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
Huffington Post: Congress to take up financial reform, but will it be strong enough?
By Zach Carter, Media Consortium Weekly Audit
Huffington Post, April 6, 2010
Next week, the debate over financial reform will begin in earnest when Congress returns from its Easter break. Both political parties are gearing up for a major fight, and the stakes couldn't be higher. An out-of-control banking sector has cost the economy over 7 million jobs since 2007, and without major reforms, Wall Street could repeat this disaster in just a few years' time. But thanks to Wall Street's lobbying might, all of the necessary reforms are currently in jeopardy.
Key Reforms
Business Opportunity: Financial Reform and Its Potential Effects on Small Business: The Current Debate
By Kathleen C. Lanza
BusinessOpportunity.com, March 26, 2010
Pundits from all sides are arguing over the best approaches to financial reform… BusinessOpportunity.com takes a look at the debate over how the proposed Consumer Financial Protection Agency (CFPA) might impact the nation’s small businesses.
American Forum: Margot Dorfman, Business Owners Need a Strong Consumer Financial Protection Agency
By Margot Dorfman
Op-Ed Syndicated by American Forum, 3/16/10
The reckless and deceptive practices of our financial industry have devastated businesses, families and our economy. It is time for Congressional leaders to stop listening to financial industry lobbyists and start protecting the future of our nation. The U.S. Women's Chamber of Commerce believes the establishment of a strong Consumer Financial Protection Agency (CFPA) is a crucial step in reforming financial rules and restoring the trust we need to rebuild a thriving American economy.
CNBC: Big Issue For Voters Is Financial Reform
Forget Health Care: Big Issue For Voters Is Financial Reform
By Albert Bozzo, Senior Features Editor
CNBC, March 18, 2010
It’s not health care, stupid. It’s financial reform.
That’s what matters the most to voters.
Harvard Business Review: What Business Should Want Out of Financial Reform
By Justin Fox
Harvard Business Review, March 16, 2010
Senate Banking Committee Chairman Chris Dodd has unveiled the latest version of his financial reform bill. Despite the fact that Dodd decided to go it alone (that is, without the endorsement of Republicans Dick Shelby and Bob Corker), It's very much a compromise plan, meaning that we'll be hearing a lot from both consumer advocates and banking lobbyists about its flaws.
Mother Jones: The Chamber's Civil War in Washington
The Chamber's Civil War in Washington
By Josh Harkinson
Mother Jones, Mar. 15, 2010
At the same time that the US Chamber of Commerce is leading the fight [1] against health care reform and a carbon cap, one of its largest grassroots affiliates is strongly disagreeing with its stance in meetings with powerful lawmakers on Capitol Hill.
The State: Frank Knapp, Small-business credit crisis hurts economy
By Frank Knapp Jr.
Guest Columnist
The State (SC), Sun, Mar. 14, 2010
Small businesses are paying the price for an economic crisis they didn't create. To find solutions to this crisis, our government needs to listen to small-business owners, not the financial behemoths that caused the meltdown and then passed the buck.
Inside Business: Consumer Agency Pits Chamber vs. Chamber
By Michael Schwartz
Inside Business - Hampton Roads (VA) Business Journal, 3/12/10
The dramatic commercial paid for by the U.S. Chamber of Commerce to oppose the proposed federal Consumer Financial Protection Agency makes the issue seem dire.
It depicts a sleepless American, apparently haunted by economic woes, tossing and turning on cue with the voiceover and on-screen job loss stats.
Naked Capitalism: Tim Duncan, The Day After Groundhog Day for Financial Reform
Guest Post By Tim Duncan, Chairman of American Business Leaders for Financial Reform
Naked Capitalism, March 12, 2010
Marketplace: What Senate reform bill may leave out
Marketplace, March 10, 2010
The House passed its reform bill in December, but the Senate's version has been delayed for several weeks as senators haggle over what may or may not be in it. John Dimsdale reports.
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