FCC and FTC Deregulation Under Review As Key to Job GrowthCongress, FCC, House of Representatives July 8th, 2011
WASHINGTON, July 7, 2011 – What was originally billed as a federal agency confessional before House Energy and Commerce Subcommittee on Oversight and Investigations on Thursday turned into a search to create American jobs and economic growth.
Monday, the subcommittee held its fourth hearing to improve the regulatory review system. With the national unemployment rate at 9.1 percent, burdensome regulations from federal agencies are seen by both sides of the aisle and agency representatives to contribute to the problem. An Executive Order the President issued in January sought to streamline federal agencies by having them do a retrospective review of existing regulations and discard those they determined outdated and unnecessary.