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Financial Regulatory Reform

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New Rules of the Road for the Financial Sector

Global Engagement

America's economic prosperity depends on active engagement with the global economy.

Competitive Tax Rates

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Competitive tax rates fuel economic growth and job creation.

Engagement with China

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The U.S.-China economic relationship is the most important bilateral relationship in the world today.

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.

Forum President and COO Rob Nichols on House Vote on the Emergency Economic Stabilization Act of 2008

Sunday, 28 September 2008 19:00

WASHINGTON, D.C. – The Financial Services Forum’s President and COO Rob Nichols released the following statement in response to the failed passage of the House of Representatives Vote on the Emergency Economic Stabilization Act of 2008:

"This is a complex issue. There are many reasons why we are where we are, and an important policy debate is necessary in the future to deal with every aspect of this situation. That said, the immediate crisis facing our credit system still exists. What is important now is to do what is necessary to permit the credit markets and financial system to operate in the way the economy needs to grow and create jobs.

"We urge Members of Congress to work together in the days ahead to pass this critically important legislation that will help to restore market stability and increase credit availability for Americans. Swift action must occur to get the U.S. economy on the road to recovery and economic growth."

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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.