President Obama today will sign an executive order to make clear the operating principle of the US government is to strike the right balance with regulations, neither "placing unreasonable burdens on business-burdens that have stifled innovation and have had a chilling effect on growth and jobs" nor failing to "protect the public interest."
The president made the announcement in an oped in the conservative opinion pages of the Wall Street Journal, in yet another sign his move may be based in part in moving towards the political center (or at least being perceived as doing so.)
The Snooper Report.
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