I represent a rural district in Virginia, one that has not seen the same economic growth that other places in this country have seen.

One of the most important functions of this subcommittee is to promote initiatives to increase access to capital for our small businesses and startups.

This is another example of an unnecessary and costly requirement that disincentivizes innovative companies from accessing the public markets.

While the JOBS Act was an important step forward, these hearings show that more still needs to be done to ensure that we remove costly and unnecessary regulatory impediments.

Generally speaking, people believe the U.S. insurance regulatory structure is a fine one, is a good one.

One of the most important functions of this committee is to promote initiatives to increase access to capital for our small businesses and startups.

We must look at solutions to eliminate and streamline regulations to create an environment that is more efficient and conducive for long-term economic growth.

Mr. Chairman, thank you for holding today's subcommittee hearing to examine the market power and impact of proxy advisory firms.

Obviously, the SEC has the responsibility to encourage capital formation, investor protection, and fair and efficient markets.

I just wanted to give you a moment to respond, if you would like?

Without private investment, we would not have been able to take our business out of a garage in Lynchburg, and into millions of homes all across the world.