Press Releases
In the News
- The Hill: Frank Knapp, Who owns the economy?
8/2/10 - Bloomberg BusinessWeek: No lobbying help for the little guys
7/29/10 - Portfolio: Small Businesses Face Dire Times With Little Support
7/27/10 - Washington Post: Chamber of Commerce losing battles
7/22/10 - New York Times: Small Businesses Go After Offshore Tax Havens
7/20/10 - Reuters: U.S. could lose $37 billion a year to tax havens
7/20/10 - Dow Jones: Sen Levin Seeks To Add Anti-Tax Haven Measure To Lending Bill
7/20/10 - Inc: Small Businesses Fight Offshore Tax Havens
7/19/10 - Huffington Post: How the U.S. Chamber of Commerce Sells Out Small Businesses and Local Communities
7/19/10 - Huffington Post: Bank Reform Groups Celebrate Final Passage
7/16/10
Resource Spotlight
Margot Dorfman, America’s Small Businesses Want Strong Financial Reform
Statement of Margot Dorfman, CEO U.S. Women’s Chamber of Commerce, Press Teleconference, July 12, 2010
On behalf of the U.S. Women’s Chamber of Commerce and the millions of small businesses, employees of small businesses and communities all across the United States that rely upon growth and stability of small businesses, I call upon Congress and President Obama to complete a strong and effective package of financial reform.
Statement by Frank Knapp, Jr., S. Carolina Small Business Chamber of Commerce
Statement by Frank Knapp, Jr., president and CEO of The South Carolina Small Business Chamber of Commerce, Press teleconference, July 12, 2010
The last time Margot Dorfman and I were together pushing for Wall Street reform, it was April 21st of this year in a press conference at the U.S. Capitol with Senators Dick Durbin, Jack Reed and Michael Bennet.
Chambers of Commerce Leaders, US Rep. to Say How Strong Fin Reform Helps Business
PRESS CONFERENCE CALL, MONDAY, JULY 12, 10 AM ET
Contact: Bob Keener, 617/610-6766, bobkeener [at] businessforsharedprosperity [dot] org
WHAT: Business leaders will explain the merits of financial reform for small businesses.
WHO:
* Rep. Jim Himes (D-CT), former Goldman Sachs executive
* Margot Dorfman, CEO, U.S. Women’s Chamber of Commerce
* Frank Knapp, Jr., President and CEO, South Carolina Small Business Chamber of Commerce
WHEN: Monday, July 12 at 10 AM ET
WHERE (For Press Only): Call 951-262-4343. Passcode: 485413
American Prospect: Still at risk; Coalition of the Unwilling
By Heather McGee
American Prospect, June 2010
Diverse individuals and businesses are hurt by the financial system. Can they coalesce?
In theory, financial reform should dismantle the same deregulated system that produced toxic credit-default swaps and toxic credit cards. But on every aspect of financial reform except perhaps for basic consumer protection, the necessary structural reforms won't be passed in 2010. If the greatest financial-market meltdown in history couldn't spur deep, structural reform, what will?
American Forum: Camille Moran, Protect Small Business Owners Now Through Financial Reform
By Camille Moran
Syndicated by American Forum/Louisiana Forum, May 18, 2010
Wall Street's collapsing house of cards brought us a time of economic turmoil that most of us have not seen in our lifetimes. Patching the house of cards back together, though, will not bring us lasting recovery.
The Hill: Frank Knapp, Solutions to small business lending crisis
Op-Ed By Frank Knapp Jr.
The Hill, May 17, 2010
Members of Congress need look no further for the cause of voter unrest. The answer is in the Congressional Oversight Panel report released last week.
For many months now, small business owners have been trying to tell anyone who would listen that they are suffering from being largely shut out of the credit market. The Troubled Asset Relief Program (TARP) might have stabilized the nation’s too big to fail banks and our financial system, but small businesses know loans and credit lines from these giants are still scarce.
American Forum: Lew Prince, What’s the financial industry so afraid of?
By Lew Prince
Op-Ed Syndicated by American Forum, May 14, 2010
I’ve owned a small business in St. Louis for 31 years. Like most of my customers and my 26 employees, I watched as greedy hedge funds, irresponsible investment banks and unscrupulous mortgage companies decimated our savings, investments and pension funds, and nearly drove our country into another Great Depression. Now those same hedge funds, investment banks and mortgage companies are spending more than $1.4 million dollars a day (that’s right -- a day) to scuttle financial reform legislation in the U.S. Senate.
Protect Main Street Business, Not Wall Street Gambling
CONTACT: Bob Keener, 617-610-6766, bobkeener [at] businessforsharedprosperity [dot] org
Good Business International: The New Girls’ Club
By Monika Mitchell
Good Business International, May 12, 2010
Remember the Old Boys’ Club…? The boring, cranky, devious one that controls the banks, the economy and most of our wealth creation and money supply from behind the scenes? The one where nearly every key position in government is occupied by an Old Boy? Yes, that one.
Well, there are still a few lifetime members of the OBC firmly entrenched in the Federal Reserve (Grandpa Ben), and the Treasury (Timmy G and Larrykins) who continue to give all our money away to their ever-popular clubby friends.
The Street: Financial Reform: Good for Small Biz?
By Brian O'Connell
MainStreet/The Street Network, May 12, 2010
Are small businesses lining up behind the financial reform bill being bandied about in Congress right now?
Not specifically. Small business groups have been hectoring banks for two years now to open its credit lines and start lending to small businesses again. But that hasn’t been happening, and the reform bill doesn’t fix that.