On the recordApril 30, 2014
Our securities laws are riddled with outdated and burdensome regulations that are hindering small businesses in Virginia's Fifth District, my district, from accessing the capital they need to grow.
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congress.govEditor's note · Context
Scott emphasizes the need to update securities laws for small business capital access.
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More from David Scott
Nov 14, 2023
I have some serious concerns with the bank capital requirements that you are proposing ... will only make the cost of goods and services ... more expensive.
Sep 18, 2023
I disagree with that. There are numerous studies from the Bank for International Settlements (BIS), which is a widely-acclaimed source. It is neutral, it is not political, and it says that higher capital decreases lending.
Jul 12, 2023
It disconnects it from the individual company responsibility, and that is a big difference that usually doesn't get mentioned.
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