Trumka Faults ‘Pro-Business’ Obama, Criticizes U.S. Rule Review

AFL-CIO President Richard Trumka faulted President Barack Obama for a review of regulations that may eliminate some federal rules and said the administration has helped companies lift profits.

Trumka, leader of the biggest U.S. labor federation, said Obama’s order yesterday that federal agencies drop regulations that stifle economic expansion was a “distraction.” Companies have reaped profits during the administration and are “paying the lowest taxes,” he said today during a speech in Washington.