The Trump administration on Tuesday continued to kill Obama-era red tape and regulations, this time a potential $400 million hit on employers and federal contractors.

Backed by first daughter Ivanka Trump, the Office of Management and Budget stopped implementation of former President Obama's bid to identify gender wage discrimination by rewriting an employment report to include 3,660 boxes for companies to check or fill out.

The administration said that changing the EEO-1 reporting form would not help to identify wage discrimination beyond current reporting requirements and would be a huge burden on employees. Employers with 100 workers and federal contractors with 50 staff have to fill it out.

Ivanka Trump, who is helping her father's pro-business initiatives, especially for women, said in a statement, "While I believe the intention was good and agree that pay transparency is important, the proposed policy would not yield the intended results."

She said the administration will work with the Equal Employment Opportunity Commission and Congress on other policies to end the gender wage gap.

An administration official said that Ivanka Trump has a "strong interest" in the wage gap issue.

Linda McMahon, administrator of the Small Business Administration, added, "Almost every large business started small, and there is no better way to arrest the ambitions of America's entrepreneurs then to saddle their vision with the burden of unnecessary regulation. The effort to prevent gender discrimination is an important public policy goal of this administration, of state and local government, and for myself as an advocate of girls and women in business and as a former female business owner. That noble pursuit is harmed -- not helped -- by the revised EEO-1 form, which is why I support the stay and review."

Trump has more than made good on his promises to kill burdensome regulations, eliminating 16 old rules for every new one he proposes.

The U.S. Chamber of Commerce said the Obama changes would cost businesses $400 million. "That's just filling out the [new] form," said an administration official.

Paul Bedard, the Washington Examiner's "Washington Secrets" columnist, can be contacted at pbedard@washingtonexaminer.com