The Executive Order titled "Ensuring Lawful Governance and Implementing the President's 'Department of Government Efficiency' Deregulatory Initiative" seeks to review and potentially rescind federal regulations that are unconstitutional, poorly justified by laws, or hinder the national interest. It mandates federal agencies to assess their regulations for legality and alignment with administration goals, especially focusing on reducing unnecessary burdens and promoting innovation. Agencies will then report these assessments and potentially modify regulations. This order does not affect national security, foreign affairs, or employee management and does not create legal rights against the government.
Simple Explanation
The government wants to check its rules to make sure they are really needed and not too confusing, but it's important that they don't make changes too quickly or without thinking about how it might cause problems.