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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:  

 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.

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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

Twitter

fsforum #TBTF Is Fading in U.S.'s Rearview Mirror, writes @ForumPrez Rob Nichols in @AmerBanker @BankThink op-ed http://t.co/WgG5vdD1ue
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fsforum RT @LaenaFallon: Morning must read: @ForumPrez in today's @AmerBanker "TBTF Fading in the Rear-View Mirror" http://t.co/FGss4fYi2O
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fsforum .@ForumPrez Rob Nichols' op-ed in @AmerBanker's @BankThink: #TBTF Is Fading in U.S.’s Rearview Mirror http://t.co/WgG5vdD1ue
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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.