Financial Regulation | U.S. Chamber of Commerce

Financial Regulation

Capital goes where it is welcome, where it feels safe, and where it has a reasonable opportunity to earn a profit.  To maintain and advance its global leadership in capital formation, the United States must have the most fair, efficient, and innovative capital markets in the world.

We can’t achieve this without a modern and coherent financial services regulatory system.

In many ways, the government is moving us further away from well-functioning, well-regulated capital markets by producing a maze of overlapping, contradictory, and duplicative financial regulations. 

The U.S. Chamber is fighting for the kind of financial rulemaking that protects consumers and investors, encourages reasonable risk taking, doesn’t constrain innovation and growth or allow special interest groups to advance their agendas at the expense of all investors, and is coordinated with other economies and among the many domestic agencies that issue financial regulations.

Projects and Programs

 

Recent Activity

Above the FoldAug 07, 2017 - 9:00am

Protecting Consumers’ Right to Arbitration

The average payout for consumers in class action lawsuits is about $32 while the average plaintiff’s lawyer pockets $1 million.

Above the FoldAug 01, 2017 - 10:00am
John Minor Wisdom U.S. Court of Appeals Building in New Orleans.

Why Retirement Savers Should Pay Attention to a Federal Court in New Orleans

The Fiduciary Rule, an Obama administration regulatory relic, imposes high costs on Americans.

Above the FoldJul 26, 2017 - 11:00am
The House of Representatives Chamber at the U.S. Capitol.

House Says, ‘No!’ to CFPB’s Arbitration Rule

The CFPB wants to stop the use of an efficient, cost-effective dispute resolution tool for consumers and businesses.

Press ReleaseJul 25, 2017 - 5:30pm

U.S. Chamber Offers Recommendations to SEC on Shareholder Proposal Reform

Changes Would Help Protect Investors, Incentivize Businesses to Go Public, and Generate Economic Growth

LetterJul 24, 2017 - 1:00pm

Key Vote Letter to House in support of H.J. Res. 111, Disapproving CFPB's Anti-Arbitration Rule

TO MEMBERS OF THE HOUSE OF REPRESENTATIVES: 

Above the FoldJul 20, 2017 - 3:00pm
The Dime Savings Bank of Williamsburgh in the Brooklyn.

How We Can Help Banks Focus Less on Regulations and More on Main Street

Rep. Luetkemeyer introduced a bipartisan bill that rethinks how we approach bank supervision and prudential standards.

Above the FoldJul 19, 2017 - 3:30pm
CFPB Director Richard Cordray

Agency Goes Rogue on Arbitration Rule

After two years of waiting, the Consumer Financial Protection Bureau released its anti-arbitration rule last week.

TestimonyJul 18, 2017 - 8:45am

Tom Quaadman Testimony on the Cost of Being a Public Company in Light of Sarbanes-Oxley and the Federalization of Corporate Governance

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.

LetterJun 30, 2017 - 2:00pm

Request for Extension on DOL RFI

To Whom It May Concern:

Above the FoldJun 28, 2017 - 2:00pm
Freddie Mercury

Insight on Banking Regulation from David Bowie and Queen

What does Queen and banking have in common?