Press Releases
In the News
- The Hill: Frank Knapp, Who owns the economy?
8/2/10 - Bloomberg BusinessWeek: No lobbying help for the little guys
7/29/10 - Portfolio: Small Businesses Face Dire Times With Little Support
7/27/10 - Washington Post: Chamber of Commerce losing battles
7/22/10 - New York Times: Small Businesses Go After Offshore Tax Havens
7/20/10 - Reuters: U.S. could lose $37 billion a year to tax havens
7/20/10 - Dow Jones: Sen Levin Seeks To Add Anti-Tax Haven Measure To Lending Bill
7/20/10 - Inc: Small Businesses Fight Offshore Tax Havens
7/19/10 - Huffington Post: How the U.S. Chamber of Commerce Sells Out Small Businesses and Local Communities
7/19/10 - Huffington Post: Bank Reform Groups Celebrate Final Passage
7/16/10
Resource Spotlight
Herald News: Bill Weightman Letter to Ed: Financial regulation reform is necessary
Herald News (NJ), 3/5/2010
The Consumer Financial Protection Agency Bill (CFPA) is coming up for a vote, and it is important to tell our senators and others that this bill is indeed vital for small businesses and consumers. I have signed a statement along with members of the U.S. Women's Chamber of Commerce, U.S. Hispanic Chamber of Commerce, and a broad alliance of small-business coalitions to make sure that this bill is not watered down, and does help to maintain a barrier against predatory lending — especially against propping up the big, reckless financial institutions that have led us down a path of almost ruin.
Inadequate regulation of lenders, especially the reckless practices of our big financial industry banks and firms, such as AIG — a recent loser of some $8 billion dollars — has devastated businesses, families and our economy.
A healthy economy is based on earnings, savings, trustworthy credit and fair competition — not by ripping off American families and small businesses. We must not repeat the mistakes of the past. We need a watchdog agency that does indeed regulate lending and credit, and looks out not for big financial institutions but small businesses and American families. A recent survey of more than 1,200 small-business owners from 13 states by the Main Street Alliance found that 67 percent of respondents support the creation of a Consumer Financial Protection Agency.
We must remind our lawmakers to vote for the little guy and the forgotten men and women of America.
Bill Weightman
Hardyston
http://www.northjersey.com/news/opinions/86493817_Herald_News__March_5__...
