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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: 

May 17, 2012                                             Jen Scungio, 202-457-8759

                                                                              

FORUM COMMENDS SENATE CONFIRMATION OF FEDERAL RESERVE BOARD NOMINEES

 

WASHINGTON, D.C – Forum President and CEO Rob Nichols released the following statement on today’s Senate confirmation of Harvard University professor Jeremy Stein and former Treasury Department official Jerome Powell to the Federal Reserve Board of Governors:

“We are pleased the Senate has confirmed Jeremy Stein and Jerome Powell to the Federal Reserve Board.  As a result, the Federal Reserve Board will be at full strength for the first time since 2006.  Stein’s and Powell’s expertise will be critical at this consequential time for our economy."

 

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: www.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 .@SenateBanking to vote on pending @federalreserve nominees Fischer, Powell, Brainard on Tuesday 4/29 http://t.co/U2B3bgQvnt
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fsforum Big Banks Dispute Fed's Case for Physical Commodities Restrictions http://t.co/gnkYrAQR18 via @AmerBanker's @donnaborak
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fsforum RT @petejryan: Recent research lends credence to @ForumPrez argument that the #TBTF phenomenon is fading http://t.co/UmkQymEr9I

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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.