Washington, Dec. 11 -- Rep. French Hill issued the text of the following speech:
Today, H.R. 3383, the Incentivizing New Ventures and Economic Strength Through Capital Formation (INVEST) Act (https://rules.house.gov/sites/evo-subsites/rules.house.gov/files/documents/rcp_h3383_xml.pdf), passed the U.S. House of Representatives by 302 to 123. Led by House Committee on Financial Services Chairman French Hill (R-AR), Capital Markets Subcommittee Chairman Ann Wagner (R-MO), Rep. Gregory Meeks (D-NY), and Rep. Josh Gottheimer (D-NJ), the INVEST Act will cut red tape in Washington, empower entrepreneurs and small businesses, and provide Americans with the opportunity to more freely invest.
Congressman Hill said, "As a former community banker in ...