Regulatory Reform

The Chamber recognizes the need for smart regulations to ensure workplace safety and protect public health. But with a $2 trillion price tag in compliance costs and an increasing number of huge and complex rules, it’s clear the regulatory system isn’t working the way it should.

Americans deserve a working regulatory system that is fair for everyone, takes into account the views of communities and businesses, evaluates the impact rules will have on jobs and small businesses, and protects our economic and personal freedoms.

Projects and Programs

 

 

Priorities for 2018

  • Work with the administration and individual agencies on the various regulatory relief programs initiated by the administration in 2017.
  • When necessary, defend the regulatory relief actions both through the formal rulemaking process and ensuing litigation.
  • Continue to push for improved regulatory analysis in the rulemaking process, including the adoption of such analysis by independent agencies.
  • Advocate for broad-based regulatory reform, especially the enactment of the Regulatory Accountability Act.
  • Advocate for permanent reforms to the often-abused “sue and settle” process, especially enactment of the Sunshine for Regulatory Decrees and Settlements Act.

Recent Activity

LetterMay 21, 2018 - 12:45pm

Key Vote Alert! - S. 2155, the "Economic Growth, Regulatory Relief, and Consumer Protection Act"

This Key Vote Alert! letter was sent to all members of the U.S. House of Representatives in support of S. 2155, the “Economic Growth, Regulatory Relief, and Consumer Protection Act.”

ReportApr 26, 2018 - 4:30pm
Cover Image of the Report

EXPANDING THE ON-RAMP: Recommendations to Help More Companies Go and Stay Public

Going public” has long been the goal of entrepreneurs who start a business from scratch, grow it into a thriving enterprise, then have the opportunity to offer shares to the general public through an initial public offering (IPO).

EventApr 26, 2018 - 8:30am to 2:30pm
12th Annual Capital Markets Summit Title Image

12th Annual Capital Markets Summit: Financing the Future of American Business

Join CCMC at the 12th Annual Capital Markets Summit to discuss Washington’s renewed efforts to create the best financial regulatory system for businesses, consumers, and investors alike. At the Summit, we bring together high-level attendees, major media outlets, and leaders from the public and private sectors, to broadly focus on the state of financial regulation and the impact on the economy’s ability to grow.

Press ReleaseApr 26, 2018 - 8:00am

U.S. Chamber and Partners Make Recommendations to Reverse Decline in IPOs, Expand America’s Public Capital Markets

WASHINGTON, D.C. — The U.S. Chamber of Commerce, along with a host of partner organizations representing a diverse cross-section of the American economy, issued a new report today that offers a slate of recommendations for strengthening U.S.

Press ReleaseApr 18, 2018 - 5:30pm

U.S. Chamber Statement on SEC Best-Interest Proposal Package

WASHINGTON, D.C. — U.S. Chamber Center for Capital Markets Competitiveness President and CEO David Hirschmann issued the following statement in response to today’s open meeting of the Securities and Exchange Commission (SEC): “We appreciate the efforts of the SEC that led to these proposals for a best-interest standard for all investors.

ReportApr 18, 2018 - 1:45pm

Summary of the Global Business Coalition

GBC relies on a simple, flexible and informal setup that allows its member associations to exchange genuine views and develop direct and trustworthy relationships. Decisions are taken by consensus and all GBC members benefit from the same rights. The overall policy leadership is ensured by a President, chosen from one of the member organizations and rotating every two years, or so. Coordinated action and implementation of GBC’s initiatives is ensured by sherpas.

ReportApr 18, 2018 - 1:15pm

Introduction to the GBC

The Global Business Coalition brings together leading independent business associations from the major world economies and advocates on behalf of more than 6.8 million small, medium and large companies. Established in 2012, GBC formerly known as the B20 Coalition), operates asa worldwide platform of exchanges between national business communities.

Above the FoldMar 19, 2018 - 9:00am
Senate banking bill passage

Banking Bill Can Fuel the Growth Engine

In a heartening display of bipartisan cooperation, the U.S. Senate passed a badly needed fix to banking regulations.

Press ReleaseMar 14, 2018 - 6:30pm

U.S. Chamber President Praises Senate Passage of Bank Relief Legislation

WASHINGTON, D.C. — U.S. Chamber President and CEO Thomas J. Donohue issued the following statement today in response to U.S. Senate passage of S. 2155, the “Economic Growth, Regulatory Relief, and Consumer Protection Act,” which will alleviate regulatory burdens for America’s local and community banks:

LetterMar 14, 2018 - 2:15pm

Hill Letter to House Oversight Committee Supporting H.R. 50, the Unfunded Mandates Information and Transparency Act

Dear Chairman Gowdy and Ranking Member Cummings: The U.S. Chamber of Commerce supports H.R. 50, the “Unfunded Mandates Information and Transparency Act of 2017.”