Access to Capital

HALOS Act Wins Bipartisan Support, Advances to U.S. Senate Watch Chairman Chabot’s full remarks HERE. WASHINGTON – The U.S. House has passed Small Business Committee Chairman Chabot’s bipartisan legislation to help startup companies access early capital. H.R. 79, the Helping Angels Lead Our Startups (HALOS) Act, was passed by a vote of 344 to 73. “One popular way small businesses connect with angel investors is through ‘demo days,’” said Chairman Chabot (R-Ohio). “These exciting events are spons... Read more

WASHINGTON – As the 115th Congress gets to work, House Small Business Committee Chairman Steve Chabot (R-Ohio) introduced H.R. 79, the Helping Angels Lead Our Startups (HALOS) Act. Identified as a way to create opportunities for new entrepreneurs in House Republicans’ Better Way plan for the economy, this bill builds on a provision of the 2012 JOBS Act by allowing angel investor groups established by local governments, non-profits, universities and other organizations to host events designed to ... Read more

Wells Fargo CEO Resignation Not Enough By Chairman Steve Chabot (R-OH) CNBC Opinion If Wells Fargo truly considers the resignation of CEO John Stumpf to be a first step towards regaining the trust of America's entrepreneurs, then there are countless more steps they must take to correct the damage their employees did to millions of Americans by creating fraudulent accounts in their names. As chairman of the House Small Business Committee, I have no higher priority than making sure that America's... Read more

WASHINGTON - House Small Business Committee Chairman Steve Chabot (R-OH) made the following statement on the resignation of Wells Fargo CEO John G. Stumpf: “Mr. Stumpf’s resignation is a first step but there are countless more steps Wells Fargo must take to correct the damage their employees did to millions of Americans by creating fraudulent accounts in their names without their permission. The egregious nature of these actions cannot be overstated. The next step should be for Wells Fargo to fu... Read more

WASHINGTON – House Small Business Committee Chairman Steve Chabot (R-OH) made the following statement about House passage of H.R. 2357, the Accelerating Access to Capital Act, legislation which will help entrepreneurs raise capital to start and grow their small businesses: “Access to capital remains a critical issue for America’s 28 million small businesses. Many of our existing laws and federal regulation make access to capital more difficult for small businesses than for large businesses. HR 2... Read more

Third Plank of Bold Agenda Includes More Than 100 Ideas to Tackle Excessive Regulations, Develop American Energy, and Promote Financial Independence From the Office of the Speaker: WASHINGTON—Today, House Republicans unveiled a plan to grow our economy by tackling excessive regulations, developing American energy, and promoting financial independence for people who work hard and do the right thing. It is our vision for a Confident America that is the best place in the world to live, work, build... Read more

Dodd-Frank Destroying Jobs, Communities in America’s Heartland WASHINGTON – Today representatives from community banks in America’s heartland told a key Congressional subcommittee how government regulations like the Dodd-Frank Act are killing small businesses in rural communities. The witnesses shared their stories with the House Small Business Subcommittee on Economic Growth, Tax and Capital Access about how new red tape like Dodd-Frank has killed jobs and devastated communities in rural Americ... Read more

John Ratzenberger Pitches American Manufacturing to Congress WASHINGTON – Emmy-nominated actor and “Made in America” advocate John Ratzenberger told members of the House Small Business Committee that the face of American manufacturing has changed dramatically in recent years, presenting new job opportunities for millions of Americans. Ratzenberger, best known as Cliff Clavin from the sitcom Cheers and the voice of Hamm from Pixar’s Toy Story movies, testified alongside a panel of small manufact... Read more

Lawmakers Hear from Popular Small Biz Experts WASHINGTON – Today a panel of well-known entrepreneurs shared their personal stories with Members of Congress about what it takes to start a successful small business and what Washington can do to help aspiring entrepreneurs start, grow and expand their business. Coming days after National Small Business Week, the experts and members of the House Small Business Committee had a spirited discussion on the best ways Washington can empower entrepreneurs... Read more

CINCINNATI - House Small Business Committee Chairman Steve Chabot (R-OH) stopped by Fox Business Network's "Mornings with Maria" today to discuss National Small Business Week and the work the Committee is doing to reduce the tax and regulatory burden on America's 28 million small businesses. VIDEO: Watch Chairman Chabot's Full Interview Here Read more