Yesterday, the House Financial Services Committee passed three bipartisan financial services bills, including legislation to help startup businesses gain access to investment capital and to help law enforcement prevent financial fraud against senior citizens.
When the Financial Services Committee approved the bills last month, Chairman Jeb Hensarling (R-TX) praised the measures as “solutions that will more appropriately balance rules with the urgent need to provide small business entrepreneurs with access to capital” and “help stop the financial abuse of senior citizens.” The three bills that were passed were H.R. 4854, the “Supporting America’s Innovators Act of 2016”, H.R. 4538, the “Senior Safe Act of 2016,” and H.R. 4855, the “Fix Crowdfunding Act”.
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