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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The Consumer Financial Protection Bureau's (CFPB) recent actions against financial service providers may hurt innovation and consumer choice in the marketplace.
The North American Securities Administrators Association’s (NASAA) Regulation Best Interest (Reg BI) Implementation Committee (Committee) conducted two surveys with the stated purpose of measuring the impact of the U.S. Securities and Exchange Commission’s (SEC) Reg BI and level of compliance with the regulation. While any effort to measure the effect of public policy is laudable, a careful review of the Committee’s research effort uncovered significant deficiencies, including the notable failure to follow eight well-established and critical survey research practices. The flaws in the design and execution of this research mean that its findings and conclusions cannot be relied upon as accurate measures of firm behavior, compliance with Reg BI, the impact of the regulation, or the extent to which the interests of investors are well-served.
This Hill letter was sent to the Members of the Senate Committee on the Judiciary, opposing S. 2710, the "Open App Markets Act."
This Hill letter was sent to Members of the United States Senate supporting the nomination of Reta Jo Lewis to serve as President and Chair of the Export-Import Bank of the United States.
With more consumers looking to use cryptocurrencies as payment for goods and services, many leaders across industries are increasingly asking if their businesses should start accepting digital currencies. Here are a few points to consider.
This Hill letter was sent to the Members of the U.S. House of Representatives, on H.R. 4521, the "America COMPETES Act."