Political Quotes

“I also will include a letter from the Chamber of Commerce of the United States of America, signed by the executive vice president. The U.S. Chamber of Commerce, the world's largest business federation representing the interests of more than three million businesses and organizations of every size, sector, and region, strongly supports an amendment expected to be offered by Sens. Hutchison and Klobuchar to S. 3217 . . . which would maintain Federal Reserve Board oversight of state member banks and smaller holding companies. I ask unanimous consent to have this letter printed in the Record. There being no objection, the material was ordered to be printed in the Record, as follows: Chamber of Commerce of the United States of America, Washington, DC, May 6, 2010. To the Members of the United States Senate: The U.S. Chamber of Commerce, the world's largest business federation representing the interests of more than three million businesses and organizations of every size, sector, and region, strongly supports an amendment expected to be offered by Senators Hutchison and Klobuchar to S. 3217, the ``Restoring American Financial Stability Act of 2010 (RAFSA),'' which would maintain Federal Reserve Board oversight of state member banks and smaller holding companies. S. 3217 would focus the attention of the Federal Reserve on just the largest institutions and could serve to limit the Federal Reserve's understanding of the importance of community banks.…”