Donohue Reflects on Elections Vows to Work Across Party Lines
After an exhaustive election season, the U.S. Chamber took stock of the new political environment and laid out its strategy for strengthening the nation's sagging economy. Chamber President and CEO Tom Donohue answers questions about how business fared in the elections and what lies ahead.
(Q) Will the Chamber be able to work successfully with the new Congress and the new administration?Read more:.
While restoring stability and confidence in the economy is still job one, policymakers must soon turn their attention to another difficult, but necessary, task--reforming, restructuring, and improving our financial system and the regulations that govern it.
It's obvious to everyone that serious regulatory failures played a key role in creating today's economic crisis. Why were financial institutions allowed to over-leverage? Why weren't complex financial instruments like derivatives--which even many financial professionals didn't understand--regulated? Why didn't the appropriate officials keep a closer eye on companies and banks deemed too big to fail?
President-elect Barack Obama announced his selection of Eric Holder as the next attorney general. In light of this announcement, a review of Mr. Holder’s record on intellectual property (IP) issues offers an encouraging sign about the incoming administration’s commitment to enforce and improve IP rights.
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