Political Quotes

“Mr. Speaker, I yield myself such time as I may consume. I rise in support of H.R. 3448. I would like to thank Mr. Garrett, chairman of the Capital Markets Subcommittee. Particularly, I would like to thank the gentleman from Wisconsin (Mr. Duffy) for his good work on this piece of legislation. I certainly enjoyed working with him on it. I particularly want to applaud Mr. Duffy for his willingness to address concerns raised by stakeholders, members of the committee, and those we heard from during the hearing on this bill. I appreciate his commitment to working in a bipartisan way in developing good and workable policy in this legislation. As has been already said, the purpose of our bill is really pretty simple. We know that small businesses are the engine of job creation in this country. We want to encourage investors to take a closer look at small businesses and invest in them so that they can continue to grow and create jobs once they have gone public. In my home State of Delaware, as a corporate center, we have a lot of people who spend a lot of time paying attention to corporate formation and corporate governance. In a former life as the State secretary of finance and as Lieutenant Governor, I worked with a lot of these people. They have been following the trends over the past 10 years, and they have seen and observed the decline in IPOs and the changes in the growth of emerging growth companies after going public. That is why last year I worked with my colleague, Mr.…”