Obama antagonizing business interests on his way out the door

WASHINGTON POST

Obama has negotiated with business leaders periodically during his presidency and, at times, joined with them to push issues such as expanded international trade or comprehensive immigration reform. But in his last year in office, Obama seems to have shed any hesitation to take actions that critics might dub ‘anti-business,’ … The shift is evident in three controversial decisions the administration announced this week [including cracking down on inversions and the fiduciary rule] … Coming now, at a time when anger at corporate America is animating the presidential contests … they underscore the degree to which Obama’s approach to business issues has evolved through his two terms. They also illustrate how Obama is now attempting to leverage his powers to his party’s advantage in the race to succeed him as president.”