President Barack Obama said he will order an overhaul of U.S. business regulations in a bid to cut unnecessary red tape and improve consumer protection.

In an opinion piece in today’sWall Street Journal, Obama said the overhaul will address issues such as the need for new safety rules for infant formula and a faster procedure for approving new medical devices.

Obama will sign the executive order…

Continue reading Obama Orders Review of Federal Business Regulations

Obama Orders Review of Federal Business Regulations originally appeared on DailyFinance on Tue, 18 Jan 2011 07:56:00.

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