OFFICIALS LEGISLATION INTEREST GROUPS PUBLIC STATEMENTS COMMITTEES VETOES

Promoting Opportunities for Non-Traditional Capital Formation Act

Floor Speech

Date: June 23, 2025
Location: Washington, DC

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Mr. SHERMAN. Waters), the ranking member of our full committee.

Mr. Speaker, I rise in strong support of the bill of my good friend and ranking member of the Financial Services Committee (Ms. Waters), which requires the SEC's Office of Small Business Advocate to provide educational resources and host events to promote capital-raising options for small businesses.

Her bill would also require the Small Business Office to coordinate on an annual basis with State securities commissions to ensure both Federal and State regulators are working as effectively and efficiently as possible to address the needs of small businesses.

Mr. Speaker, I urge my colleagues to support Ms. Waters' bill, and I yield back the balance of my time.

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