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American Business Conference

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American Business Conference
NameAmerican Business Conference
AbbreviationABC
TypeNonprofit advocacy organization
Founded1987
HeadquartersWashington, D.C.
Leader titlePresident
Leader nameJohn M. Ellison

American Business Conference

The American Business Conference is a United States-based trade association and policy advocacy organization representing corporate executives, industry associations, and business leaders. It mobilizes member firms and allied organizations to influence public policy debates, promote regulatory priorities, and convene sectoral leaders through annual meetings and issue-specific programs. The Conference frequently engages with federal institutions, think tanks, and legislative coalitions to advance strategic objectives in tax, trade, and regulatory affairs.

Overview

The Conference operates as a hub for boardroom executives from firms such as ExxonMobil, Walmart, Goldman Sachs, Ford Motor Company, AT&T, and Boeing, and maintains working relationships with associations like the U.S. Chamber of Commerce, National Association of Manufacturers, Business Roundtable, National Retail Federation, and American Bankers Association. It hosts delegates from regional chambers such as the Greater Houston Partnership, Los Angeles Area Chamber of Commerce, Chicago Chamber of Commerce, and international partners including Confederation of British Industry, BusinessEurope, and Japan Business Federation. Major event venues have included the Walter E. Washington Convention Center, Hilton Washington, and sites in cities like New York City, Chicago, San Francisco, and Dallas.

History

The organization was established in the late 1980s amid debates over the Tax Reform Act of 1986, with founding sponsors drawn from companies involved in the 1980s financial deregulation era and trade policy deliberations surrounding the North American Free Trade Agreement. Early leaders included executives formerly associated with AT&T Corporation, General Electric, JPMorgan Chase, and legal counsels who had served in administrations of Ronald Reagan and George H. W. Bush. Across the 1990s and 2000s the Conference expanded programs during episodes such as the 1994 Contract with America debates, the 1999 World Trade Organization Seattle protests, and policy shifts after the 2008 financial crisis, adapting its agenda to issues raised during the administrations of Bill Clinton, George W. Bush, and Barack Obama.

Organization and Leadership

Governance is vested in a board composed of chief executive officers, chief legal officers, and senior lobbyists drawn from corporations like Chevron Corporation, Microsoft, Pfizer, and Caterpillar. Past chairs have included executives with prior roles at Morgan Stanley, Procter & Gamble, Oracle Corporation, and former public officials who served in the U.S. Department of Commerce and U.S. Department of the Treasury. The Conference staff includes policy directors who previously worked at think tanks such as the Heritage Foundation, Brookings Institution, American Enterprise Institute, and Center for American Progress, as well as former congressional aides from the United States Senate and the United States House of Representatives.

Conferences and Programs

Signature events include an annual policy summit featuring panels with legislators from the United States Congress, cabinet members, and diplomats from missions to the United Nations. The Conference hosts thematic programs on topics linked to North American trade, Trans-Pacific Partnership negotiations, intellectual property enforcement, and infrastructure financing in collaboration with organizations like the World Bank, International Monetary Fund, and Export-Import Bank of the United States. Educational initiatives have partnered with universities such as Harvard University, Stanford University, University of Pennsylvania, and Georgetown University to produce white papers and executive seminars.

Policy Positions and Advocacy

The Conference advances positions on corporate taxation aligning with reforms similar to those enacted in the Tax Cuts and Jobs Act of 2017, advocates for trade liberalization consistent with principles in the General Agreement on Tariffs and Trade and World Trade Organization frameworks, and supports regulatory changes reflecting precedents from Securities and Exchange Commission rulemakings and Federal Communications Commission policy. It issues policy briefs on energy policy referencing developments at Department of Energy and regulatory proceedings before the Environmental Protection Agency, and engages in coalition lobbying around postal reform and antitrust law adjustments paralleling cases before the United States Supreme Court.

Membership and Funding

Membership comprises multinational corporations, regional enterprises, trade associations, and law firms with clients such as Skadden, Arps, Slate, Meagher & Flom LLP and DLA Piper. Revenue streams include membership dues, sponsorships from corporations like Visa and Mastercard, paid attendance at conferences, and philanthropic gifts from corporate foundations associated with Rockefeller Foundation-type entities. The Conference files annual financial disclosures in accordance with Internal Revenue Service rules for nonprofit organizations and occasionally retains counsel from firms with backgrounds in K Street lobbying.

Criticism and Controversies

Critics have targeted the Conference for perceived influence on policy aligned with interests of firms implicated in matters before regulators such as the Federal Trade Commission and Department of Justice Antitrust Division. Investigations by media outlets such as The New York Times, The Washington Post, and Bloomberg News have scrutinized revolving-door employment patterns involving former officials from the White House and members of Congress. Advocacy groups including Public Citizen, Center for Responsive Politics, and Accountable.US have challenged the Conference’s transparency and its role in coalition-funded ad campaigns during high-profile legislative fights, prompting congressional inquiries at times led by committees like the House Committee on Oversight and Reform and the Senate Committee on Commerce, Science, and Transportation.

Category:Trade associations of the United States