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 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.
Rep. Luetkemeyer introduced a bipartisan bill that rethinks how we approach bank supervision and prudential standards.
After two years of waiting, the Consumer Financial Protection Bureau released its anti-arbitration rule last week.
Tom Quaadman's testimony to the House Committee on Financial Services Subcommittee on Capital Markets, Securities, and Investment on the cost of being a public company in light of Sarbanes-Oxley and the federalization of corporate governance.
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 on the Consumer Financial Protection Bureau’s (CFPB) final rule to effectively prohibit class action waivers in consumer financial services contracts:
To Whom It May Concern:
What does Queen and banking have in common?
