Political Quotes

“I thank the gentleman from the Subcommittee on Capital Markets and Government Sponsored Enterprises for yielding to me and, also, thank Chairman Hensarling for his work. Today, I am proud to speak in support of the Helping Angels Lead Our Startups, or HALOS Act. I would also thank Chairman Chabot and Congressman Sinema for putting forth this important bipartisan legislation, and I am a proud cosponsor. I am fortunate enough to regularly hear from innovators across Illinois and through my work on the House Science, Space, and Technology Committee. These are the people who harness technology to accomplish the impossible, whether that is making life-changing medical breakthroughs or just finding a better way to do everyday tasks. As we all know, startups are the job creators that drive our economy by creating new jobs that can get our constituents back to work. Angel investors play a key role in the earliest stages of these startups. They provide the initial rounds of funding to help these life-changing ideas get off the ground. We shouldn't have unnecessary barriers in place for our innovators to have access to the capital they need to grow. The situation we currently find ourselves facing is frustrating for startups and potential investors. There is some regulatory uncertainty from implementation of the JOBS Act.…”