Chamber of Commerce opposed to Obama's plans

The AP reports:

If President Barack Obama wants to take the measure of his opposition, he only has to glance across Lafayette Park from the White House. There, behind 10 massive Corinthian columns, is the headquarters of the U.S. Chamber of Commerce - a leading critic of the administration's health care and banking overhaul plans.

A fortress for the business community, the chamber has emerged as a multitasking, multimillion-dollar defender of the private sector against presidential initiatives. As lawmakers spend time at home during their August vacation hearing from constituents, the chamber is adding its own heat to the season.

There's a $2 million campaign against Obama's proposals that would make the government a competitor in the health insurance market. It's trying to make the case for insurers, which oppose a government-run insurance alternative but want to work with the White House to mandate coverage for all.

The chamber also has become a pointed critic of a White House plan to create a consumer finance protection agency and is assembling finance sector trade groups to push for a delay in legislation.