The U.S. Chamber in the News - October 11

Oil, business groups sue SEC over disclosure rule
Oil industry groups and the U.S. Chamber of Commerce are asking a federal court to overturn new Securities and Exchange Commission rules that will force oil, gas and mining companies to disclose their payments to foreign governments. The rules have been championed by an array of anti-poverty and human rights groups, and backers range from Bono to Bill Gates to George Soros.  [The Hill]

State Court Justice, for Sale or Rent
The U.S. Chamber of Commerce, in particular, has become a powerful player in judicial races. From2001 to 2003 its preferred candidates won 21 of 24 elections. According to data from the National Institute on Money in State Politics, the chamber spent more than$1 million to aid the 2006 campaigns of two Ohio Supreme Court justices, and in the most recent high court election in Alabama, money from the state's chamber accounted for 40 percent of all campaign contributions.
[The Atlantic]

Corporate Lobbyists Run Almost Every Pro-Romney Super PAC

Steven Law is president of Crossroads GPS and American Crossroads, the outside spending groups founded by Karl Rove. Law came to Rove from the US Chamber of Commerce, where he worked as a lawyer on the Chamber’s lobbying team. Law’s name appears on disclosures showing he played a role on the Chamber’s efforts to bail out the big banks, fight caps on bonuses to AIG and push for corporate tax cuts.
[The Nation]

U.S. Chamber of Commerce endorses McMahon for Conn Senate seat
The Linda McMahon for Senate campaign announced today that the U.S. Chamber of Commerce has endorsed Linda McMahon’s candidacy for the U.S. Senate.  [NorwalkPlus]

Just In

How can you tell that momentum is building for change?

Well, one good sign is that the opposition starts getting nervous about your progress.

That’s why we took it as a positive sign that the U.S. Chamber of Commerce recently stepped up attacks on shareholders who attempt to make companies disclose political spending.

Earlier this month, I attended an almost comical presentation at the U.S. Chamber headquarters where speakers spent most of a four hour event attacking political spending disclosure resolutions as being bad for business.

I say ‘almost’ comical because, while much of the information is laughably wrong, the subject matter is far too important to joke about.

There are a number of things wrong with what I heard at this event, but I’d like to focus on two disturbing claims in particular.

Green for All: New Strategic Partnership with Small Business Majority

The U.S. Small Business Administration’s Office of Advocacy recently released a report that confirmed a fact many small business groups already know to be true: small businesses are leading the nation’s economic recovery. Green For All is one of the groups that has seen this first-hand. We have worked for years to support small green businesses with the skills and resources needed to create new jobs while improving our environment. We know from experience that small businesses are America’s principal drivers on the road to economic recovery. It is these businesses that are, time and time again, the most capable at fostering local community resilience in times of economic hardship.

The U.S. Women's Chamber of Commerce Rejects Ryan's Misogynistic Budget as an Economic Assault on Women and Women Businesses Owners

Today, the U.S. Women's Chamber of Commerce ( http://www.uswcc.org ) calls on congressional leaders to reject the Ryan Budget as wrong for the future of America, and pledges to take the case to protect the economic future of women to every community.