Many people hear the term “chamber of commerce” and think of their local, friendly chapter that you consider small business friendly. Well, the national chapter of the Chamber of Commerce is one of the most powerful lobbies in the entire country. It doesn’t represent small business interests, it works on behalf of a few, highly influential, corporations. As far back as 2010 the Chamber of Commerce basically admitted as much.
Late last month, for the first time in more than a decade, the US Chamber of Commerce changed the boilerplate language that appears at the bottom of its press releases. The nation’s largest business lobby no longer claims to be “representing more than 3 million businesses and organizations of every size, sector, and region.” Instead, it claims to be “representing the interests of more than 3 million businesses” (emphasis added). The smallness of the tweak masks its major significance: Representing somebody, which strongly implies a direct relationship, is very different from representing their interests. The Chamber is in effect acknowleging that the “3 million” businesses aren’t actually its members.
If you’re interested in finding out what kind of power the Chamber of Commerce is now wielding then make sure you check out the above video. Elizabeth Warren explains pretty succinctly the fights we have ahead of us.