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House Republicans Pass INVEST Act to Cut Red Tape and Promote Main Street Growth

WASHINGTON—Today, the House passed H.R. 3383, the INVEST Act, led by Rep. Ann Wagner (R-Mo.). The bill cuts Washington red tape, expands access to capital for small businesses, and gives everyday Americans more freedom to invest and build wealth.

House Republican Conference Chairwoman Lisa McClain (R-Mich.) and Rep. Wagner released the following statements:

“For too long, Washington’s broken priorities strangled small businesses and working families,” said Chairwoman McClain. “The INVEST Act flips the script, opening the door to real investment, real growth, and real wealth-building for Main Street. Republicans are all-in on unleashing investment in every corner of America and rebuilding an economy that puts workers, families, and small businesses first.”

“I work every day to ensure that Americans across the nation, especially in our heartland, can better save for their future, build, and innovate.  As Chair of the Capital Markets Subcommittee, I have worked with all of my colleagues to craft vital policies that strengthen our markets so they can continue to be the strongest in the world and support Main Street investors who are saving for important goals like home ownership, a child’s education, or their own retirement,” said Rep. Wagner. “The INVEST Act will supercharge our economy, provide stability for investors, and help small business owners grow and create jobs in communities around the nation.   For too long, capital has been concentrated largely in the coastal regions, leaving out critical regions like the great Midwest.  The INVEST Act will alleviate that imbalance and support growth in our neighborhoods in Missouri and beyond.  It will invest in our community, in our jobs, and in our future.  I thank my colleagues for their strong support of my legislation and look forward to the Senate quickly taking action.”

The INVEST Act will:

  • Make it easier and cheaper for small businesses to get the money they need to grow.

  • Give more Americans the chance to invest by updating old rules.

  • Strengthen U.S. markets so more companies can grow, hire, and go public in America—not overseas.