On the recordJuly 17, 2018
I want to thank Chairman Hensarling and Ranking Member Waters, as well as members of the Financial Services Committee from both parties, for this important bipartisan piece of legislation. Small and emerging businesses drive our economy, create jobs for American workers, and are at the forefront of technological change. We need to create the conditions where these ventures can access the capital they need to grow. This legislation builds upon the successes of the JOBS Act and JOBS 2.0. The JOBS and Investor Confidence Act includes reforms that will make it easier for the next Microsoft or Amazon or the developer of the next lifesaving treatment to get off the ground. When coupled with the progrowth provisions of a revamped Tax Code, especially the Opportunity Zones program, this will bring capital to marginalized areas and create opportunity for all. This package includes an important and, again, bipartisan bill that Congressman Vargas and I introduced. The FIND Trafficking Act directs the Comptroller of the Currency to study how virtual currencies and online marketplaces can be misused by bad actors to trade in illicit goods or facilitate human trafficking. I thank the chairman for including this bill in the package. Mr. Speaker, I urge all of my colleagues to support the passage of the JOBS and Investor Confidence Act.
