Political Quotes

On the recordMarch 20, 2012
I rise today to ask my colleagues to give serious consideration to a major piece of legislation that is a crowdfunding amendment introduced by Senator Bennet and myself and has the support of Senator Landrieu, Senator Brown, and a number of others. I thank Senator Landrieu for the points she has been making and for her fierce advocacy for creating a highway for Americans to build wealth without creating avenues that essentially send people into either blind alleys or over a cliff. That is what this conversation is all about today. We want to enable aspiring entrepreneurs to access capital and to do so in ways that allow new opportunities to create, but to make sure investors have the information they need to make reasonable choices. The amendment I am introducing specifically is a crowdfunding amendment. My colleagues have probably heard this term a number of times. It enables aspiring entrepreneurs to access investment capital via the Internet from small dollar investors across America. This is very exciting stuff. We have seen some similar Internet models. One model, for example, enables individuals across America to look at projects--projects for art and civics, projects across the country--and say: Yes, I want to make a small dollar investment--which is truly, in this case, a donation--to that social project, to that art project. Such a site is kickstarter.com.…
Said by
Jeff Merkley
Democratic · Oregon
Source
govinfo.gov
Mar 20, 2012

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