On May 20, 2025, the U.S. House Financial Services Committee considered a series of legislative bills aimed at improving investment opportunities, capital formation, and regulatory access for small and rural businesses. Key bills reviewed included the Fair Investment Opportunities for Professional Experts Act (H.R. 3394) by Chairman Rep. French Hill, the Encouraging Public Offerings Act of 2025 (H.R. 3381) by Rep. Ann Wagner, and the Expanding Access to Capital for Rural Job Creators Act (H.R. 1190) by Rep. Troy Downing. Other notable legislation included the Improving Access to Small Business Information Act (H.R. 3351) by Rep. Young Kim, the Middle Market IPO Underwriting Cost Act (H.R. 3395) by Rep. Jim Himes, and the Helping Angels Lead Our Startups (HALOS) Act of 2025 (H.R. 3352) by Rep. Mike Lawler. Rep. Young Kim highlighted the need to reduce regulatory barriers that hinder government understanding of small business needs, emphasizing the importance of easing policies to support small businesses. Rep. Troy Downing and Rep. Zach Nunn also announced their respective bills had passed out of the committee, moving closer to becoming law, with a focus on cutting red tape and increasing capital access for rural and Iowa businesses. The committee's agenda reflected a broad effort to enhance investor opportunities, improve disclosure requirements, and support startups and small entities through targeted legislative reforms.
My bill to cut red tape and help Iowa businesses access capital just passed the @FinancialCmte. Next stop, the House floor. https://t.co/YaDHpcxh2y
🚨BIG NEWS🚨 My Expanding Access to Capital for Rural Job Creators Act was reported out of @FinancialCmte today and is one step closer to becoming law. Read more 🔗 https://t.co/nkJsBmBUAM
Our regulations are restricting the government from understanding the needs of small businesses. Policies should make small businesses' lives easier, not harder. I'm thrilled my bill to reduce red tape passed out of @FinancialCmte. https://t.co/VbOA70Fr9w