Smart Regulation

Business Roundtable advocates for a smart, balanced approach to regulation that supports innovation, economic growth and job creation. 

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With the Administration attempting to enact through regulations what they‘ve been unable to achieve legislatively, key regulatory agencies like the Security and Exchange Commission (SEC) and the Federal Trade Commission (FTC) are at the forefront of these efforts and testing the limits of their authority and jurisdiction. While Business Roundtable supports smart and sensible regulations, we will continue to push back against regulatory overreach. 

American Innovation Has Suffered Under Excessive Red Tape

Americans spend 11.5 billion man hours yearly on paperwork. We spend more time on government forms than on grocery shopping or even walking. We need to search for a better way to get people to spend less time on things like paperwork, and more time on imagination, ideas and innovation.

Inefficient and complex federal permitting processes continue to delay meaningful projects and investments that will stimulate job creation and economic growth. Overlapping agency jurisdiction is creating uncertainty and increasing costs on businesses, communities, and consumers. Outdated and unnecessary regulations continue to inhibit innovation and decrease U.S. economic competitiveness, making America a less attractive place to create the next generation of groundbreaking products and services.

Business Roundtable CEOs support legislative and administrative actions to increase transparency and public engagement in the federal regulatory process, improve the quality of information and cost-benefit analyses used in federal rulemaking, and expedite federal permitting and approval. These reforms are essential to ensure the United States remains a global leader in innovation so America’s businesses and workers can continue to compete and win in the 21st century.

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