A New Regulator in Town?
Posted on Dec 9, 2016 in Industry News | Comments Off on A New Regulator in Town?
Some in the automotive industry have expressed enthusiasm for the president-elect’s proposed U.S. Secretary of Transportation, Elaine Chao. Chao has in the past taken a free-market approach to industry and has pushed for less federal regulation. For companies working on driverless cars and other new technologies, that approach is expected to promote innovation. The current administration’s federal policy relating to automated vehicles sought to balance safety and innovation, and companies hope that balance will continue.
