On the recordApril 6, 2017
Madam Speaker, I rise today in support of the Supporting America's Innovators Act of 2017. Far too often, during my travels throughout Minnesota's Sixth District, I hear frustrations from small-business owners and entrepreneurs about the difficulties they face gaining access to working capital. With Dodd-Frank's one-size-fits-all regulation being imposed on the banks and credit unions that drive America, our Nation's job creators struggle to grow existing businesses and to even start new ones. Today's small business is tomorrow's big business, and if our entrepreneurs and job creators are to succeed, we must remove the roadblocks currently standing in their way. Companies that started in a garage are now Fortune 500 companies and global giants that provide goods and services across the globe. These include many brands and companies we all use each and every day such as Apple, Amazon, Microsoft, and even Minnesota's own, Medtronic. They all started with a dream, a lot of hope, and necessary access to tools, resources, and, most importantly, working capital. Not only does the limited access to working capital affect our State and local economies, it impacts opportunities and jobs for hardworking Americans. Small businesses are responsible for nearly 70 percent of new jobs in this country. This legislation will help put Americans to work.…





