They often capture regulators and the regulatory process, at the expense of smaller rivals and the "working families" Warren believes she champions. "ALTHOUGH THE ATTACK ON PUBLIC-CENTERED RULES...What exactly is the evidence that the rulemaking process is public-centered? I would argue that regulatory agencies often lack the expertise attributed to them, especially with respect to frontier technologies and industries. THEY WANT TO MAKE THE RULE-MAKING PROCESS WORK EVEN BETTER FOR THEIR CORPORATE BUDDIES AND WORK EVEN HARDER AGAINST AMERICAN FAMILIES." The "slanted" OIRA process is bipartisan, upheld by Republican and Democratic presidents alike, including executive orders to strengthen elements of its role from Bill Clinton and Barack Obama.

Source: Forbes July 11, 2017 02:50 UTC