Wall Street Reform and Consumer Protection Act

Wall Street Reform and Consumer Protection Act

Cry Wolf Quotes

America is sinking under the crushing weight of the ever-expanding regulatory state. This burden threatens to disrupt our recovery, hamper long-term growth, undermine our global competitiveness, and suffocate the entrepreneurial spirit so vital to America's success.

-
Thomas Donohue, President of the Chamber of Commerce

Recently, Washington has been great at issuing overly complex and ineffective regulations—breeding uncertainty among America’s job creators and stifl ing their ability to grow the economy. To add insult to injury, Congress and the administration are considering myriad new regulations to pile on top of business owners, threatening to make it even harder to keep their doors open.

-
Chamber of Commerce ad in Politico. 2010

One of the principal impediments to job creation is uncertainty on the part of American companies, large and small. We've all watched as companies have sat on a lot of capital. They're uncertain about what tax policy is going to be. They're clearly uncertain about how health care costs. They're uncertain about all the regulations on capital markets.

-
Thomas Donohue, President of the Chamber of Commerce

This one-size-fits-all approach would distract directors from managing a company, lessen shareholders voice in proposals and director elections, and continue to disenfranchise retail shareholders.

-
R. Bruce Josten, Executive Vice president for Government Affairs with the Chamber of Commerce