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Mar 25, 03:21 PM
Hearing on Expanding Access to Capital Across America on March 25, 2025, Highlights Regulatory Barriers for Small Businesses, Featuring Steve Case
US Domestic Policy
Economics
Politics
Business

Hearing on Expanding Access to Capital Across America on March 25, 2025, Highlights Regulatory Barriers for Small Businesses, Featuring Steve Case

Authors
  • Rep. Cammack Press Office
  • Chairwoman Lisa McClain
  • Financial Services GOP
8

A full committee hearing titled "Beyond Silicon Valley: Expanding Access to Capital Across America" was convened by Chairman French Hill on March 25, 2025. The hearing aims to address the challenges small businesses face in accessing capital, with various committee members highlighting the need to reduce regulatory barriers that hinder entrepreneurial growth. Representative Ann Wagner emphasized that talent and innovation are not limited to coastal regions, advocating for broader investment opportunities across the country. Other members, including Representatives Mike Lawler and Timmons, pointed out the impact of government red tape on small businesses and discussed plans to enhance job creation. The hearing also featured testimony from Steve Case, Chairman and CEO of Revolution, who stressed the bipartisan nature of past entrepreneurship legislation and the necessity for new policies. Additionally, concerns were raised about the diminishing number of public companies in the U.S., which has decreased from over 8,000 to fewer than 4,000 since the 1990s, affecting funding costs for companies. The committee is focused on unlocking capital markets for everyday investors and ensuring that all Americans have access to investment opportunities.

Written with ChatGPT (GPT-4o mini).

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