Treasury Secretary Henry M. Paulson Jr. yesterday criticized the nation's 'ever-expanding rulebook' and its burdensome legal system for constraining the economy but rejected wholesale revisions to a corporate accountability law under attack from business groups. Paulson, a former chairman of the investment bank Goldman Sachs, called for striking a regulatory balance as he delivered his first major policy address on the subject since joining the government in July. (Washington Post, Tuesday)
Does business want deregulation?
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Freedom to Choose by Melvin D. Barger