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The story of how regulations have hindered banks’ ability to lend the capital Main Street businesses need to start and grow, and thereby hurting economic growth and job creation across the country.

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Joint Trade Letter of Support for Congressional Review Act on FSOC’s Nonbank Guidance Rule

The undersigned associations strongly support H.J.Res.120, a resolution of disapproval under the Congressional Review Act to nullify the Financial Stability Oversight Council (FSOC) rule “Guidance on Nonbank Financial Company Determinations.” Read More

U.S. Chamber of Commerce Comments on PCAOB’s Proposal Regarding False or Misleading Statements

The U.S. Chamber of Commerce (“Chamber”) Center for Capital Markets Competitiveness appreciates the opportunity to comment on the Public Company Accounting Oversight Board (“PCAOB” or “Board”) Exposure Draft on Proposals Regarding False or Misleading Statements Concerning PCAOB Registration and Oversight and Constructive Requests to Withdraw from Registration (the “Proposal”). Read More

How Government Micromanagement Hurts Responsible Credit Card Users

The CFPB issued a rule that would lower the allowed late fee charge by many credit card issuers, punishing consumers who pay their credit card bills on time. Read More

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