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 a heartening display of bipartisan cooperation, the U.S. Senate passed a badly needed fix to banking regulations.
WASHINGTON, D.C. — The U.S. Chamber of Commerce, Financial Services Institute, Financial Services Roundtable, Insured Retirement Institute, and Securities Industry and Financial Markets Association released the following statement today on a decision in favor of the plaintiffs by the U.S. Court of Appeals for the Fifth Circuit regarding a legal challenge to the Department of Labor’s fiduciary rule:
WASHINGTON, D.C. — U.S. Chamber President and CEO Thomas J. Donohue issued the following statement today in response to U.S. Senate passage of S. 2155, the “Economic Growth, Regulatory Relief, and Consumer Protection Act,” which will alleviate regulatory burdens for America’s local and community banks:“It can be tough to achieve anything on a bipartisan basis these days, but members of the U.S. Senate proved today that helping small businesses and boosting economic growth are goals we can all get behind.
This letter was sent to all members of the House in support of H.R. 910, the "Fair Access to Investment Research Act of 2017" and H.R. 1312, the "Small Business Capital Formation Enhancement Act."
TO THE MEMBERS OF THE UNITED STATES SENATE: The U.S. Chamber of Commerce supports S. 2155, the “Economic Growth, Regulatory Relief, and Consumer Protection Act,” which would better tailor regulations for community and regional banks. The Chamber will consider including votes on, or in relation to, this bill in our annual How They Voted scorecard.
Bank regulation has curtailed the ability of community and regional banks to serve small businesses.
Brian O'Shea's testimony to the U.S. Senate Judiciary Committee on Beneficial Ownership: Fighting Illicit International Financial Networks Through Transparency
Mutual fund shareholders would have the option of accessing their shareholder reports and other relevant documents online.
WASHINGTON, D.C. — U.S. Chamber President and CEO Thomas J. Donohue issued the following statement today following Jerome H. Powell’s confirmation as chairman of the Federal Reserve:
Donohue Urges Leaders to Pursue Stronger, Sustained, Shared Economic Growth WASHINGTON, D.C. — U.S. Chamber President and CEO Thomas J. Donohue, in his annual “State of American Business” address today, reflected on 2017 as a breakthrough year for economic growth as he outlined a forward-looking policy agenda to build on gains and put America on a path toward meaningful, long-term prosperity.
