President Donald Trump on Monday signed an executive order requiring that for every new federal regulation, two existing regulations must be removed.

"This will be the largest ever cut by far in terms of regulation," Trump said during a signing ceremony.

Trump signed the order, which he said was "a big one," following a meeting with small business leaders. During the meeting, Trump said the "American dream is back," adding that he wants to end regulatory discrepancy between small and big business.

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A liberal watchdog group plans to file a lawsuit Monday arguing that President Donald Trump is violating the Constitution's ban on officials accepting benefits from foreign governments.

The suit will claim that Trump's business dealings with foreign countries who rent space in his buildings or lend money to his real estate ventures run afoul of the foreign emoluments clause, Citizens for Responsibility and Ethics in Washington said in a statement Sunday evening.

President-elect Donald Trump’s skepticism of the Intelligence Community’s findings on Russian election interference has raised fears among experts that Trump will bypass intel analysts and demand that his personal team conduct its own analyses of raw data.

Tossing aside career analysts can create false conclusions, critics warn — like the George W. Bush administration’s incorrect assessment that Iraq had weapons of mass destruction (WMDs).

Donald Trump cannot move ahead with his plan to dismantle his charitable foundation because state prosecutors are probing whether the president-elect personally benefited from its spending, the New York attorney general's office said Tuesday.

"The Trump foundation is still under investigation by this office and cannot legally dissolve until that investigation is complete," said Amy Spitalnick, spokeswoman for state Attorney General Eric Schneiderman.