>Today the FCC does not impose rate regulation, for example, but maybe tomorrow's FCC will. Of course, now it is becoming clear that the rules will change whenever the presidency changes parties, so if anything it would seem that there is far more regulatory uncertainty with Pai's approach.

This is also why the health insurance industry was overwhelmingly opposed to the Republican healthcare plan, why the financial industry was opposed to certain Republican regulation rollbacks, etc. All the infrastructure they'd built to refocus their business around the regulations might now be useless, but probably not, because there's a decent chance the Democrats might recapture the Senate and/or Presidency in 4-8 years.

Uncertainty is expensive and exhausting. Businesses are desperate for a compromise that lasts. Drastic and potentially ephemeral GOP regulation-slashing really serves no one except their own donor class -- not even big business, let alone small business and the middle class.