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 U.S. Chamber of Commerce (“Chamber”) Center for Capital Markets Competitiveness (“CCMC”) appreciates the opportunity to comment on the Public Company Accounting Oversight Board (“PCAOB” or “Board”) proposed rules on Firm Reporting (the “Proposal”). The Chamber urges PCAOB to withdraw this proposal.
The U.S. Chamber of Commerce (“Chamber”) is deeply concerned with the proposal your agencies have announced to implement incentive-based compensation rules (“proposal”). The Chamber believes that the proposal violates Section 956 of the Dodd-Frank Wall Street Reform and Consumer Protection Act (“section 956” and “Dodd-Frank Act.”)[1] .
The U.S. Chamber of Commerce Center for Capital Markets Competitiveness appreciates the opportunity to comment on the Financial Accounting Standards Board Private Company Council as part of the Financial Accounting Foundation Board of Trustees’ review of the PCC and Request for Comment.
The U.S. Chamber was joined by 230 national assocations and state and local chambers in a letter to the Federal Trade Commission (FTC) requesting it stay the effective date of the Noncompete Rule to allow for judicial review.
How the Neo-Brandeisian agenda at the American Economic Liberties Project’s Anti-Monopoly Summit undermines U.S. economic vitality and competitiveness.
House Vote on the Financial Innovation and Technology for the 21st Century Act
This Hill letter was sent to the Members of the House Committee on Financial Services, on a markup in the committee on May 16.
75% of credit card users pay their bills on time. This CFPB rule would punish those who pay on time by raising their costs to cover those who don’t.
The Depository Institutions Deregulation and Monetary Control Act supports affordable access to credit