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Financial Regulatory Reform

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New Rules of the Road for the Financial Sector  

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Global Engagement

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America's economic prosperity depends on active engagement with the global economy.

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Competitive Tax Rates

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Competitive tax rates fuel economic growth and job creation.

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Engagement with China

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The U.S.-China economic relationship is the most important bilateral relationship in the world today.  

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Economic Value of Large Financial Institutions

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Large financial institutions provide significant value to the U.S. economy and American investors, business owners, and savers.

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FOR IMMEDIATE RELEASE:                CONTACT:  

January 25, 2011                                   Jen Scungio (202) 457-8759

                                                             This email address is being protected from spambots. You need JavaScript enabled to view it.

 

WASHINGTON, D.C. – Financial Services Forum President and COO Rob Nichols issued the following statement in response to President Obama’s State of the Union Address to Congress:

"We applaud President Obama's call in the state of the union to 'win the future' by innovating, educating, building, and streamlining government.

"What is needed now is an agenda of specific policy proposals for accelerating economic growth, creating jobs, and reducing the national debt. 

"Our nation is confronted by many challenges that will require a renewed commitment to bipartisan ship and cooperation.

"In his address, the President reminded the Congress and the American people that by working together and focusing on what unites us, we can achieve big things.

"We are particularly encouraged by the President's positive new tone toward business, and are hopeful that the Administration will follow up with specific initiatives to promote business formation, investment, innovation, competitiveness, trade and exports, economic growth, and job creation.

"The Forum welcomes the opportunity to work with the President and leaders in Congress from both parties, because business and government working together is the critical combination required to ensure full economic recovery and jobs for every American who wants to work -- goals we all share."

 

The Financial Services Forum is an economic and financial policy organization comprised of 20 chief executive officers of the largest and most diversified financial institutions with business operations in the United States. The Forum’s purpose is to promote policies that enhance savings and investment in the United States, and that ensure an open, competitive, and sound financial services marketplace.

 

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Press Inquiries

For press inquiries please contact:

Laena Fallon

Vice President for Communications

This email address is being protected from spambots. You need JavaScript enabled to view it.

Phone: (202) 457-8783

 

Jen Scungio

Senior Associate for Communications & Social Media

This email address is being protected from spambots. You need JavaScript enabled to view it.

Phone: (202) 457-8759

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The Financial Services Forum is a non-partisan financial and economic policy organization comprising the CEOs of 18 of the largest and most diversified financial services institutions doing business in the United States.

The purpose of the Forum is to pursue policies that encourage savings and investment, promote an open and competitive global marketplace, and ensure the opportunity of people everywhere to participate fully and productively in the 21st-century global economy.