United States Chamber of Commerce Totally Explained

Everything about The United States Chamber Of Commerce totally explained

The United States Chamber of Commerce (USCC) is the world's largest not-for-profit business federation, representing

3,000,000 businesses (via its Federation of local chambers and association members. Actual direct membership is several tens of thousands.)
2,800 state and local chambers
830 business associations

The Chamber is staffed with policy specialists, lobbyists and lawyers. It is known for spending more money than any other lobbying organization on a yearly basis.(External Link

)

Mission statement

"To advance human progress through an economic, political and social system based on individual freedom, incentive, initiative, opportunity, and responsibility."

Board of directors

Tom J. Donohue, President and CEO

Paul S. Speranza, Chairman of the Board of Directors(External Link

) and vice chairman, general counsel, and secretary of Wegmans Food Markets, Inc.

Donald J. Shepard, Vice Chairman of the Board of Directors (External Link

) and CEO of AEGON

Gerald L. Shaheen, Immediate Past Chair and Chair of the Executive Committee (External Link

) and group President of Caterpillar Inc.

Maura W. Donahue, Past Chair (External Link

)

John W. Bachmann, Past Chairman (External Link

) and Senior Partner at Edward Jones Edward Jones Investments

History

The idea of a national institution to represent the unified interests of U.S. business first took shape when President William Howard Taft, in a message to Congress on December 7, 1911, addressed the need for a "central organization in touch with associations and chambers of commerce throughout the country and able to keep purely American interests in a closer touch with different phases of commercial affairs."
Four months later, on April 12, 1912, a group of 700 delegates from various commercial and trade organizations came together to create a unified body of business interest that would later become the U.S. Chamber of Commerce.
More than 90 years later, the Chamber has grown to represent more than 3 million businesses, nearly 3,000 state and local chambers, 830 associations, and over 90 American Chambers of Commerce abroad.

History of the USCC Building

In 1841, friends of Daniel Webster purchased a three-and-a-half story home on the ground now occupied by the U.S. Chamber building. Webster's home was the site of a number of historic events, including final negotiations with Great Britain over Maine's boundaries that resulted in the Webster-Ashburton Treaty of 1842. In 1849, Webster sold his house to William Wilson Corcoran, whose art collection today remains close by. Several other dignitaries lived in Webster's former home over the years before the U.S. Chamber of Commerce ultimately purchased the land. It broke ground in 1922, having selected Cass Gilbert, designer of the United States Supreme Court building and the Treasury Annex in Washington, D.C., to design a building to reflect the organization's mission. The U.S. Chamber building was completed three years later at a cost of $3 million.

On the issues

The Chamber is:

Supportive of immigration reform

Supports the Ledbetter v. Goodyear decision

Pro-Energy Source Diversity

Pro-Social Security Reform

Pro-ANWR Drilling

Pro-Offshore Oil Drilling

Pro-Nuclear Power

Pro-Health Savings Accounts

Pro-globalization/free trade

Supports restrictions on naked short selling

Against taxation increase on businesses

Against raising the Minimum Wage

Against many union-supported polices

Anti-Environmental regulation

Neutral on social questions such as abortion and gay marriage

The Chamber campaigned against the Sarbanes-Oxley Act.

The Chamber has recently begun a campaign against the proposed Employee Free Choice Act (External Link

). They suggest the act will reduce worker's rights, however, the act is widely supported by organized labor (External Link

Affiliate organizations

National Chamber Foundation (External Link

)

Institute for 21st Century Energy (External Link

)

Americans for Transportation Mobility (External Link

)

Business Civic Leadership Center (BCLC) (External Link

)

Institute for Legal Reform (ILR)(External Link

)

Center for International Private Enterprise (CIPE)(External Link

)

Institute for a Competitive Workforce (ICW)(External Link

)

Essential Worker Immigration Coalition (External Link

)Further Information

Get more info on 'United States Chamber Of Commerce'.

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