Saturday, December 31, 2016

Wanted: Deregulators

They're going to have their work cut out for them:
Trump created a new position in the White House for the billionaire investor to serve as a “special adviser on regulatory issues,” where he will seek to trim back rules that businesses consider unnecessary and burdensome.

"Under President Obama, America's business owners have been crippled by over $1 trillion in new regulations,” Icahn said in a statement issued by the Trump transition team. “It's time to break free of excessive regulation and let our entrepreneurs do what they do best: create jobs and support communities."
Icahn, 80, is the founder of Icahn Enterprises, and has become known over the years as an activist shareholder.

Trump, who has done deals with Icahn in the past, called him “one of the world’s great businessmen.”

“His help on the strangling regulations that our country is faced with will be invaluable,” Trump said in a statement.
President Trump is going to need it...

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