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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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WASHINGTON, D.C. – The Financial Services Forum's President and COO Rob Nichols released the following statement in response to the announcement of the Emergency Economic Stabilization Act of 2008:

"The Forum applauds Congress and the Administration for putting together a thoughtful, bipartisan, and innovative plan to address the current financial crisis. Congress should be commended for placing the financial health of our country and the jobs, savings, and homes of Americans ahead of partisan politics. This plan is necessary to restart the credit markets and put the U.S. economy back on a path to recovery and economic growth.

"Just as the cardiovascular system is the essential, life-sustaining system of the body, the financial system is the essential basis upon which the growth and vitality of all other sectors of the economy depend. Money and credit are the lifeblood of any economy’s strength and well-being, enabling the investment, research, and risk-taking that fuels growth, competition, innovation, productivity, and prosperity.

"We believe this legislation is critically important and should be enacted into law at the earliest possible time in order restore market stability and increase credit availability for Americans. We urge members of the House of Representatives to support this legislation today."

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 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.