Regulatory Quotes

Many people who try to do big bold things in the world find out it’s not about the money or the technology: It’s about the regulatory hurdles that will try and stop you.
Peter Diamandis

A focus on regulatory overreach, things that the benefit doesn’t outweigh the cost, is probably the single greatest opportunity we have for having a positive impact on job creation.
Thom Tillis

Everyone has a different opinion; every country has a different way of doing things. But I do believe that we need a regulatory body so that everyone who owns or manages wildlife is subject to inspection and rated on how well they look after the animals and how the communities benefit.
Prince Harry

Part of my mandate is to curb corruption and streamline a cumbersome, graft-ridden bureaucracy, to put resources where they will provide the clearest results, and to untangle a complicated regulatory environment.
Benigno Aquino III

America has two clear tiers of workers: contractors and employees. The former have few regulatory protections; the latter have many.
Anand Giridharadas

With a post Brexit economic policy that sets our economy and country on the right track, with new freedoms, the U.K. will exercise greater fiscal flexibility and regulatory reform to transform our country into a dynamic engine of prosperity, job creation and growth.
Priti Patel

Blockchain startups are suffering from a crippling, archaic, and antiquated state regulatory system – and it’s driving innovation abroad. Many blockchain start-ups trigger or may trigger money transmitter laws and regulations.
Perianne Boring

Smart businesses do not look at labor costs alone anymore. They do look at market access, transportation, telecommunications infrastructure and the education and skill level of the workforce, the development of capital and the regulatory market.
Janet Napolitano

We all agree on the core values of a free and open Internet. We simply may disagree on the appropriate regulatory framework for securing those values. And I would much rather have an open and honest debate about the appropriate regulatory framework as opposed to throwing misinformation out there to achieve political ends.
Ajit Pai

In the future, financial firms of any type whose failure would pose a systemic risk must accept especially close regulatory scrutiny of their risk-taking.
Ben Bernanke

Innovation, especially in America, is continuing at a breakneck pace, even in areas facing substantial political or regulatory headwinds. The advances in health care in particular are breathtaking – so many selfless souls are working to advance science, and this is heartening.
Michael Burry

The energy transition demands a clear vision of the steps that need to be taken and a stable, meaningful regulatory framework. It appears important to us to awaken public opinion to the fact that this transition will necessarily come at a cost and will, at least in the short term, involve a price increase.
Christophe de Margerie

All of us are going to have to find ways to do things more efficiently, find ways to get our costs more in line, and do it in a time of higher regulatory and environmental standards.
N. Murray Edwards

We’ve seen it time and again – Chinese companies don’t play by the rules, committing intellectual property theft and disregarding basic regulatory standards at the expense of investors. Not a single taxpayer dollar should be invested with these entities that have a clear history of corruption.
Tommy Tuberville

We want to be one of the most crypto-forward and technological cities in the country. So we’re looking at… creating a regulatory framework that makes us the easiest place in the United States to do business if you’re doing it in cryptocurrencies.
Francis X. Suarez

Obviously, Nevada doesn’t prohibit all forms of gambling, but you have to submit yourself to a very rigorous regulatory process to run a gambling operation in Nevada.
Eric Schneiderman

When giant companies wanted more tax loopholes, Washington got it done. When huge energy companies wanted to tear up our environment, Washington got it done. When enormous Wall Street banks wanted new regulatory loopholes, Washington got it done. No gridlock there!
Elizabeth Warren

I am a passionate advocate for developing the future workforce, addressing complex social problems, and shaping a regulatory framework. These three subjects all revolve around greater innovation and growth.
Pierre Nanterme

We need to create a level regulatory playing field. It makes no sense for Internet giants like Google, Facebook, and Twitter to be allowed to buy newspapers while a small AM radio station is prohibited from purchasing its local paper.
Ajit Pai

We need a mobilized and active civil society using its purchasing power to demand sustainable products and practices. It is also essential that governments commit to the future, creating fiscal and regulatory conditions for sustainable policies to thrive.
Guilherme Leal

I think we need to significantly reduce the regulatory burden on the private sector. The Obama administration is doing the opposite. They’re loading on more and more regulation on the private respect to how the economy functions.
Dick Cheney

President Clinton got it right in 1996 when he established a free-market-based approach to this new thing called the Internet, and the Internet economy we have is a result of his light-touch regulatory vision.
Ajit Pai

We notified the EPA 18 years ago that PFOA in drinking water presented a public health threat, and in 2019 there are still no federal regulatory limits.
Robert Bilott

As part of the regional metro-Boston area, southern New Hampshire offers all the benefits typically associated with major metro areas yet maintains the advantages of being in a truly enterprise-friendly state: access to a world-class workforce, a pro-business, low-tax environment, and a streamlined regulatory environment.
Chris Sununu

We need to have a regulatory budget in America that limits the amount of regulations on our economy. We need to repeal and replace Obamacare, and we need to improve higher education so that people can have access to the skills they need for 21st century jobs.
Marco Rubio

For too long, the system has been biased in favor of oil and gas developers: sweetheart lease deals, generous subsidies and a regulatory process so slanted in favor of Big Oil that often permit reviews are simply waived.
Chellie Pingree

Conventional wisdom suggests the primary motivator for entrepreneurs is money or wealth creation and, in fact, much of the political debate tends to center around what kind of tax or regulatory policy changes will turn corporate suits into small business adventurers overnight.
Chip Conley

I believe that we have to have a new regulatory regime for our financial system.
Richard Shelby

The evolvement of proteolysis as a centrally important regulatory mechanism is a remarkable example for the development of a novel biological concept and the accompanying battles to change paradigms.
Aaron Ciechanover

From zoning to labor to food safety to insurance, local food systems daily face a phalanx of regulatory hurdles designed and implemented to police industrial food models but which prejudicially wipe out the antidote: appropriate scaled local food systems.
Joel Salatin

When capital comes into our own countries, it ought to be for, you know, a longer-term investment. If it’s extremely short, hot money, we ought to treat it in that way and have type of regulatory policy.
Charles L. Evans

Moreover, environmental health at the local level has become narrowly focused, very much defined around regulations and the attendant regulatory debates.
Samuel Wilson

Delayed energy projects and regulatory hurdles to domestic oil production not only cost the United States economy billions of dollars and millions of jobs, but they also stand in the way of an elusive goal: true American energy security.
John Hoeven

Regulatory mandates have a disproportionate effect on small businesses.
Ajit Pai

The Nuclear Regulatory Commission and EPA, et cetera, had worked out what allowable releases are.
William Scranton

Entrepreneurs are constantly developing new technologies and services. But too often, they’re unable to bring them quickly to market for consumers because regulatory inertia stands in the way. Unfortunately, the FCC can suffer from this government-wide problem.
Ajit Pai

Light touch regulation means that we create broad regulatory frameworks that can protect consumers to ensure an overall competitive marketplace.
Ajit Pai

I am pleased to be part of Promontory’s steady efforts to assist banks and other financial firms in meeting legal and regulatory obligations and challenges.
Laurence D. Fink

They’re the Federal Energy Regulatory Commission, and they will not do that. They will not pull the trigger.
Gray Davis

Regulatory changes have forced banks to closely examine their liquidity planning and to internalize the costs of liquidity provision. The costs of committed liquidity facilities will be passed on to clearing members. These costs are perhaps highest in clearing Treasury securities, where liquidity needs can be especially large.
Jerome Powell

In order for America to remain the leader in medical innovation, we must reduce costs, ease regulatory burdens, and increase the efficacy of producing new treatments and cures here in the U.S.
Cathy McMorris Rodgers

There is some risk that if the wrong regulatory regime gets adopted in the U.S., then the center of innovation could move to other countries. If blockchains are the next Internet, that would be a very unfortunate development for the U.S.
David O. Sacks

When it imposes expensive regulatory mandates on the private sector, Congress often acts on the basis of interest-group pressures, anecdotes, and the emotions of the moment. The executive branch is hardly perfect, but it is far less likely to do that.
Cass Sunstein

We need to work together to support common-sense solutions to establish and maintain regulatory certainty and predictability for the mining industry and reduce excessive, duplicative, and expensive permitting delays.
Cathy McMorris Rodgers

Creating a regulatory system that reflects the modern-day realities of financial markets is not as difficult as it may appear.
Paul Singer

I look forward to taking on issues regarding the Constitution, intellectual property, terrorism, and other legal and regulatory reforms.
Ron DeSantis

Our goal as Republicans is to ensure gender discrimination ends once and for all, and to also help guarantee those who want to remain in the workforce and continue their careers aren’t hindered by clunky, outdated regulatory structures that penalize them for making that choice.
Cathy McMorris Rodgers

Today, we are announcing that agencies are releasing their final regulatory reform plans, including hundreds of initiatives that will reduce costs, simplify the system, and eliminate redundancy and inconsistency.
Cass Sunstein

In democracies, we aren’t always governed by the people or the parties that we voted for. But when officials are elected, we must respect their authority, as long as they’re exercising that authority within the bounds of whatever regulatory frameworks are in place to guide them.
Reid Hoffman

The development of the food industry for both domestic and export markets relies on a regulatory framework that both protects the consumer and assures fair trading practices in food.
Gro Harlem Brundtland

Limited government, low taxes, controlled spending and debt, and a restrained regulatory environment make Texas work.
Mark McKinnon

For market discipline to constrain risk effectively, financial institutions must be allowed to fail. Under optimal financial regulatory and financial system infrastructures, such a failure would not threaten the overall system.
Henry Paulson

We’ve got tax and regulatory policies in this country that are driving a lot of businesses overseas, and so I think there’s a lot that we can do using principles of constitutionally limited government to help address people who share these concerns.
Mike Lee

We pursued the wrong policies. George Bush is not on the ballot. Bill Clinton is not on the ballot. Mitt Romney is on the ballot, and Barack Obama is on the ballot. And Mitt Romney is proposing tax reform, regulatory reform, a wise budget strategy and trade. The president has proposed tax increases.
Glenn Hubbard

The Enron scandal is worthy of the highest level of scrutiny, both because of the enormity of the crimes that may have been committed and because of what the largest bankruptcy in American history has already begun to reveal about the weaknesses in our nation’s corporate structures and regulatory oversight.
Adam Cohen

Every regulatory speech on derivatives takes a bow to their hedging ‘benefits.’ Less publicly, regulators pay their respects to derivative profits, a blessed relief from the banks’ troubled loans to less-developed countries, highly leveraged companies, and real estate swingers.
Carol Loomis

I personally believe that any country that has a nuclear program should conform to international regulations and should have international regulatory bodies that check to make sure that any nuclear program moves in the right direction.
Abdullah II of Jordan

When regulations on the housing industry are reasonable, the cost of housing goes down. Regulatory relief is needed to make housing more affordable to more Americans.
Randy Neugebauer

Getting in the middle of financial transactions is a regulatory minefield.
Naval Ravikant

Put not your trust in new leaders, better systems, new organisations or regulatory reorganisation. They may well be good and necessary, but will to some degree fail.
Justin Welby

Setting regulatory certainty is very important for bitcoin. I’m opposed to the regulations, but the bitcoin businesses need to know the rules of the game in order to move ahead.
Roger Ver

Long-term economic growth depends mainly on nonmonetary factors such as population growth and workforce participation, the skills and aptitudes of our workforce, the tools at their disposal, and the pace of technological advance. Fiscal and regulatory policies can have important effects on these factors.
Jerome Powell

All economies are structured differently – the tax systems, the regulatory systems, the federal systems – and that is as true of Australia and the United States as it is of Australia and Germany and the U.K.
Scott Morrison

In my experience over the past 30 years in business, investment decisions can be slowed or stopped due to unpredictability in laws and regulatory framework or if free trade and competition is hampered or access to capital restricted.
Borje Ekholm

The British regulatory system was revised, so that bigger profits were encouraged, which removed the option of big spending on programming. Quality just fell off a cliff, and all the old hands either left or were fired for being too expensive.
Lee Child

By the time I finished doing regular practice, most of my work was in international regulatory law, so I was advising foreign governments about their responsibility and roles in things like public inquiries.
Robert Rinder

We have to build the capacity of our institutions, employees and workers. Our regulatory environment has not been encouraging to research, innovation and enterprise.
Narendra Modi

I believe that the financial crisis of 2008/9 exposed more a lack of ethics and morality – especially by the financial sector – rather than a problem of regulation or criminality. There were, of course, regulatory lessons to be learned, but at heart, there was a collective loss of our moral compass.
Paul Polman

We survey companies and ask them what the barriers to export and import are. Once we map these barriers, we sit down with the companies on one side and the government and regulatory agencies on the other and help them identify obstacles to trade and what has to be done to tackle them.
Arancha Gonzalez

I will make utmost efforts to conduct regulatory reform by tearing down bureaucratic sectionalism, vested interests and notorious habit of following precedents.
Yoshihide Suga

Nobody in the Washington regulatory bureaucracy gets fired for saying no.
Blake Farenthold

The comparison to the old world is something to get excited about. We have the potential for more choice and innovation, and a different regulatory environment that doesn’t place as much weight on economic regulations of terms and conditions.
Michael K. Powell

We believe behavioral science, cognitive computing, and machine intelligence are essential to a successful, holistic surveillance offering and critical to efficient and effective organizational compliance with an increasingly intricate global regulatory environment.
Adena Friedman

I think there’s no question that vaccines have been absolutely critical in ridding us of the scourge of many diseases – smallpox, polio, etc. So vaccines are an invaluable medication. Like any medication, they also should be – what shall we say? – approved by a regulatory board that people can trust.
Jill Stein

San Francisco businesses face many challenges, including high rents, regulatory burdens, and the rising cost of workers compensation insurance and employee health plans.
Gavin Newsom

We must advance regulatory reforms.
Yoshihide Suga

So, we’re saying, if we can give developers and builders incentives to cut down on the regulatory barriers that are faced in this country, then we might be able to address the needs of affordable housing.
Alphonso Jackson

The concept of industry domination of regulatory agencies was well known and documented in the literature by the 1960s.
Nick Johnson

My research interests since then have shifted strongly towards the economic and regulatory problems of the financial services industry, and especially of the securities and options exchanges.
Merton Miller

For small businesses, regulatory burdens can be overwhelming.
Mike Simpson

Britain should be the world’s number one center for genetic and stem cell research, building on our world leading regulatory regime in the area.
Gordon Brown

Financial regulatory reform is one of the top legislative priorities of the Obama Administration.
Valerie Jarrett

What we’re going to do is redouble our efforts on financial regulatory reform, because that has in it sensible things like say on pay, so at least the shareholders are minding the store, sensible things like saying, for heaven’s sakes, compensation should be focused on – on long term, so that you don’t have rewards for short-term risk-taking.
Christina Romer

The goal of long-run economic growth without asset price bubbles is not only achievable, but is something we should expect if we put a sound regulatory framework in place and if policymakers remain vigilant.
Christina Romer

So Bush certainly wasn’t the greatest, and Obama has not done the job. And he’s created a lot of disincentive. He’s created a lot of great dissatisfaction. Regulations and regulatory is going through the roof. It’s almost impossible to get anything done in the country.
Donald Trump

And I think most people in this country want to see a president that’s got the courage to say we’re going to cut the tax burden, and reduce the regulatory climate, and we’re going to get Americans working.
Rick Perry

And, frankly, what happens out of Washington is, it creates a wind in my face, uncertainty over Obamacare, uncertainty over their tax policy, uncertainty over the regulatory policy.
John Kasich

If someone knows of a job creator anywhere in the world that’s looking for a high, complex tax environment or looking for a high regulatory environment, I would like to meet them because I have yet to meet a job creator that’s looking for that, and that’s what we have.
Marco Rubio

We have lost certainty and predictability in the regulatory and tax climate in America, and this is why we’re recovering so slowly.
Bob McDonnell

The future regulatory arrangements for the newspaper industry need to be done in a much calmer deliberative way, in slower time when we’ve got beyond this media firestorm.
Thomas Watson, Jr.

In response to the recession, the Obama administration chose to emphasize costly, short-term fixes – ineffective stimulus programs, myriad housing programs that went nowhere, and a rush to invest in ‘green’ companies. As a consequence, uncertainty over policy – particularly over tax and regulatory policy – slowed the recovery.
Glenn Hubbard

Fortunately, when Korea was struck by the 1997/8 financial crisis, that was a good opportunity for us to engage in fundamental reforms and strengthen our financial structure. As a result, our financial regulatory structure and regime have been very much strengthened.
Lee Myung-bak

With the discovery of vast new North American energy resources – thanks to the application of proven technologies like hydraulic fracturing and commonsense regulatory processes on non-federal lands – the U.S. government should no longer be in the business of spending taxpayer dollars on risky, exotic energy projects.
Fred Upton

Money never seems to be interested in strengthening regulatory agencies, for example, but always in subverting them, in making them miss the danger signs in coal mines and in derivatives trading and in deep-sea oil wells.
Thomas Frank

The Obama administration is not helping small businesses create jobs. In fact, it is responsible for the regulatory uncertainty nearly 50 percent of small-business owners cite as responsible for their lack of hiring.
Sher Valenzuela

The Nuclear Regulatory Commission is continually reviewing its safety plan for the 100-plus operating civilian nuclear reactors in the United States. And when those plants were put into operation, they were required to have double and triple redundant safety systems.
Joe Barton

For far too long the American public and business sector have kept their silence as civil liberties have been whittled away by statutory and regulatory measures.
Bob Barr

As a medical doctor who chose a career in artificial heart technology rather than clinical practice, I decided not to take an internship, which is required for licensing. Instead, I work with invention, manufacturing, regulatory affairs, and clinical application of artificial hearts.
Robert Jarvik

I’m a capitalist by conviction and profession. I believe the best economic system is one that rewards entrepreneurship and risk-taking, maximizes customer choice, uses markets to allocate scarce resources and minimizes the regulatory burden on business.
Gary Hamel

This country, of course, needs fundamental reform of our financial regulatory system, as I, and many other financial institution executives, have publicly advocated for a considerable period.
Stephen A. Schwarzman

A state-based regulatory system is quite burdensome. It allows price controls to create market distortions. It can hinder development of national products and can directly impact the competitiveness of U.S. insurers.
Henry Paulson

Small-business people do not want to have more than 50 employees, because that’s when all the regulatory burden of Obamacare kicks in.
Michele Bachmann

Perhaps genes did regulate the aging process. Perhaps different organisms had different life spans because a universal regulatory ‘clock’ was set to run at different speeds in different species.
Cynthia Kenyon

There’s been so much corruption and so much cronyism in the taxi industry and so much regulatory capture, that if you ask for permission upfront for something that’s already legal, you’ll never get it.
Travis Kalanick

The regulatory systems in place disincentive innovation. It’s intense to fight the red tape.
Travis Kalanick

Our regulatory bodies strive to create honest dealings, fair trades, and a situation in which no one has an advantage over anyone else. But human beings aren’t honest. And all trades are made because one person thinks he’s getting the better of the other, and the other person thinks the same.
P. J. O’Rourke

There are over 170,000 pages of regulations in Washington, D.C. I want to streamline the rules in the federal government to basically allow businesses to grow without fear of burdensome federal regulations. That’s a passion to me, regulatory reform.
Jason T. Smith

I believe that government is too large, costs too much, spends too much, and has too much regulatory power in our lives.
Tim Walberg

Internet and government is Topic A in every nation, all around the world. There is the question of getting the Internet built. That involves persuading government to have regulatory policies. It involves new technology to bring the Internet to rural places.
Vint Cerf

Electricity transmission operates on a frequency between 49.7 Hertz and 50.2 Hertz. What I have done is petitioned the Central Electricity Regulatory Commission and squeezed this band to now 49.9 Hertz to 50.1 Hertz. This will contain volatility.
Jyotiraditya Madhavrao Scindia

I don’t think any foreign Internet company can effectively compete against Chinese companies in the Chinese market. The regulatory environment is so difficult that it’s almost impossible for foreigners to have an advantage over locals who have better political connections and who can manipulate the regulatory system much more effectively.
Rebecca MacKinnon

Going public is 18-month process, while an acquisition is a 6-month process. Going public means going under so much scrutiny, regulatory approval, auditing, magnified 10 times. Having the stomach to do that isn’t necessarily in my DNA. My DNA is building a product and a service.
Brian Acton

President Obama has called for economic and political empowerment of women globally. The Equal Futures Partnership promotes removal of policy, legal, and regulatory barriers that hold women back at local, state and national levels.
Lael Brainard

Finding a ‘sacrificial lamb’ on whom to tag blame for complicated problems is an important instrument in the toolkit of politicians, because it deflects blame for the nation’s economic woes away from their own regulatory lapses, economic mismanagement and coddling to labor unions.
Clayton M. Christensen

What I’ve seen around the world is if the regulatory desires are combined with things that affect consumer behavior – such as in Europe, they tax gasoline very heavily – you do get people to move to very fuel efficient cars; trade off bigger vs. smaller cars.
Rick Wagoner

Often you see big companies, big banks who are eager to embrace crushing regulatory burdens because they drive up everyone’s costs.
Ted Cruz

Early 2000s, we get Enron, which tells us the books are dirty. And what is our repeated response? We just keep pulling the threads out of the regulatory fabric.
Elizabeth Warren

Ninety-five percent of the work in the attorney general’s office is civil litigation and regulatory work, and I think I certainly have a lot more experience in that than most of the folks who have served in the office.
Eric Schneiderman

I would argue that no financial instrument counted as regulatory capital should be allowed to receive any protection from losses.
Ben Bernanke

Legislation must be passed which undoes the damage caused by excessive de-regulation. That means reinstalling the regulatory firewalls that were ripped down in 1999.
Bernie Sanders

Every new rule, mandate, and regulatory edict is one more obstacle that small business owners, entrepreneurs, and job creators have to swallow.
Marsha Blackburn

We’ve already seen the federal government stretch their regulatory tentacles into our homes and determine what kind of light bulbs we have to use.
Marsha Blackburn

The fruits of science and innovation have nourished our society and economy for years, but nations unable to navigate our regulatory system are often excluded, as are vulnerable individuals.
John Sulston

The motivation should come from regulatory enforcement, but enforcement is weak, and environmental litigation is near to impossible. So there’s an urgent need for extensive public participation to generate another kind of motivation.
Ma Jun

Regulatory failings mean that the cost of breaking the law is far below that of obeying it – businesses are happier to pay fines than to control pollution.
Ma Jun

The goal of federal regulations should be to promote health and safety, but regulatory enforcement must be balanced with common-sense policies and assistance for businesses.
James Lankford

Particularly when it comes to the regulatory environment, being a jerk doesn’t actually get you very far.
Logan Green

I was proud to represent the 11th District of Georgia as a member of Congress for the past 12 years and am excited to now be joining the respected, growing Government & Regulatory Affairs Practice at Drinker Biddle & Reath.
Phil Gingrey

I refuse to go along with the status quo of more wasteful federal spending, and I refuse to let the Obama Administration continue to force their misguided ideology through regulatory overreach.
Paul Gosar

As newly created P2P businesses disrupt the status quo and compete with established companies, they face the difficulty of fitting a square peg into a round hole when it comes to existing regulatory regimes that don’t contemplate their business models.
Sam Graves