November 3, 2010 Erica Hurtt (202) 457-8783
Statement on 2010 Midterm Elections
WASHINGTON, D.C. – The Financial Services Forum released the following statement from Forum President and COO Rob Nichols on the outcome of the 2010 midterm elections:
“The Financial Services Forum commends all of the candidates in yesterday's midterm elections and their commitment to public service, and congratulates the winners.
"As the U.S. works to implement some of the most sweeping financial sector reforms in decades, getting the details right has never been more important to U.S. economic growth, job creation, and the financial security of American workers, investors, and savers. The Forum and its members are committed to working with the administration and both parties in Congress on programs and policies to accelerate the economic recovery and to help regulators put in place a supervisory framework that ensures institutional safety and soundness and systemic stability, while also fostering the conditions necessary to fuel economic growth and create jobs.
"We look forward to serving the new Congress, and the new leadership, as a thoughtful resource of information and policy proposals. We encourage lawmakers to support policies that will ensure credit availability and help U.S. businesses expand. By working together, the government and the financial sector can ensure that the U.S. economy remains open, strong, competitive, and growing, and meets the financial needs of American businesses, workers, consumers, and investors.”
The Financial Services Forum is an economic and financial policy organization comprised of 19 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.
For press inquiries please contact:
Vice President for Communications
Phone: (202) 457-8783
Senior Associate for Communications & Social Media
Phone: (202) 457-8759
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.