Economics
Obama Orders Regulation Review to Boost U.S. Growth
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President Barack Obama ordered a review of U.S. regulations to remove or overhaul those that stifle economic expansion without helping consumers, advancing his outreach to the business community.
Obama wrote in an opinion piece in the Wall Street Journal today that he is mandating “a government-wide review of the rules already on the books to remove outdated regulations that stifle job creation and make our economy less competitive.” The initiative is part of an executive order he signed today, which he said would codify a “balanced” approach to regulation.