Chamber of Commerce – [BonkNote]

FSOC / MetLife – SIFI Designation
- uschamber.com/cases/capital-markets-and-corporate-law/metlife-inc-v-financial-stability-oversight-council – Documents
- uschamber.com/cases/capital-markets-and-corporate-law/metlife-inc-v-financial-stability-oversight-council-2
- 2014 1218 – FSOC re: MetLife – Explanation of the Basis of the Financial Stability Oversight Council’s Final Determination that Material Financial Distress at MetLife Could Pose a Threat to U.S. Financial Stability and that MetLife Should be Supervised by the Board of Governors of the Federal Reserve System and Be Subject to Prudential Standards – 387p

1973 1120 – Congressional Record – (p37756) –
- Courageous Stand on Consumerism, by The Chamber of Commerce President
  - Mr. Percy: Mr. President, one of the priorities facing the Congress this year is to afford 200 million American consumers improved protection against unworthy goods and services through the creation of a Consumer Protection Agency.
    - An attitude of “let the buyer beware” undermines confidence in business.
    - The consumer movement aims to elimlnate the deceptive, unfair, and unsafe practices in which only a small minority of firms persist.
  - In this connection, Edward Rust, president of the U.S. Chamber of Commerce and an outstanding member of the business community for over 33 years, has taken a courageous and progressive stand.
    - In a Chicago speech to the National Association of Life Underwriters on September 18, 1973, Mr. Rust affirmed that ”quality of product or service is a social responsibility.” – NALU
    - He emphasized the need for business consumer cooperation and understanding:
      - It is more sensible for the consumer to expect perfection in everything he buys than it is for business to expect consumer acquiescence to all its shortcomings.