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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:  

March 9, 2011                                            Erica Hurtt (202) 457-8783

 

WASHINGTON, DC – Financial Services Forum President Rob Nichols released the following statement on the nomination of Gary Locke as ambassador to China:

"Secretary Locke is an excellent choice to represent U.S. interests in China.  Due to his extensive professional experiences and personal connections to China, Locke possesses a deep understanding of the region, its issues, and its people.

"The U.S.-China relationship is one of the most important bilateral trade relationships in the world. Between 2002 and 2007, the United States and China accounted for half of global economic growth. Without question, how this critical relationship is managed will greatly impact the growth and vitality of the U.S. and global economies in the 21st century.

"Locke’s work as Commerce Secretary and his experience as Governor of Washington State will prove invaluable to this post and help to foster and build on the important U.S.-China relationship.

"The Forum urges member of the Senate to move for swift confirmation of Secretary Locke." 

 

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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fsforum RT @petejryan: Recent research lends credence to @ForumPrez argument that the #TBTF phenomenon is fading http://t.co/UmkQymEr9I
fsforum Financial trades push back on commodities crackdown http://t.co/px3uzcwo1d via @hillsonthemoney
fsforum Forum,@SIFMA @ABABankingNews @FSRoundtable @IIBnews send comment letter on bank involvement in commodities activities http://t.co/mmIE3lQDf3

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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.