It would be common sense to pause and wait to see what the Supreme Court decides before jamming this through now.
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I am confident the House will pass the resolution.
At the same time, we need to ensure that consumers and new investors are properly protected.
I welcome the efforts by our Chair and this subcommittee to enhance capital formation and remove roadblocks.
We need to have a democratized approach to this to benefit more people.
Chair Gensler is too busy trying to change the SEC into the, 'Securities and Environment Commission,' rather than its capital formation and investor protection role.
I think it is time for us to reevaluate the definition of an accredited investor and ensure that it serves its intended purpose of protecting investors rather than excluding them.
We could do is change the definition of, 'accredited investor,' to the following standards: someone who is investing less than 5 percent of their net worth in a particular investment.
Investor protection not only protects investors, it is necessary for the business economy as a whole that is seeking investment.
We need the right blend of investor protection and securities regulation on the one hand, and access to capital and access to investments on the other.
The titles of the hearings that we are holding today imply that every investor protection is a barrier.
The Biden administration is turning our student loan system on its head instead of addressing problems like the rising cost of college and poor student outcomes.
I will champion the Parents Bill of Rights Act.
We have a responsibility to protect the interest of taxpayers and ensure that students are receiving a high-quality education.
Republicans will not stand by while the Biden administration attempts to enact its retroactive free college agenda.
We must maintain a level playing field for women and girls in sports.
I am hopeful that this is a topic Republicans and Democrats can work on together, as I know we all want what is best for students.
I believe these are necessary to fix a broken long system.