(VOVworld) – Republican presidential nominee Donald Trump said as many as 70 percent of federal agency regulations could be eliminated if he is elected in November.

Republican presidential nominee Donald Trump

This is considered part of Trump’s strategy to promote growth.  Donald Trump, who was speaking at an event in New Hampshire, blamed regulations for stifling business but said rules on safety and the environment could stay. Trump’s statement was released just hours after his campaign adviser Anthony Scaramucci, a Wall Street financier, said that every agency would be asked to rate the importance of their regulations and they will push to remove 10% of the least important. Mr Scaramucci also pointed to some areas that Mr Trump is considering either reforming or cutting.