Political Quotes

“Mr. Speaker, I yield myself such time as I may consume. Mr. Speaker, I rise today in support of H.R. 754, the Investing in Main Street Act of 2025, led by my colleagues, Representatives Chu, Finstad, McIver, and Garbarino. As chairman of the Small Business Committee, one of my top priorities is expanding access to capital for small businesses. The Small Business Investment Company, or the SBIC, program plays a crucial role in this effort by attracting private equity investments to help small businesses grow, create jobs, and strengthen our economy. SBIC has been an invaluable tool for investing in small businesses that build critical technologies and support American national security. H.R. 754 builds on this success by increasing the maximum allowable investments by SBICs from 5 percent to 15 percent of their excess capital. This change will allow more significant private equity dollars to go toward small businesses. As we continue working to improve programs that support small businesses, this change will immediately impact our Nation's job creators. I thank my colleague from California for introducing this bipartisan solution to expand successful programs that empower the private sector to invest in small businesses. Mr. Speaker, I reserve the balance of my time.”