I am writing on behalf of the Business Roundtable to express my strong disappointment with the efforts of the U.S. Equal Employment Opportunity Commission (EEOC) to take actions against large employers who are complying with the requirements of the Patient Protection and Affordable Care Act.
During the final weeks of the 113th Congress, America’s business leaders urge Congress and the Administration to work together to fund government operations, extend expired tax provisions, and pass updated Trade Promotion Authority (TPA). Doing so will help generate the investment, growth, and jobs our entire economy needs.
Business Roundtable appreciates the opportunity to participate in the annual process that Institutional Shareholder Services (ISS) uses to formulate its proxy voting policies, and we welcome the ability to comment on one of the changes that ISS is considering for 2015 on its policy relating to independent chair shareholder proposals. The changes ostensibly incorporate additional flexibility into the process that ISS will use in deciding whether to support these proposals by adding to the list of factors that ISS considers and providing for the evaluation of “all of the factors in a holistic manner.” However, we believe ISS should exercise considerable restraint in substituting its judgment on how a public company board structures itself over the judgment of the Board that is in a far better position to make these judgments. Also unlike ISS, the Board has fiduciary duties in connection with making these judgments.
Business Roundtable filed an Amicus Brief in the U.S. Court of Appeals for the Second Circuit in Chevron v. Steven Donziger.
Business Roundtable response to Senate Finance Chair Ron Wyden (D-OR) and Sen.
Business Roundtable appreciates the opportunity it has had since our letter to you of May 30, 2014, to discuss with U.S. Treasury and OECD officials the OECD's Base Erosion and Profit Shifting (BEPS) project. As you are aware, the U.S. business community has been particularly concerned that the BEPS project risks increasing costs, uncertainty, and barriers to trade and investment such as duplicative taxation. As you review the 2014 deliverables and work commences on the remaining items, we urge you to keep foremost in mind that economic growth and broadly-shared prosperity flow from eliminating barriers to trade and investment and avoiding the creation of new barriers.
The undersigned associations view the U.S. Export-Import Bank (Ex-Im), with its mission to provide competitive financing in order to create or sustain U.S. jobs, as one of the most important available tools to promote economic growth through exports. Accordingly, we strongly support the swift reauthorization of Ex-Im Bank.
Letter was sent to Sens. Ron Wyden (D-OR) and Orrin Hatch (R-UT) of the Senate Finance Committee, and Reps. Dave Camp (R-MI) and Sandy Levin (D-MI) of the House Ways and Means Committee.
Business Roundtable strongly supports important provisions included in H.R. 4413 that will reform derivatives regulation to focus more effectively on addressing potential systemic economic risk.
Business Roundtable supports your efforts to promote economic growth through sound economic policies and reducing barriers to trade and cross-border investment.
Business Roundtable urges bipartisan support for Finance Committee Chairman Ron Wyden’s tax extenders bill, Expiring Provisions Improvement Reform and Efficiency (EXPIRE) Act.