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August 23, 2013

Staples Founder & Former CEO Expresses Support for King-Blunt Regulatory Reform Bill on National Television

WASHINGTON, D.C. – In case you missed it, Staples founder and former CEO, Thomas Stemberg, joined CNBC’s The Kudlow Report yesterday to voice his support for Senator Angus King’s (I-ME) and Senator Roy Blunt’s (R-MO) bill to review and curtail outdated regulations. Yesterday, Mr. Stemberg also published an op-ed in the Wall Street Journal expressing his support for the Regulatory Improvement Act of 2013. To read the op-ed, click here.

“I invest in small businesses. These small businesses have a heck of a time dealing with the EPA and the FDA and the FTC. It’s almost impossible as a big company, let alone as an emerging company, so we’ve got to do something about it,” Mr. Stemberg said on CNBC. “One way to do something about it is to begin to force decisions on stuff that’s obviously bad – and this notion of up-and-down decisions, not a lot of amendments, the typical Congressional special interest mumbo-jumbo – just the ability to put things up for a vote.”

“I was very flattered that the Senator from Maine called me this afternoon and talked about it, and he’s one of these guys who actually wants to shake up the Washington establishment. …I just have a lot of respect for people like that…”

To see a clip of Mr. Stemberg’s interview, click here.

For more information about the Regulatory Improvement Act of 2013, click here.

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