Washington, DC is an international hub for global businesses. As the nation’s capital, DC is not only home to the federal government, but over 170 international embassies that shape national and global policy, more than 550 international companies, world-renowned universities, and the headquarters of international financial institutions like the World Bank, the International Monetary Fund, and the Inter-American Development Bank.

Today, Mayor Muriel Bowser announced legislation to reform and strengthen DC’s housing laws. The Rebalancing Expectations for Neighbors, Tenants, and Landlords Act (RENTAL Act) seeks

The DC Chamber of Commerce strongly opposes any efforts to revoke the District of Columbia Home Rule Act, as doing so would have severe economic and business consequences. Enacted in 1973, the Home Rule Act established a locally elected mayor and council, providing stability and autonomy critical to fostering a pro-business environment. Any attempt to repeal this act threatens to destabilize governance, create uncertainty for businesses, and undermine decades of economic growth.