ja_mageia

Financial Regulatory Reform

Tagline

By Administrator

New Rules of the Road for the Financial Sector  

More...
Global Engagement

Tagline

By Administrator

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

More...
Competitive Tax Rates

Tagline

By Administrator

Competitive tax rates fuel economic growth and job creation.

More...
Engagement with China

Tagline

By Administrator

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

More...
Economic Value of Large Financial Institutions

Tagline

By Administrator

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

More...
Frontpage Slideshow | Copyright © 2006-2012 JoomlaWorks Ltd.
  • Narrow screen resolution
  • Wide screen resolution
  • Decrease font size
  • Default font size
  • Increase font size

FOR IMMEDIATE RELEASE:                    CONTACT: 

April 5, 2012                                             Jen Scungio, 202-457-8759

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

                                                                             

FORUM COMMENDS FINAL PASSAGE OF ‘JOBS ACT’

WASHINGTON, D.C. — Financial Services Forum President and CEO Rob Nichols issued the following statement upon the signing of H.R. 3606: “The Jumpstart Our Business Startups (JOBS) Act” by President Obama today:

“The Forum applauds the signing of the JOBS Act by President Obama this afternoon.   The JOBS Act is a positive step toward ensuring greater access to capital for small businesses and entrepreneurs, spurring growth, and creating jobs for America.

“Research by the Ewing Marion Kauffman Foundation has demonstrated that virtually all net new job creation in the United States over the past 30 years has come from businesses less than a year old – true “start-ups.”  And polling released by the Financial Services Forum and the Small Business and Entrepreneur Council last Fall found that access to capital continues to be a major challenge for new businesses.

“The JOBS Act addresses the concerns of new businesses by promoting innovation and enhancing the conditions for our job creators and job seekers.  We look forward to observing the impact the legislation will have on small businesses and entrepreneurs in our recovering economy.

“We additionally commend the work of Senators Pat Toomey (R-PA), Jon Tester (D-MT), Jerry Moran (R-KS), Mark Warner (D-VA), John Thune (R-SD), Charles Schumer (D-NY), Scott Brown (R-MA), and Tom Carper (D-DE), who have all focused on the importance of small businesses and startups, and have authored bills that are included in the overall JOBS Act package.  We also thank Congressman Stephen Fincher (R-TN) for his leadership in the House on these important issues.” 

The Financial Services Forum is a non-partisan financial and economic policy organization comprising the CEOs of 20 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.

 

Follow the Forum on Twitter: http://twitter.com/fsforum

 

###

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

Twitter

fsforum Forum,@SIFMA @ABABankingNews @FSRoundtable @IIBnews send comment letter on bank involvement in commodities activities http://t.co/mmIE3lQDf3
18hreplyretweetfavorite
fsforum #TBTF Is Fading in U.S.'s Rearview Mirror, writes @ForumPrez Rob Nichols in @AmerBanker @BankThink op-ed http://t.co/WgG5vdD1ue
fsforum RT @LaenaFallon: Morning must read: @ForumPrez in today's @AmerBanker "TBTF Fading in the Rear-View Mirror" http://t.co/FGss4fYi2O

Company logos

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.