On the recordOctober 18, 2019
I can tell you that the lack of competitiveness in the United States and one of the challenges that we have on our committee that we constantly talk about is how do we make sure that the United States is an area for growth, innovation, entrepreneurship. Because these companies that are now public, none of them started out public. They became public companies. And we have seen a plunge in the number of publicly traded companies. That is why I supported regulatory reform. That is why I supported tax reform, because we had to make the United States more competitive. This bill does nothing to help the United States become more competitive. It becomes less competitive and more burdensome, and all with the goal of shaming companies, not actually getting aggregate information that helps anybody.
