John Carney: “I would like to add my thanks and congratulations as well to the gentleman from Maine (Mr. Poliquin) and the gentleman…”

“I would like to add my thanks and congratulations as well to the gentleman from Maine (Mr. Poliquin) and the gentleman from California (Mr. Vargas) for their bipartisan work on this bill. This legislation, as was pointed out, passed out of the Financial Services Committee with all but one vote. The SEC's Government-Business Forum on Capital Formation brings together academics, government officials, legal experts, and business stakeholders to make recommendations to improve and facilitate small- business capital formation. By directly addressing the recommendations of the forum, the SEC will help refine ideas and provide future forums with opportunities to address the SEC's views or concerns, ultimately leading to a more constructive and valuable process. This legislation will enhance the role of the forum and assist the SEC to focus on the capital needs of small businesses, which, as we have discussed several times today, are the main drivers of job creation in our economy, while simultaneously encouraging participants to substantively engage in the forum. Mr. Speaker, I ask my colleagues to support this bipartisan piece of legislation and thank the sponsors for their hard work. I reserve the balance of my time.”