Thursday | May 17, 2012
     
 

IN THIS ISSUE

This Week At The Chamber
Read the latest happenings

Member News
Read good news from Chamber members

Issues of Interest
Read about what's going on in your community
 

  COMING UP AT
THE CHAMBER
 
     
 

TUE | May 22
Referral Network
Business Breakthrough Tuesday
more info
|
register

TUE-WED | May 22-23

ACCESS Sacramento
more info

WED | May 30
Argentina-United States: Diplomatic & Trade Relations
Featuring the Argentina Ambassador to the U.S.
more info | register

WED | June 1
Health Care Council
Sen. Ed Hernandez, Chair of the Senate Health Committee
more info | register

View all upcoming events on our Web Calendar.

 
     
 

OVERHEARD

 


"Our partnership will not only strengthen the economic relationship, it will also create global competitiveness and innovation."

Korea Trade-Investment Promotion Agency Senior Executive Vice President Sung-Keun Oh during the Memorandum of Understanding signing last Thursday at the Chamber.


  Media Highlights  

 

 

Can LA Make 'Green Zones' Out of 'Toxic Hot Spots?'
Which Way, L.A.?, KCRW May 16
Read more

L.A. council passes responsible banking ordinance
Daily Breeze, May 15
Read more

City Council Approves Bank Ordinance
Brentwood Patch, May 15
Read more

Positive Aspects Sri Lanka showcased to 5000+ biz in LA
Lanka Business Today, May 15
Read more

 
   
 


CHAMBER RECEIVES PRESIDENT'S "E STAR" AWARD AT WHITE HOUSE

Today at an awards ceremony at the White House, the Chamber received the President's "E Star" Award for Export Service in recognition of our continued achievement in making significant contributions to the increase of U.S. exports. "This Administration is committed to leveling the playing field for American businesses and workers to help U.S. companies build things here and sell them around the world," said U.S. Secretary of Commerce John Bryson, above at the ceremony today. "It is organizations like the L.A. Area Chamber that are helping to grow our economy and put more Americans back to work." Contact Carlos J. Valderrama, 213.580.7570.
Above from left, Secretary Bryson, Chamber Vice President of Global Initiatives Carlos J. Valderrama and Congressmember Janice Hahn. Photo by: RDavid Original Photography


Businesses meet with Mayor on waste haul franchise proposal
This week, the Chamber organized a meeting with executives from businesses across a wide swath of industries, including hospitals, studios, logistics and property owners with Mayor Antonio Villaraigosa to discuss the waste haul franchise proposal the City is considering. Executives discussed their relationships with their waste haulers and the challenges and expense they would face under an exclusive franchise system. The Chamber will continue to work with the mayor and L.A. City Council on a program that addresses environmental concerns while representing the financial interest of business owners and allowing small haulers who meet a set of standard to remain in business. Contact Jessica Duboff, 213.580.7558.

Chamber voices concerns over Clean Up Green Up proposal
In the L.A. City Council Planning & Land Use Management Committee meeting this week, the Chamber expressed concern and posed a number of questions regarding the Clean Up Green Up initiative. This motion would create a "green zone" pilot program in the communities of Pacoima, Boyle Heights and Wilmington, and implement new regulations on new and expanding businesses. The Chamber urged the Council to work closely with businesses to ensure the initiative is vetted in a transparent manner and contains economically sound practices and policies that do not hinder business growth in the City. Contact Jessica Duboff, 213.580.7558.

L.A. City Council approves responsible banking ordinance
The L.A. City Council unanimously approved the responsible banking ordinance this week, which requires banks that have contracts with the City to provide information on foreclosures, bank branches, how many people they employ in low-income communities and the amount of small business and homes loans provided. Since the motion was introduced last year, the Chamber successfully advocated for the removal of a grading system and new regulation that would have been costly and duplicative for banks and the City. Contact Jessica Duboff, 213.580.7558.

 

Chamber member to receive honor at World Trade Week luncheon
Patty Senecal, Western States Petroleum Association, will receive the 2012 International Achievement Award on Thursday, May 24 at the International Business Association's World Trade Week 2012 luncheon at the Hyatt Regency Long Beach. Register now or read more.

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  ISSUES OF INTEREST  
 
 



More than 100 Chamber members will be in Sacramento next week for our annual ACCESS Sacramento trip, May 22-23. This year's advocacy agenda will focus on several issues vital to Southern California businesses. Confirmed speakers include Gov. Jerry Brown, State Treasurer Bill Lockyer, State Controller John Chiang, Senate President pro Tem Darrell Steinberg and more.

Chamber supported Export-Import Bank reauthorization moves forward
This week, the House voted overwhelmingly 330-93 to reauthorize the Export-Import (Ex-Im) Bank, which was set to expire May 31. The Senate followed with a bipartisan vote of 78-20. Last year, the Ex-Im provided more than $6 billion in financial assistance, netting more than $700 million to the U.S. Treasury. The bill, which the Chamber advocated for during ACCESS Washington, D.C. and has been a key priority for the business community, heads to President Barack Obama's desk. Contact Jessica Duboff, 213.580.7558.

 
 

 

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The Los Angeles Area Chamber of Commerce is the voice of business in L.A. County. Founded in 1888, the Chamber promotes a prosperous economy and quality of life in the Los Angeles region. For more information, visit www.lachamber.com