But representatives of the insurance industry, which opposes regulation, argue just the opposite.
They oppose government funding or regulation of schools, hospitals, industry, agriculture, and social welfare programs.
Hoover's proposal was defeated because many of the largest oil companies opposed federal regulation.
But Republicans are likely to oppose Federal regulation of insurance rates, as they did in 1996.
The public believes Republican administrations oppose environmental, health and safety regulations because of their ties to big business.
We oppose regulation by directives, both on principle and for practical reasons.
But panel members from insurance companies, health maintenance organizations and businesses of all sizes have generally opposed new regulation.
President Bush has said he opposed such regulation.
He opposes most governmental regulations, programs, and federal subsidies.
The insurance industry adamantly opposes Federal regulation of rates.