The rules, which would apply to 23 foreign banks, would not take effect until July 2015.
The rules, which would take effect in 2004, would govern wholesale power transactions.
He spoke about the new Basel rules, which would require big financial institutions to hold more capital against their assets.
Mr. Paulsen favors liberalizing immigration rules, which would reverse this trend and spur more robust growth, he said.
All parties support the relaxation of local media ownership rules, which would help the struggling regional newspaper and radio sectors.
The industry last night admitted that some failures at the plants were "unacceptable" but blamed other shortcomings on "outdated" European rules which would waste resources.
There are also proposals to relax some local-sourcing rules, which would allow IKEA, a giant Swedish retailer, to set up shop.
This authority, conferred by the Supreme Court, made possible the current fuel economy rules — which would be cast into doubt if the bill became law.
This year, in the face of political opposition and high cost estimates, the White House backed off on new smog rules, which would also have affected power plants.
"It is good to do it now with the change over to the new car and new rules, which would have required a big commitment".
Should the party propose a radical relaxation of planning rules, which would get more homes built, although at the cost of the countryside?
