Parade uses formaldehyde as example of failure to control unsafe chemicals

One of largest news magazines in the country, Parade, had a story this past weekend, Why Are So Few Chemicals Tested?:
"Under the TSCA, chemicals are presumed safe unless proven otherwise. However, the burden of proof is high, and the process can be influenced by politics. For example, although three major studies have shown that formaldehyde, a common ingredient in building materials, is linked to blood and lymphatic cancers and other illnesses, efforts by the EPA to restrict its use have failed thus far—because, some activists charge, of political and industry pressures."