The BFD. Trump cuts a red tape tied between two stacks of papers representing the government regulations of the 1960s and the regulations of today in Washington, D.C. on Dec. 14, 2017. Photographer: Saul Loeb/AFP via Getty Images The BFD. National Party 2020 election ad on Facebook of leader Simon Bridges cutting red tape on regulations. If you enjoyed this BFD article please consider sharing it with your friends. Related The BFD Staff A contribution from The BFD staff. More by The BFD Staff