Finance
Free and efficient financial markets are essential to a diverse and growing economy. They allow businesses to succeed and individuals to build financial security. To support that system, we need smart regulation that ensures access to capital and credit, enables companies to go public, incentivizes innovation, and provides choice and access for investors while protecting consumers.
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To protect hometown businesses, more than 100 local chambers of commerce across America urge Biden Administration to scrap the “Basel III Endgame” banking rules.
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The U.S. Chamber promotes policies that ensure U.S. capital markets remain the fairest, most efficient, and innovative in the world. We advocate for legislation and regulation that strengthens our capital markets, allowing businesses—from the local flower shop to a multinational manufacturer—to mitigate risks, manage liquidity, access credit, and raise capital.
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If a change in public company audit standards is adopted, it would turn public company audits into wide-ranging investigations. And the cost to investors and public companies would be sky high.
This Hill letter was sent to the Members of the House Committee on Financial Services, on a markup in the committee on July 27.
New merger guidelines from the FTC and DOJ will undermine economic competitiveness.
