From Axios:

Driving the news: Trump’s order repeals a previous one his predecessor issued that required federal agencies to consider future flood risk when spending money on infrastructure projects, including homes with federally backed mortgages, per Bloomberg. Then-President Obama’s executive order didn’t create much GOP pushback at the time of its release in 2015 and received broad support from local leaders and city planners across the country. Even some conservative groups, such as the R Street Institute, are criticizing Trump’s move, arguing it will waste taxpayer dollars by investing in projects that will likely face flood damage at some point.

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