US Chamber of Commerce President Thomas Donohue discussed efforts in Congress to raise the liability cap on BP for its role in the Gulf oil spill at a May 28 Monitor Breakfast.
Michael Bonfigli/Special to The Christian Science Monitor/File
US Chamber of Commerce CEO Thomas Donohue leads the world's largest not-for-profit business federation. Earlier in his career, he was president of the American Trucking Association. He was the guest speaker at the May 28 Monitor breakfast in Washington, D.C.
On the Obama administration's attitude toward business:
"I think there is an absence of people in the White House who understand business compared to previous administrations of both parties."
"It is generally not the practice of this country to change the laws after the game.... Everybody is going to contribute to this cleanup. We are all going to have to do it."
On attitudes on Capitol Hill toward the business community:
"I am personally troubled about the way we have been treating not only business leaders but – let's go there – bankers, people that run health-care companies, people that run oil companies. They are being hauled up to the Congress ... and beat up like unruly children for the TV cameras.... This is a mistake for our country because it demeans us around the world."
On the need for business regulation: