Business Roundtable Sees Need for U.S. Regulatory Reform

The transcript discusses the importance of regulation in ensuring safety, environmental cleanliness, and market transparency. It highlights the challenges of overlapping regulations across different jurisdictions and the need for coordination. The FAST Act is presented as a successful example of speeding up infrastructure approvals. The discussion also covers the regulation of big tech, emphasizing the need for a unified approach to privacy laws. The roles of federal administration and Congress in regulation are explored, along with the tech sector's proactive stance. The need for reviewing outdated regulations is highlighted, with examples like meatless meat and plant-based milk. The Business Roundtable's advocacy for smart regulation is emphasized.

What are the main purposes of regulation as discussed in the text?

How does the FAST Act aim to improve infrastructure approval processes?

What challenges are associated with having multiple regulations across different jurisdictions?

In what ways is the tech sector responding to the need for regulation?

What specific recommendations does the Business Roundtable have regarding federal regulation?