Financial Regulation

Businesses of all sizes need well-functioning and multi-faceted capital markets. Excessive and unnecessary banking and securities regulations constrain access to capital for businesses, making it harder for them to form and grow. The Chamber believes a free and efficient capital market system is essential to economic growth and innovation.

In addition, public companies are facing increasing outside pressure to focus on short term gains and special interests over long term wellbeing and investment. The Chamber is focused on rebalancing the system to reinvigorate the public company model.

Projects and Programs


Priorities for 2018

  • Alleviate the regulatory burden that is currently deterring companies from going public. Building off the success of the 2012 JOBS Act, the Chamber will advocate for a set of reform recommendations to help more companies go public.
  • Bring transparency and accountability to proxy advisory firms, modernize corporate disclosures, reform the shareholder proposal system, and expose special interest activism.
  • Enact legislation that provides broad relief to banks that offer critical main street financing, and pursue regulatory changes for those banks not afforded legislative relief.
  • Reform bank capital and liquidity rules to free up lending to small and midsize businesses, including by:
    • Pursuing legislation revising section 165 of the Dodd-Frank Act, such that application of enhanced prudential standards and supervision by the Federal Reserve is based on a multifactor risk assessment.
    • Advocating for recalibration of Basel III standards, the removal of these standards’ gold-plating by the Federal Reserve, broad relief for community banks, and reforms to the Dodd-Frank Act stress tests and comprehensive capital analysis and review.

Recent Activity

Above the FoldNov 06, 2017 - 9:00am
The Chamber applauds the repeal of the CFPB's arbitration rule

A Victory for Consumers—and for Justice

The repeal of the anti-arbitration rule is a major step in the right direction. It is a victory for consumers and businesses of all sizes.

LetterNov 01, 2017 - 1:45pm

H.R. 3903, the "Encouraging Public Offerings Act of 2017," and H.R. 1585, the "Fair Investment Opportunities for Professional Experts Act"

This letter was sent to members of the House in support of H.R. 3903, the "Encouraging Public Offerings Act of 2017," and H.R. 1585, the "Fair Investment Opportunities for Professional Experts Act."

Above the FoldOct 25, 2017 - 9:00am
Fiduciary Rule Infographic

Fiduciary Fallout: Identifying the Problem and Finding a Solution

We must find a solution that preserves investor choice and allows savers to retire with dignity.

Press ReleaseOct 24, 2017 - 10:15pm

U.S. Chamber Applauds Senate Vote to Undo CFPB’s Arbitration Rule

WASHINGTON, D.C. — U.S. Chamber President and CEO Thomas J. Donohue issued the following statement today following U.S. Senate passage of H.J. Res. 111, disapproving of the Consumer Financial Protection Bureau’s (CFPB) arbitration rule:

Above the FoldOct 13, 2017 - 10:45am
Header Photo

Dear Washington: Messages from Main Street on Financial Regulations, Part 2

One of the biggest challenges business owners face is accessing capital to grow their business.

AdOct 11, 2017 - 2:00pm

Arbitration Rule Radio Ad

Listen to the Chamber’s new radio advertisement calling on the Senate to take action and undo the rule.

Above the FoldOct 11, 2017 - 10:30am
Piggy bank on a pile of dollar bills.

Fiduciary Fallout: Labor Department’s Fiduciary Rule Straightjackets Investors

The key to a sound financial future lays in having a choice of savings options.

EventSep 19, 2017 - 8:30am to 11:00am

Proxy Season 2017

This is a breakfast ​event ​to ​discuss ​developments ​and ​issues ​that ​arose ​during ​the ​2017 ​proxy ​season ​and ​what ​could ​be ​in ​store ​for ​the ​next ​proxy ​season ​and ​beyond.

Above the FoldSep 15, 2017 - 3:00pm
Senator Elizabeth Warren (D-MA) arrives to a Senate Banking Committee hearing.

Senator Warren, the Fiduciary Rule Leaves Retirement Savers Holding the Bag

Congress should work towards ways to make it easier for Americans to save for retirement.

EventSep 07, 2017 - 12:00pm to 2:30pm

Fiduciary Duty: Assessing the Real World Impact

An interactive discussion new research indicating the Department of Labor's Fiduciary Duty Rule is not working.