Is the most powerful lobbyist in Washington losing its grip?
By Steven Mufson July 14 at 1:35 PM
This should be the U.S. Chamber of Commerce’s moment.
A businessman occupies the White House. Republicans, who have received generous campaign donations from the Chamber, control both houses of Congress. And the agenda is full of favorite business issues such as tax reform, regulatory rollbacks and infrastructure spending.
Yet in recent months, the U.S. Chamber — historically one of the cornerstones of Washington politicking and policymaking — has been deeply shaken. Members are divided over the border-adjustment tax, health care and climate change. Some want the Chamber to more vigorously stand up to President Trump to protect free trade.
There has also been turbulence on the foreign front. The U.S.-India Business Council has operated under the U.S. Chamber’s wing since its founding in 1975. But on July 7, the council’s high-powered board — including top executives of PepsiCo, Cisco, Warburg Pincus, and MasterCard — voted 29-0 to break away, saying in a letter to members that the Chamber “adds no value, but imposes unnecessary bureaucracy.”
General Electric — the nation’s 1oth-largest company and maker of products as varied as CT scanners, software and gas turbines — has considered pulling out of the Chamber because it views the group as part of an antiquated Washington influence establishment, too exclusively aligned with the Republican Party, and no longer an effective advocate for GE’s interests or views, according to people familiar with the company’s thinking.
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https://www.washingtonpost.com/business/economy/is-the-us-chamber-losing-its-grip/2017/07/14/f104d348-4f88-11e7-91eb-9611861a988f_story.html
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...aligned with the Republican Party..."
WHOOMP! There it is! 