Obama announced he was taking the program marks the latest step to repair the federal government and the relationship between the companies, this relationship has Yinaobama financial regulatory system on Wall Street and health care system for comprehensive reform and the destruction of , some business leaders have said earlier, these reform measures would hamper the development of U.S. businesses.
Since last November the Democratic Party lost the midterm congressional elections in control of the House of Representatives, and the control of the Senate has also been weakened, Obama has been in the show a more "business friendly" stance. But Obama is not yet clear regulatory strategy for the latest operation in changing the way the federal government caused the problem will be how far-reaching effects.
Although Obama has made a commitment to regulatory review, but Obama had achieved the Government is creating a lot of legislative victories of the latest regulatory requirements, these provisions cover the service fee from the credit card to the medical insurance premium rate increases and even interfere with the business community and other fields. Obama said he would ask the next government must "ensure that the regulatory regulations to protect our safety, health and the environment while stimulating the U.S. economy to achieve growth."
The White House said the president also issued to all government agencies a memorandum calling for an increase and enhance the "transparency of regulatory compliance and accountability"; another memorandum pointed out that government agencies need to "at any possible time reduce the burden on small businesses. "