disputes, and these are things taxpayers need so they know how to comply with the tax laws," he said, "then you could view tax regulations as something that is helpful for business."