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Press Releases
In the News
- Fox Business News: Ex-Citigroup Chairman Says Consumer Agency Makes Sense
2/4/10 - Biz570.com: Business owners urge Senate to approve Consumer Financial Protection Agency
2/4/10 - Dow Jones Newswire: Ex-Citigroup Chairman Says Consumer Agency Makes Sense
2/3/10 - Portland Business Journal: Proposed finance protection agency draws barbs, praise
1/29/10 - Main Street Alliance: Policy Pulse: Small Business Views on Financial Reform
1/28/10 - SmartBrief: Women's Chamber of Commerce supports creation of CFPA
12/22/09 - Washington Business Journal: Consumer agency could further tighten credit, opponents contend
12/21/09 - Dallas Business Journal: Unveiling Wall Street reform
12/18/09 - Bloomberg: U.S. House Debates Financial Rules Revamp Amid Clash Over Fund
12/10/09
Resource Spotlight
Business Sign On Supporting Consumer Financial Protection Agency
Business People click here to Sign Statement.
Reckless and deceptive financial practices devastated businesses, consumers and our economy. We need a strong watchdog for financial product safety, fair competition and accountability. But bank lobbyists are working hard to kill the Consumer Financial Protection Agency in the Senate. Please Join U.S. Women's Chamber of Commerce CEO Margot Dorfman, Main Street Alliance Director Sam Blair, Seventh Generation Chairman Jeffrey Hollender, Atlanta Women in Business Founder Lya Sorano, Credo Mobile President Michael Kieschnick, American Made Alliance Founder Wendy Rosen and hundreds of business owners nationwide signing and circulating our statement.
See Inaugural Signatories List in Formation
New Campaign: Business and Investors Against Tax Haven Abuse
End tax dodging and support a level playing field for business by enacting strong legislation to stop tax haven abuses. Offshore tax havens reward tax evaders, rob public coffers of needed revenue and offload taxes to responsible businesses and households. Everyone needs to pay their fair share to keep America moving forward. An estimated $100 billion or more in tax revenue is lost every year to tax havens. Our economic progress is undermined when companies are rewarded for financial manipulation rather than innovation and productive investment.
See the full statement and sign the petition.
Business for a Fair Minimum Wage
Don't Let Business Groups Against Raising the Minimum Wage Speak For You. Join nearly 1,000 owners and managers - including the CEOs of Costco, Addus HealthCare, ABC Home, Eileen Fisher, U.S. Women's Chamber of Commerce -and small business owners in every state who support a higher minimum wage.
Sign On Here To Support Raising the Minimum Wage.
View Signatories in formation.
Quotable Quotes
Honest and affordable credit is fundamental to business success and nurturing the innovation needed to keep the U.S. competitive in the world economy. Sadly, many financial institutions have let us down and in the process shaken our faith in the integrity of our system. While 'profit' based on delivering real value to customers is at the heart of our economy, 'greed' is not. In this case, a lack of appropriate regulation has hurt America and American businesses. We can and must do better."
-Alan Gregerman, President, Venture Works, Silver Spring, MD
Currently, it's difficult for average citizens or small business to get a fair deal in the credit market. Big bank and credit industry lobbyists fight to hide the risks in investments, which puts our national prosperity at risk and serves no public good. What the anti-regulators see as more bureaucracy, I see as federal employees whose job will be to look out for the interests of the average citizen and the small investor, and to secure the credit access of small and medium size businesses.
Lew Prince, CEO/Co-Owner, Vintage Vinyl, St. Louis, MO
It's high time we did something to rein in lenders that take advantage of unsuspecting borrowers with 'fine-print' clauses. If we don't act now, banks and mortgage companies will be back to 'business as usual' quickly, leading to another financial disaster."-Jon Tepper, President, J. Tepper Group, Newton, MA
The subjects of the state ought to contribute toward the support of the government, as nearly as possible, in proportion to their respective abilities; that is, in proportion to the revenue which they respectively enjoy under the protection of the state."
-Adam Smith, The Wealth of Nations, 1776
I like to pay taxes. With them I buy civilization."
-Oliver Wendell Holmes, Supreme Court Justice
The increase in the minimum wage is long overdue. Paying your employees well is not only the right thing to do but it makes for good business."
-Jim Sinegal, CEO, Costco
It is but equity...that they who feed, clothe and lodge the whole body of the people, should have such a share of the produce of their own labor as to be themselves tolerably well fed, clothed and lodged."
-Adam Smith, The Wealth of Nations, 1776
Solutions that depend on driving down costs by reducing wages and social benefits — in advanced countries or in emerging economies — are always dead ends…
Strategies based on exploiting low-wage labor end up in competitive jungles, where victories are vanishingly thin and each day brings a new competitor… The activities that succeed over time are, in contrast, those that build on continuous learning and innovation."
-Suzanne Berger, How We Compete: What Companies Around the World Are Doing To Make It in Today’s Global Economy (MIT Industrial Performance Center study of more than 500 companies)




