Donald Trump Cabinet Picks Signal Deregulation Moves Are Coming Business leaders predict changes may come in everything from overtime pay to power-plant emission rules By Nick Timiraos and Andrew Tangel
http://www.wsj.com/articles/donald-trump-cabinet-picks-signal-deregulation-moves-are-coming-1481243006
Business leaders are predicting a dramatic unraveling of regulations on everything from overtime pay to power-plant emission rules as Donald Trump seeks to fill his cabinet with determined adversaries of the agencies they will lead.
The president-elect’s pick Thursday to head the Labor Department, fast-food executive Andrew Puzder, is an outspoken critic of the worker-pay policies advanced by the Obama administration. Mr. Trump’s choice for the next administrator of the Environmental Protection Agency, Oklahoma Attorney General Scott Pruitt, is a primary architect of legal challenges on President Barack Obama’s environmental regulations.
Other cabinet nominees critical of regulations advanced under Mr. Obama include Rep. Tom Price to lead the Department of Health and Human Services, financier Wilbur Ross Jr. at the Commerce Department and retired neurosurgeon Ben Carson at the Department of Housing and Urban Development. All will require Senate confirmation.
Those picks suggest the Trump administration, backed by a Republican Congress, is determined to advance labor, environmental and financial regulatory policies more favorable to many American corporations, though not all will back his proposals. Business leaders say all Americans stand to benefit from a lighter touch that would boost profits, growth and hiring, particularly for small and midsize businesses.
“If government can stimulate business to hire more, rather than vilify us, that’s going to be a better milieu,” said Andrew Berlin, CEO of Chicago-based Berlin Packaging LLC, which makes glass and plastic bottles for consumer products.
“The continual onslaught of regulation over the last eight years—that probably has been pretty much our No. 1, overall concern as manufacturers,” said Jason Andringa, CEO of the Vermeer Corp., a Pella, Iowa-based maker of construction and farm machinery. “That there may be some relief from that is very appealing to us.” CONTINUE AT SITE
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