Stand Athwart Yelling Stop

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WASHINGTON (AP) — One of President Barack Obama's first acts is to order federal agencies to halt all pending regulations until his administration can review them.

The order went out Tuesday afternoon, shortly after Obama was inaugurated president, in a memorandum signed by new White House chief of staff Rahm Emanuel. The notice of the action was contained in the first press release sent out by Obama's White House, and it came from deputy press secretary Bill Burton.