Housing prices and consumer confidence are up but several business groups that have been in town this week have been delivering a distinctly gloomy view of the economy. While the groups have blue-chip reputations in the business world, what's less apparent is their track record of political giving -- one that raises some questions about the forecasts they are presenting six weeks before Election Day.
First out of the blocks: the National Association of Manufacturers and the National Federation of Independent Business. The two groups teamed up at a Tuesday press conference to release a survey conducted by Public Opinion ...
Big business seeks exemption from derivatives rules
Some of Washington’s most powerful trade associations and big corporations are pushing to get an exemption from derivatives regulations mandated by the Dodd-Frank financial law—and House Republicans are planning to introduce legislation to do just that.
Under the umbrella of an ad hoc coalition, known as the Coalition for Derivatives End-Users, which is run by the U.S. Chamber of Commerce, the National Association of Manufacturers, and the Business Roundtable, among others, the coalition first weighed in during the debate over the financial law.
Since the law’s passage, the coalition has also been presenting its case with ...
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