NEW YORK—Nothing worries the CEO of the U.S. Chamber of Commerce more than increased regulation.
Regulators are "taking the joint over," Thomas J. Donohue told insurance-industry executives at the Property/Casualty Joint Industry Forum at the Waldorf-Astoria Hotel in New York yesterday.
A champion for a free-enterprise system, Donohue says students are taught the three branches of government—legislative, executive and judicial—but, he asks rhetorically, "Who the hell has studied the regulatory branch?"
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