December 2011

Changes Needed Before CFPB Director Is Confirmed, U.S. Chamber Says

Siding with the U.S. Chamber, the Senate last week sent a clear message that structural changes to the Consumer Financial Protection Bureau (CFPB) are needed before a director is confirmed to lead it. Senate Democrats failed to muster enough votes to bring to the floor the nomination of Richard Cordray as head of the CFPB.

New EPA Rule Could Mean Lights Out for Business, Consumers

America’s job creators are asking for more time to comply with an expensive new EPA rule that could threaten electricity reliability and hurt businesses of all sizes.

NLRB, House Act on Union Ambush Elections

Over opposition from the business community, the National Labor Relations Board, in a 2-1 vote, advanced portions of a proposal to speed up union elections November 30. 

New Keystone Bill Speeds Up Pipeline Decision

The U.S. Chamber has come out in support of a bill aimed at forcing the Obama administration to make a decision on the Keystone XL pipeline within 60 days rather than wait until 2013 to rule on the $7 billion project. 

Trade, Occupy Movement Are Debated

Trade

Opinion

Heard In and About the U.S. Chamber

 “The nation’s most prominent business group weighed into the debate over the nation’s debt, urging the supercommittee to cut more than its mandate of $1.2 trillion.”—From an October 28, 2011, Politico story mentioning the U.S. Chamber’s letter, signed by 200 businesses and organizations, to the congressional deficit supercommittee

How-To

Foster a Culture of Innovation

Small and growing companies can drive new revenue streams and realize new market opportunities from existing intellectual capital.  Below are some observations and best practices, addressed in my book Harvesting Intangible Assets (AMACOM, 2011), for fostering and sustaining a culture of innovation.

Justice System for Sale

At ILR’s 12th Annual Legal Reform Summit in October, dozens of political, legal, and business leaders discussed trends in lawsuit abuse, including third-party litigation financing.

Outlook for U.S. Trade

For the first time in five years, the U.S. trade agenda is taking on a new focus. The shift comes after large bipartisan majorities in Congress approved the long-debated free trade agreements with South Korea, Colombia, and Panama on October 12, 2011, marking the successful culmination of a long fight by the U.S. Chamber and other supporters of the deals.

How-To

Keep Your Business Safe Online