I can't see a good reason to get rid of this. The top three arguments for repeal are an argument for small government, an argument that the business have the paperwork forced on them and an argument that this was something passed without the people's consent and sets precedent for that. To the first argument - I think regulating businesses does have to happen at a federal level and is necessary. I don't think our economic model builds morality into itself; humane practices tend to impede profits most of the time and I think regulation is a key approach to discourage companies from participating in such practices. Not to say that individuals in companies are somehow inherently immoral but it is easier to move blame around in such a organizational structure (that's a separate longer discussion). The second argument really comes into play if you can't maintain the paperwork. There was already a law requiring people to keep records for 30 days, the rule this bill will remove just extended it so the paperwork had to be done one way or another. The last argument has a good point but I don't think precedent was set by the previous administration. It strikes me as a result of having a two party system - when power alternates between parties, the ones in power seek to establish legacy of their philosophy while the other side seeks to dismantle. All in all I see a lot of pragmatism in record keeping and accountability.