Political Quotes

“Mr. Speaker, a hardy congratulations to Chairman Hensarling and the ranking member for this exceptional package, the JOBS and Investor Confidence Act. I support it, and I urge my colleagues to support it as well. This important bill includes H.R. 1585, a bill that I worked on with my friends from Arizona, Ms. Sinema and Mr. Schweikert, and a bill also supported and helped by Mrs. Maloney of New York. I would like to highlight title IV. This bill expands the accredited investor definition by recognizing the ability to participate in a private offering should not be based solely on an asset or an income test, but that individuals who have the sophistication should also be able to participate. I have spent much of my career helping small companies obtain funding, helping them do private placements under regulation D. This has been a long time in coming. It is a matter of basic fairness, which will provide greater investment opportunities for more Americans and help our businesses grow and invest their capital faster. I encourage all my colleagues to support this good measure.”