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Elaine Chao: How The Trump Administration Is Promoting Self-Driving Cars, Drones

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LAS VEGAS - U.S. Transportation Secretary Elaine Chao made an appearance at CES this week to show that the Trump administration wants to help promote innovation in self-driving cars and drones through working with the private sector and reducing regulations.

[ibd-display-video id=3077575 width=50 float=left autostart=true] "We know that there are so many outdated and duplicative regulations that really hamper the growth of innovation," Chao told Investor's Business Daily. "We want to have the public and relevant stakeholders tell us what they are so that we can begin to do something about them so that we can promote innovation."

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While at CES, Chao announced updates to the DOT's drone pilot program as well as issued multiple official Requests for Comment and Information to "identify which regulations, parts of regulations or terminology need to be updated to allow for innovation to move forward."

Chao also emphasized that the Trump administration does not believe in a "top-down approach," but instead wants to work with the private sector "to ensure innovation flourishes."

Watch the video for more details.

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The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc.


The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc.

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