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Startup companies will find it easier to attract investments that allow them and other small businesses to grow and create jobs under the Helping Angels Lead Our Startups Act (HALOS Act). The HALOS Act – which passed the House with bipartisan support Tuesday 344-73– defines an “angel investor group” and clarifies a regulation issued by the Securities and Exchange Commission about when a business can make a presentation to interested parties without running afoul of the securities laws. “Our econ...
House Financial Services Committee Chairman Jeb Hensarling (R-TX) issued the following statement regarding HUD Secretary Julian Castro’s announcement to lower Federal Housing Administration (FHA) mortgage insurance premiums: “It seems the Obama administration’s parting gift to hardworking taxpayers is to put them at greater risk of footing the bill for yet another bailout. Just three years ago the taxpayers had to spend $1.7 billion to bail out the FHA. Lowering premiums to below market rates no...
House Financial Services Committee Chairman Jeb Hensarling (R-TX) today announced the committee’s leadership team for the 115th Congress. “I look forward to working alongside my colleagues to pass laws that promote a dynamic economy with more jobs, higher wages and greater economic freedom for all Americans,” said Chairman Hensarling. “Our committee will continue to develop bold, forward-looking plans that hold Washington and Wall Street accountable, end taxpayer-funded bailouts and protect cons...
House Financial Services Committee Chairman Jeb Hensarling today welcomed 10 new Republican members who will serve on the committee for the 115th Congress, pending ratification by the House Republican Conference on Friday. “I look forward to working alongside my colleagues to pass laws that promote a dynamic economy with more jobs, higher wages and greater economic freedom for all Americans,” said Chairman Hensarling. “Our committee will continue to develop bold, forward-looking plans that hold ...