U. S. Chamber Of Commerce Getting Down To Business For 2015
From the Legal Times
The U.S. Chamber of Commerce is on a mission this year to change the Affordable Care Act, help companies share information about cyberthreats and fix problems it sees in the U.S. legal system, Chamber president Thomas Donohue said Wednesday.
Delivering his annual state of American business address at the group's Washington, D.C., headquarters, Donohue urged the Republican-controlled Congress and President Barack Obama to work together to "solve problems and get things done" for the business community.
The overall condition of American business is "improving," Donohue said. The federal government, however, can't sit on its laurels if it hopes to ensure economic growth beyond the near term, he said.
For the legal system, the Chamber will work to curb what it sees as the "excesses" of class action trial lawyers and enforcement officials, Donohue said. Government agencies are threatening companies with financial ruin and forcing them to pay large fines even if they may not have committed a crime, turning enforcement into a "shakedown," he noted.
While the courts pose problems for the business community, the Chamber also sees opportunities to use them to fight laws and regulations that hurt companies. Donohue said he expects his organization to have an "extremely busy" year in the courts.
"Legal action—to stop government abuse and defend the rights and freedoms of the business community—will be a critical tool in 2015," he said.
Read more in our daily News Update...
From the Legal Times
The U.S. Chamber of Commerce is on a mission this year to change the Affordable Care Act, help companies share information about cyberthreats and fix problems it sees in the U.S. legal system, Chamber president Thomas Donohue said Wednesday.
Delivering his annual state of American business address at the group's Washington, D.C., headquarters, Donohue urged the Republican-controlled Congress and President Barack Obama to work together to "solve problems and get things done" for the business community.
The overall condition of American business is "improving," Donohue said. The federal government, however, can't sit on its laurels if it hopes to ensure economic growth beyond the near term, he said.
For the legal system, the Chamber will work to curb what it sees as the "excesses" of class action trial lawyers and enforcement officials, Donohue said. Government agencies are threatening companies with financial ruin and forcing them to pay large fines even if they may not have committed a crime, turning enforcement into a "shakedown," he noted.
While the courts pose problems for the business community, the Chamber also sees opportunities to use them to fight laws and regulations that hurt companies. Donohue said he expects his organization to have an "extremely busy" year in the courts.
"Legal action—to stop government abuse and defend the rights and freedoms of the business community—will be a critical tool in 2015," he said.
Read more in our daily News Update...