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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Bank mergers help drive innovation and access to products and services for consumers. But proposed legislation could stifle deals at a time when new technologies and entrants are creating more competition than ever before.
This Hill letter was sent to Members of the House Committee on Financial Services on four bills to be considered during a markup on Tuesday, November 16.
Proposed antitrust legislation could impact the ability of everyone from individual entrepreneurs to multi-million-dollar companies to be acquired.