The memorandum from Ronald A. Klain, Assistant to the President, instructs executive departments and agencies to halt issuing new regulations until they are reviewed and approved by President Biden's appointees. It also suggests withdrawing rules sent to the Federal Register that haven't been published and postponing the effective dates for published rules not yet in effect for 60 days to allow for further review. Exceptions are allowed for urgent matters related to health, safety, or national security. The Office of Management and Budget (OMB) Director will oversee this process and handle any notifications regarding exclusions to the freeze.
Simple Explanation
The President's helper, Mr. Klain, told the government's rule-makers to pause making new rules until the new team checks them out, unless it's super urgent for safety. They might hit a few bumps along the way, like not knowing how fast things need to happen or what counts as an emergency.