Political Quotes

“Again, I thank the gentlewoman from New York. Mr. Speaker, I yield such time as he may consume to the gentleman from North Carolina (Mr. McHenry), the sponsor of the legislation. Mr. McHENRY. Mr. Speaker, I thank the gentleman from New Jersey (Mr. Garrett), the chairman of the Capital Markets and Government Sponsored Enterprises Subcommittee, for yielding time. I thank the gentlewoman from New York (Mrs. Carolyn B. Maloney), the ranking member of the subcommittee, for working with me on the provisions of the bill we are talking about this afternoon. I also want to thank the gentlewoman from California (Ms. Maxine Waters), the ranking member of the full committee, for working with us to craft this compromise we have on the floor here today. I have joined together with my colleagues from across the aisle to offer a Federal exemption from registering for the resale of private company securities, which is vital for adding liquidity to the secondary markets and driving economic growth. Today private growth companies are not only disrupting existing industries, but are creating entirely new markets. Thanks to private markets, in particular, the advancement in American technology and entrepreneurship is thriving. Funding the growth of these private companies, however, has created a paradigm shift.…”