The Public Record
David Schweikert is an American politician serving as the U.S. Representative for Arizona's 1st congressional district since 2011. A member of the Republican Party, he has focused on issues such as fiscal responsibility and economic growth during his tenure in Congress. Schweikert has been involved in various legislative efforts aimed at reducing the national debt and promoting job creation in Arizona. He has also served on several committees, contributing to discussions on budgetary matters and financial services.
First, I would like to start this with a heartfelt thank you to both Spencer Bachus of Alabama, the chairman of the Financial Services Committee, for both his kindness to me as a freshman and also for the guidance he has provided me, and…
First, I would like to offer a thank you to my chairman, Mr. Bachus, and also to the sponsor of the bill, my friend from Connecticut. H.R. 1965 actually has an opportunity here to actually solve some things that have been of frustration…
The Small Company Capital Formation Act of 2011, sponsored by Congressman Schweikert of Arizona, would authorize the SEC to exempt from registration any class of securities
The last thing I want to say is my good friend Congressman Gosar from northern Arizona, and actually from all over Arizona, is deserving of a gigantic thank you here. To be a freshman Congressman and to step into this body to deal with…
This is one of those moments where I ran out of the Financial Services Committee where we were voting because I thought it was important, being an Arizonan, but also spending lots of time in this part of the State, which is a beautiful…
you have to hit a decision point and actually make that tough decision, but you have to make it.
If we can get you there, if we can keep you in the home and work those out, we are going to get you there.
A lot of well-meaning mortgage-foreclosure moratoriums and abatements and those things, in many ways, have actually made the problem worse and last longer.
Doesn't this cause some mechanical issues, if that is the agreement between the State and the gaming tribes?
This is a unique agreement. You cannot have this on non-tribal lands outside the compacts.
Increasing the SEC's Regulation A exemption from $5 million to $50 million will improve the ability of small companies to access desperately needed capital.
sunlight, information is in many ways one of the greatest regulators because of the speed and flow of information.
the reforms we adopted in 2005 that really free up their communications and the offering techniques for the largest companies have worked quite well.
the Internet presents tremendous opportunities to be able to reach investors who could provide access to capital for companies.
I commend Representative Schweikert, as well as the Financial Services Committee for considering and passing this legislation in June.
We are grateful, Vice Chairman Schweikert, to you and to Representatives Himes and Womack for introducing legislative solutions.
This happens to be one of those moments where we are actually understanding that this will help create jobs.
I commend Representative Schweikert on the bill's introduction, which would increase the total asset threshold for registration to $10 million and raise the shareholder of record limitation from 500 to 1,000 holders.
These bills would increase the shareholder threshold for registration to as many as 2,000 shareholders, a level the ABA supports for banks.
Mr. Schweikert has a bill that involves increasing the number of potential purchasers in Reg A.
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