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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What small businesses and corporations need to know about financing and financial regulations.
In Franz Kafka’s The Trial, a man is prosecuted by a remote, inscrutable authority. With the nature of his offense unclear and the court’s jurisdiction ambiguous, the entire process becomes bewildering and interminable. As he navigates a labyrinth of bureaucratic traps, the proceedings themselves “gradually merge into the judgment.” Ultimately, Kafka’s character is deemed guilty, without ever hearing the charges against him or having a chance to defend himself.
The U.S. Chamber of Commerce sent comments to the CFPB regarding its collection of information regarding mobile disclosures.
Contactless payment and digital currencies are promising technologies that are expanding both in the United States and internationally.
Washington, D.C. — The U.S.
The three main industries potentially subject to increased taxes on carried interest capital gains are private equity (PE), venture capital (VC), and real estate partnerships. These firms and their portfolio companies account for over 25 million American jobs and provide annual estimated combined federal, state, and local tax revenues of over $493 billion.
This Hill letter on S. 2417, the “Credit Access and Inclusion Act of 2021” was sent to Members of the Senate Committee on Banking, Housing and Urban Affairs.
