Olimometer 2.52

Chamber’s Defense of Forced Arbitration Falls Apart

  By Dan Dudis, Director of U.S. Chamber Watch   On Tuesday, the Senate Banking Committee held a hearing that was ostensibly supposed to “assess the effects of consumer finance regulations.” Unfortunately, instead of actually attempting to assess the effects of these regulations, the committee’s Republican leadership seemed far more interested in conducting a show …

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Chamber of Commerce Weather Forecast for Capitol Hill: Make it Rain

By Dan Dudis, Director of U.S. Chamber Watch With the presidential campaign dominating the airwaves, social media feeds, and dinner table conversations across America, it’s easy to forget that there’s another equally important election taking place this November: the race for control of Congress.   You can be sure that the United States Chamber of …

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Undermining the FSOC: Chamber Seeks to Roll Back Regulations On Massive Nonbank Financial Institutions

The U.S. Chamber of Commerce has strongly opposed centralized oversight of “nonbank” financial companies that precipitated the 2008 financial crisis and has fought to help a major contributor avoid heightened standards, according to a new report from Public Citizen’s U.S. Chamber Watch.   This analysis is the last in a series of three reports on the …

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Undermining the CFPB: Chamber Seeks Light Regulation of Credit Cards by Limiting Powers of the Consumer Financial Protection Bureau

As congressional Republicans threaten to shut down the government over ideological policy provisions including an attempt to eviscerate the U.S. Consumer Financial Protection Bureau (CFPB), Public Citizen’s U.S. Chamber Watch released a report documenting the business lobby’s efforts and arguments against the new agency’s benefits to consumers.   The analysis is contained in the second of three …

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Undermining Dodd-Frank: A Critical Review of the 2015 “Fix. Add. Replace. (FAR)” Agenda of the Center for Capital Market Competitiveness at the U.S. Chamber of Commerce

  by Editor   The U.S. Chamber of Commerce’s sweeping attacks against Wall Street reform are based on policies unsupported by evidence, harmful to small business and consumers, and largely beneficial to Wall Street, according to an analysis by Public Citizen’s U.S. Chamber Watch.   The analysis is contained in the first of three reports …

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Not Buying It: Countering the Chamber’s Anti-Class Action Accounts

By Susan Harley, Deputy Director of Public Citizen’s Congress Watch division   Lawmakers should not set great store by the U.S. Chamber of Commerce’s April testimony from attorney John Beisner before the U.S. House of Representatives’ Committee on the Judiciary. In his testimony, Beisner advocated legislation to prevent what he labels “overbroad” or “no-injury” class …

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U.S. Chamber’s New Primary Focus Puts Incumbents in Crosshairs

 By: Aurora Randolph, Congress Watch legal fellow   Massive troves of United States Chamber of Commerce (U.S. Chamber) money in elections are hardly a new occurrence. The Chamber spent $70 million helping elect Republicans in 2014. But as rogue right-wing Republicans continue to yank on the leash of their establishment conservative leadership, reality seems to …

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