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Our Crisis of Regulation

Jun 25, 2009

In an op-ed in The New York Times today, Richard Posner calls the administration’s financial overhaul plan "premature, overambitious, obsessed with reorganization, [and] afflicted by Roosevelt envy." He says regulators failed to prevent the financial collapse not because they lacked adequate powers but because they lacked information, a culture of inquiry, and a contingency plan.

Aligning with Chile

Jun 24, 2009

Chile Yesterday morning, the Chamber co-hosted a breakfast featuring Her Excellency Michelle Bachelet, President of Chile, with the Business Council for International Understanding and the Chilean American Chamber of Commerce.  President Bachelet’s remarks

Transparency, Science and the EPA

Jun 23, 2009

As I posted earlier, today we petitioned the EPA for an "on the record" formal hearing, before a neutral party, to openly review the data the agency is using to justify its endangerment proposal. If this is the greatest issue of day*, we surely need overwhelming transparency on the science. So what do we have now? Bill Kovacs explains below -- our comments, the petition, and supporting documentation are here.

Rollback of Union Financial Disclosure Rules Underway

Jun 23, 2009

Over the last 6 years, the Labor Department took several important steps to improve the financial disclosure rules that apply to labor unions. The newest round of improvements was finalized in January and was set to be implemented early this year. However, one of the first acts of the new administration was to delay the effective date of the latest enhanced disclosure requirements and now the Labor Department has proposed repealing these revisions altogether.

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