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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New Post-Implementation Data Indicates Investors Are Worse Served WASHINGTON, D.C. — The U.S. Chamber of Commerce today released new research that shows the harmful, unintended consequences of the Department of Labor’s fiduciary rule.
Tom Quaadman's testimony to the House Committee on Financial Services Subcommittee on Financial Institutions and Consumer Credit during a hearing on legislative proposals for a more efficient federal financial regulatory regime.
Tax reform, health care, regulatory reform, and international trade have all been priorities for the Chamber in the second quarter of this year. From events to testimonies and everything in between, it's been a busy season at the U.S. Chamber of Commerce. Scroll along to see photo highlights from the second quarter.
The average payout for consumers in class action lawsuits is about $32 while the average plaintiff’s lawyer pockets $1 million.
The Fiduciary Rule, an Obama administration regulatory relic, imposes high costs on Americans.
The Securities and Exchange Commission is often referred to as “Wall Street’s regulator,” and when people think about the SEC, their minds can often turn to the movies where lawyers in trench coats show up to bust somebody for bad behavior.
The CFPB wants to stop the use of an efficient, cost-effective dispute resolution tool for consumers and businesses.
Changes Would Help Protect Investors, Incentivize Businesses to Go Public, and Generate Economic Growth
WASHINGTON, D.C. — Lisa A. Rickard, president of the U.S. Chamber Institute for Legal Reform (ILR), and David Hirschmann, president and CEO of the U.S. Chamber Center for Capital Markets Competitiveness (CCMC), issued the following statement today following House passage of H.J. Res. 111, disapproving of the CFPB’s arbitration rule:
TO MEMBERS OF THE HOUSE OF REPRESENTATIVES: The U.S. Chamber of Commerce (“Chamber”) urges you to support H.J. Res. 111, which would undo a rule left over by the Obama Administration and recently finalized by an out of control Consumer Financial Protection Bureau (CFPB). The Chamber will consider including votes on, or in relation to, this bill in our annual How They Voted scorecard.