Chamber of Commerce Tom Donohue slammed the Obama administration in a speech at Nasdaq Wednesday morning, saying the last eight years of “restrictive, punitive, redundant and overlapping regulations” explain why the economic recovery has been so slow. A key part of the problem, he said, was the “vilification” of the financial sector.

“That’s one of the primary reasons we are stuck in an economy with a glass ceiling of 2 percent growth,” Donohue said. “The bottom line is that the primary goal of financial regulation must not be financial stability alone. Growth must be the top priority.”