Last Friday, following his swearing in as the 45th president of the United States, President Donald Trump, through his Chief of Staff Reince Priebus, issued a presidential memorandum freezing all regulatory action until further notice. In keeping with tradition of other incoming presidents, President Trump ordered the freeze until all regulatory action can be reviewed by his administration. The regulatory freeze puts a hold on all issues that are currently pending within the various agencies in some fashion, but have not been finalized yet. An exception will be allowed, however for those issues concerning "emergency situations or other urgent circumstances relating to health, safety, financial or national security matters."