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"Democrats: There Is Such a Thing as Too Much Regulation"

CEI's John Berlau notes that the Democrats actually ran to the right of the Republicans on the issue of Sarbanes-Oxley reform. It remains to be seen whether this is a case of Nixon going to China or mere lip service to prevent a revolt of New York investment banks heavily involved in financing the Democratic Party. That Schumer followed his Wall Street Journal op-ed with a post-election crowing claim that "Reaganomics is dead" is not encouraging.



Rafael Mangual
Project Manager,
Legal Policy

Katherine Lazarski
Manhattan Institute


Published by the Manhattan Institute

The Manhattan Insitute's Center for Legal Policy.