WASHINGTON, D.C. – The Forum released the following statement from Forum President and COO Rob Nichols on the outcome of the 2008 election:

"The Financial Services Forum congratulates President-elect Barack Obama on a historic victory. The Forum salutes all of the contestants in yesterday's Congressional elections and their commitment to public service.

"At a time when the pace of economic growth and job creation have slowed significantly, America needs pro-growth policies that enhance the productive capacity and competitiveness of every U.S. business and worker. We at the Financial Services Forum are strongly of the view that both government and the private sector have an important role to play in formulating and implementing those policies. We look forward to serving the new Administration, the new Congress, and the new leadership as a resource of information and innovative policy proposals. Working together, government and the private sector can ensure that the U.S. economy remains open, strong, competitive, growing – and working for all Americans."

The Financial Services Forum is a non-partisan financial and economic policy organization comprised of the chief executive officers of 19 of the largest and most diversified financial institutions with business operations 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.