Chamber Of Commerce Raising Money To Fund Lawsuits Against Regulation, Reform

12/01/2010 08:12 am ET | Updated May 25, 2011

Even as it plowed tens of millions of dollars into ads this year to help mostly Republicans notch Congressional victories, the U.S. Chamber of Commerce was initiating a new effort to raise millions more from energy, health insurance, financial services, and other firms to fund a new anti-regulatory campaign.

The latest initiative includes such top business priorities as fighting the regulation of greenhouse gases by the Environmental Protection Agency; curbing the power of the recently created Consumer Financial Protection Bureau; and trying to ease the implementation costs of the new health care reforms for insurers and businesses. The Chamber has created a regulatory advocacy unit run by its top lobbyist, Bruce Josten, to shepherd the program.

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