President Bush’s inauguration on Jan. 20 offers new hope to a deal community that has suffered a surprising number of legislative defeats since the end of the Clinton administration.


Initiatives sought by business leaders, varying from bankruptcy reform to pension reform to stock option expensing, went nowhere in the 107th and 108th sessions of Congress. Even worse, measures adverse to the deal community, such as a hard cap on television station ownership, became law.


The most pressing legislative issues for dealmakers will be bankruptcy reform — which has been in the works for a decade — stock option expensing, media ownership limits, energy legislation, Sarbanes-Oxley reform, asbestos legislation and pension reform.


For this complete story, please visit GOP Win Should Boost Pro-Business Legislation.


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