What do U.S. Treasury Secretary Henry Paulson and Barney Frank, D-Mass., the incoming chair of the House Financial Services Committee agree on?

U.S. Treasury Secretary Henry Paulson said the implementation of Sarbanes-Oxley corporate-governance regulations may pose a risk to the U.S. economy, advocating changes that fall short of introducing legislative adjustments.

"While necessary," the Sarbanes-Oxley accounting rules "are being implemented in a way that may be creating unnecessary costs and introducing new risks to our economy," Paulson, former head of Goldman Sachs Group Inc., said in a speech Monday to the Economic Club of New York.

Share sales have declined since the introduction of the law in 2002, and a "significant" amount of the time and cost taken complying with Sarbanes-Oxley might better have been spent creating jobs and rewarding shareholders, Paulson said.

Sarbanes-Oxley costs of compliance may threaten economy, official says BLOOMBERG NEWS, 11/21/2006

Paulson seems to be saying many euphemisms.