There is now a FAR Reform website:

U.S. General Services Administra...

GSA, OMB, NASA, DoD Launch Revolutionary FAR Overhaul Web...

WASHINGTON — In a historic move to rein in government inefficiency and protect taxpayer dollars, President Trump launched the most significant update to federal purchasing rules in over four decades.

Thanks Vern!

On this new webpage I see a GSA deviation that serves as a sample of FAR 2.0: - Non-statutory requirements removed from FAR Part 1 include but are not limited to Subparts 1.2 and 1.5.

If enacted, this abolishes the CAA and DAR Councils as well as Agency and Public Participation. The authority to revise the FAR relies solely on 41 USC Ch. 13. The Federal Acquisition Regulatory Council can unilaterally make revisions to the FAR without the participation of the agencies or the public.

How big a change would this be? What are the implications?

41 minutes ago, General.Zhukov said:

If enacted, this abolishes the CAA and DAR Councils as well as Agency and Public Participation. The authority to revise the FAR relies solely on 41 USC Ch. 13. The Federal Acquisition Regulatory Council can unilaterally make revisions to the FAR without the participation of the agencies or the public.

It doesn't abolish the councils (small c).

The authority to issue the FAR is vested in the GSA Administrator, the Secretary of Defense, and the NASA Administrator. They are "the FAR Council" (big C). But they cannot do that work themselves, so they have appointed staff to help them. We call those staffs "FAR councils" (little c). There will still be "FAR councils" (little c), although they may be called something else, and they will still do the grunt work for FAR-writing. No big change in that regard.

41 U.S.C. § 1303, Functions and authority--

(a)Functions.—

(1)Issue and maintain federal acquisition regulation.—

Subject to sections 1121, 1122(a) to (c)(1), 1125, 1126, 1130, 1131, and 2305 of this title, the Administrator of General Services, the Secretary of Defense, and the Administrator of National Aeronautics and Space, pursuant to their respective authorities under division C of this subtitle, chapter 4 of title 10, chapter 137 legacy provisions (as such term is defined in section 3016 of title 10), and the National Aeronautics and Space Act of 1958 (42 U.S.C. 2451 et seq.),[1] shall jointly issue and maintain in accordance with subsection (d) a single Government-wide procurement regulation, to be known as the Federal Acquisition Regulation.

(2)Limitation on other regulations.—Other regulations relating to procurement issued by an executive agency shall be limited to—

(A) regulations essential to implement Government-wide policies and procedures within the agency; and

(B) additional policies and procedures required to satisfy the specific and unique needs of the agency.

23 hours ago, General.Zhukov said:

How big a change would this be? What are the implications?

Based upon my interaction with and participation in some proposed reg updates, I’d say that, at least for the topics that I was involved with, the little “c” staffers and even subject matter proponents didn’t know the subject matter and often the implications of proposed language for revisions. Heck, even the industry proponents on industry committees that I knew or was a member of often didn't know either.