Chair opens hearing on capital formation, urges broader access for Main Street
The chair opened a committee hearing on capital formation, emphasizing the need to expand investment opportunities beyond concentrated financial centers and asking witnesses for practical reforms to help entrepreneurs and everyday investors.
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The chair opened the hearing, calling the session to examine how to make it easier for entrepreneurs, small businesses, growing companies and everyday investors to build opportunity through capital formation. He framed capital formation as a Main Street issue, not just a Wall Street term, and said the committee would hear from witnesses about what is working and where Congress should focus.
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