U.S. Chamber Staff Photo credit: Nick Youngson, Alpha Stock Images. Licensed under a Creative Commons Attribution-ShareAlike 3.0 Unported license. Fill me in: Financial contracts like loans, securities, and derivatives reference financial benchmarks to set borrowing costs and interest rates. The London Interbank Offered Rate (LIBOR) is the key interest rate benchmark that shows the average… Read more about Quick Take: Your Primer on LIBOR Transition

Bill Hulse Pedestrians pass in front of a HSBC bank branch in New York City. Photo credit: Paul Taggart/Bloomberg. American businesses need banks of all shapes and sizes, including foreign banks, to meet their financing needs. In fact, foreign banks (also known as international banks or FBOs) provide healthy competition that contributes to efficient and… Read more about Here’s Why U.S. Businesses Need Foreign Banks to Thrive

Bill Hulse Photo credit: Diego Jimenez on Unsplash. In 1991, Tom Cochrane released his famous song, “Life is a Highway,” and Congress that year passed a major transportation funding bill. A big year for infrastructure to be sure, and one we are still struggling to push forward. But what is not as well known is… Read more about Life is a Highway – and We Can’t Drive It without the Insurance Industry