Chamber watching Dodd-Frank for emerging problems

He made clear the Chamber will not hesitate to call on Congress to make legislative fixes to emerging problems in Dodd-Frank, as well as additional reforms that went unaddressed in the first pass over Wall Street.

"A lot of the existing problems were simply unaddressed by Dodd-Frank, and some new problems were created," he said.

Specifically, he said there needs to be a strong, workable exemption for so-called "end users" of swaps -- non-financial entities that use derivatives to hedge against risk to their business -- and criticized another provision that enables regulators to hear from company whistleblowers, saying it would "undermine internal compliance programs at companies."

"We might have a situation where the goal here is to maximize the reward to the whistleblower rather than to really address the underlying problem," he said.

Hirschmann's comments come two days before the chamber hosts its Capital Markets Summit, where the business group will hear from Dodd-Frank bigwigs including Elizabeth WarrenElizabeth Ann WarrenOvernight Finance: Lawmakers grill Equifax chief over hack | Wells Fargo CEO defends bank's progress | Trump jokes Puerto Rico threw budget 'out of whack' | Mortgage tax fight tests industry clout Michelle Obama is exactly who the Democrats need to win big in 2020 Wells Fargo chief defends bank's progress in tense Senate hearing MORE, the architect of the new Consumer Financial Protection Bureau and Rep. Spencer BachusSpencer Thomas BachusUS Chamber opposes Trump's Export-Import Bank nominee Business pressure ramps up against Trump's Ex-Im nominee Trump considering withdrawing Ex-Im nominee: report MORE (R-Ala.), the chairman of the House Financial Services Committee.