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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In an Opinion piece by Christopher Whalen, published by The Hill, the author finds similarities between CFPB leadership currently under Rohit Chopra and that of Richard Cordray.
Washington D.C. – Tom Quaadman, executive vice president of the U.S. Chamber's Center for Capital Markets Competitiveness issued the following statement regarding recent actions by Federal Deposit Insurance Corporation's (FDIC) board members to circumnavigate Chair Jelena McWilliams.
As reported by Sylvan Lane for The Hill, the CFPB, under Rohit Chopra's leadership causes turmoil by requesting public comment without approval from FDIC.
This Hill letter was sent to the Members of the Senate Committee on Commerce, Science, and Transportation, supporting S. 3311, a bill relating to the practice of "Zombie Voting" at the Federal Trade Commission.
The Consumer Financial Protection Bureau (CFPB) is preparing to collect new data from small businesses applying for credit. The new requirements come with privacy concerns and could make access to credit costlier.
