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Business Leaders Criticize Anti-Regulations Executive Order

For Immediate Release: 
February 24, 2017

Regulations exist for a reason. Let’s not lose those vital benefits. Innovation and accountability should be the guideposts.

Contact Info
Bob Keener
ASBC
617-610-6766

WASHINGTON, DC (February 24, 2017)–The American Sustainable Business Council (ASBC), which with its member organizations represents more than 250,000 businesses, criticized the Administration’s Executive Order to place regulatory advisers with the intent to find opportunities to repeal, rescind, replace and modify regulations.

The following statement may be attributed to David Levine, CEO of ASBC:

“Regulations exist for a reason. Critical standards and safeguards protect businesses and the public from a range of real risks and threats that markets cannot adequately address. In addition, good regulations encourage innovation, a key ingredient to a robust economy. Let’s not lose those vital benefits. Innovation and accountability should be the guideposts.

“This Executive Order is misguided. What businesses need are a level playing field and regulatory compliance assistance. They do not need a politically motivated, unaccountable enforcer answering to polluters and the people who brought on the great recession. Every sport has its rules to ensure a fair game. We need the same standards in government and business.”

ASBC previously sent letters to the current Congress strongly opposing bills to weaken the established regulatory structure and give selected corporations undue influence in the process. The ASBC letters may be found here and here.

The American Sustainable Business Council advocates for policy change and informs business owners and the public about the need and opportunities for building a vibrant, sustainable economy. Through its national member network, it represents more than 250,000 business owners, executives and investors from a wide range of industries. www.asbcouncil.org