Chamber of Commerce
Commentary
The Chamber of Commerce Does Not Care About Unemployment
Cry Wolf Quotes
Our concern is that ... it will create a one-size-fits-all federal system that will marginalize both directors and shareholders.
[The Consumer Product Safety Act] provides no meaningful protection for trade secrets or confidential company information… this empty standard is patently dangerous to our competitive system.
[The legislation to permit consumer class actions] “is only nominally an act ‘to extend protection against fraudulent or deceptive practices.’ It is more accurately an act to line the pockets of ingenious attorneys. If this bill passes, the lawyers will be in high cotton; their client consumers will be still hoeing the short row.
Proponents of Federal equal pay at times say that variations in State laws indicate a need for a Federal law which will promote uniformity. Such a contention is unsound. A certain amount of experimentation is desirable to find the type of law that works best. The efforts in the 22 States [with equal pay laws already on the books] amount, in effect, to laboratories of experiment….This opportunity for the 50 States to learn from one another is highly desirable. It would be forever lost once Federal legislation takes effect.
Backgrounders & Briefs
Industry Repeats Itself on Financial Reform
As the nation approaches the first anniversary of the Dodd-Frank financial reform law, opponents are claiming that the new measure is extraordinarily damaging, especially to Main Street. But industry’s alarmist rhetoric bears striking resemblance to the last time it faced sweeping new safeguards: during the New Deal reforms. The parallels between the language used both then and now are detailed in a report released today by Public Citizen and the Cry Wolf Project.
Resources
U.S. Chamber Watch is a watchdog organization focused on the U.S. Chamber of Commerce's agenda and influence.