Elizabeth Gurdus | @elizabethgurdus
6 Hours AgoCNBC.com
President Donald Trump’s rapid overhaul of rules and regulations is not an unusual pace for business, so the nation’s capital better get used to his modus operandi, ex-Chrysler chief Bob Nardelli said Tuesday.
“Washington better catch up to this business-oriented, business-minded president,” Nardelli told “Squawk Alley.” “We have a lot of gnashing of teeth right now about the rate with which the president is moving. That’s not fast in the business world.”
Nardelli touted the speed at which Trump has set the stage for delivering on key campaign promises, but acknowledged that two major promises — corporate tax reform and repatriation — have not yet been addressed.