On the recordApril 13, 2016
Capital formation for small companies is critical to the success of our economy.
Source
congress.govCapital formation for small companies is critical to the success of our economy.
Mr. Hurt emphasizes the importance of capital for small businesses.
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Last Congress, this subcommittee led the charge to pass the JOBS Act to decrease burdensome regulations and provide incentives for emerging growth companies to access capital and public markets.
FSOC, armed with this authority, has the ability to pressure regulators whose actions do not align with the current Administration's views.
I want to thank him for introducing this important legislation, and I urge the subcommittee to support it.
One of the most important functions of this subcommittee is to promote initiatives to increase access to capital for our small businesses and startups.