02/29/2024

Obama Looks To Address Concerns About Regulatory Costs

President Obama assured donors earlier this week that the administration can tackle pollution without hurting consumers.

Expect his nominee to run the Environmental Protection Agency, Gina McCarthy, to use a similar argument when she heads to Capitol Hill next week for a confirmation grilling by Republican senators.

It’s all part of a concerted effort by the administration to confront consumer and industry concerns about regulation more proactively, rather than letting them escalate to a food fight.

EPA, for instance, went out of its way last week to stress that its new low-sulfur gasoline regulation will add no more than a penny per gallon in cost at the pumps.

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