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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

Manhattan Institute


Published by the Manhattan Institute

The Manhattan Insitute's Center for Legal Policy.