Will there be a rapprochement between business and the White House?
Author: Damien M. Schiff
These last several weeks have seen a thawing of sorts in the otherwise chilly climate between American business and the Obama administration. Kicking off the new warming period was the issuance last week of an Executive Order for "Improving Regulation and Regulatory Review" (the order has not gone uncriticized by the environmental community). The same day the President signed the order, the Wall Street Journal ran an oped by Mr. Obama touting the glories of the American free market system and the need to unleash the benefits of that system again by reducing red tape.
Perhaps the lastest installment in the Administration's reorientation toward business is today's announcement that Ms. Carole Browner has resigned from her position within the Administration as the Energy and Climate Czar. Ms. Browner had come under significant criticism from industry for her attempts to get the Congress to pass her climate bill.
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