EB-5 reforms needed to curb fraud, abuse, national security risks
Washington, D.C. - Bipartisan, bicameral Judiciary Committee leaders today reaffirmed their commitment to reform the troubled EB-5 investor visa program ahead of its scheduled expiration on April 28, or to let the flawed program expire if reforms are not possible. Senate Judiciary Committee Chairman Chuck Grassley and Senator Patrick Leahy, along with House Judiciary Committee Chairman Bob Goodlatte and Ranking Member John Conyers reiterated requirements of any meaningful negotiation as they continue to search for...
WASHINGTON—House Speaker Paul Ryan (R-WI) released the following statement after President Trump signed H.J. Res 43 into law:
“This is a major pro-life victory. Today, another Congressional Review Act bill undoing harmful Obama regulations becomes law. H.J. Res 43 voids a regulation that forces states to use Title X money to fund Planned Parenthood. Taxpayers should not be forced to fund abortion, plain and simple. We remain united and steadfast in our commitment to life and religious liberty.”
House to Vote to Protect Taxpayers from Funding Abortion
Speaker Ryan on...
Washington, D.C. — U.S. Representatives Peter J. Roskam, Chairman of the Ways & Means Tax Policy Subcommittee, and Kevin Brady, Chairman of the Ways & Means Committee, wrote to Attorney General Jeff Sessions today. They called on the Department of Justice to review evidence that Lois Lerner, the former IRS Exempt Organizations Division Director, broke the law to target Americans for their political beliefs.
Chairman Roskam led the investigation into IRS targeting when he was Chairman of the Ways & Means Oversight Subcommittee during the last Congress. Despite a three-year...
Washington, D.C. – House Judiciary Committee Chairman Bob Goodlatte (R-Va.) and Ranking Member John Conyers (D-Mich.) requested that the Office of the Director of National Intelligence provide a public estimate of the number of communications involving U.S. persons incidentally swept up under FISA Section 702. FISA Section 702, which targets the communications of non-U.S. persons outside of the United States in order to protect national security, reportedly contributes to more than a quarter of all National Security Agency surveillance and has been used on multiple occasions to detect...
'He’s going to make a fantastic addition to the court.'
WASHINGTON, D.C. – U.S. Senate Majority Leader Mitch McConnell (R-KY) made the following remarks today on the Senate floor regarding the president’s nominee for the Supreme Court, Judge Neil Gorsuch:
“Yesterday, as we all know, was a consequential one for the Senate. In the end, we restored to this body a tradition Democrats first upset in 2003 by using a tool Democrats first employed in 2013. As a result, we’ll move to the confirmation of Judge Gorsuch shortly. He’s going to make a fantastic addition to the court. He’s going...
Washington, DC – House Majority Leader Kevin McCarthy (CA-23) introduced legislation promoting a program within the Department of Veterans Affairs (VA) to cover costs for non-traditional technology education programs. H.R. 1989, The Veteran Employment Through Technology Education Courses (VET TEC) Act, empowers America’s veterans to leverage new education models such as Massive Open Online Courses and coding boot camps to attain the technological skills needed in the 21st century workforce. McCarthy released the following statement on the introduction of the bill:
“This legislation will...
Washington, D.C. – House Majority Leader Kevin McCarthy (CA-23) released the following statement on House passage of H.R. 1219, the Supporting America’s Innovators Act, by an overwhelmingly bipartisan vote of 417-3:
“Some laws and regulations don’t make sense when the times change. That’s not a bad thing, it’s just a fact. For example, regulations that impose tight limits on how many investors a business can have before a certain threshold may have made sense in the traditional economy. But these rules are mismatched with reality in the age of crowdfunding and online raising of capital....
Washington, D.C. – House Majority Leader Kevin McCarthy (CA-23) and Chief Deputy Whip Patrick McHenry (NC-10) hosted a bipartisan roundtable with Representatives Susan Brooks (IN-05), David Schweikert (AZ-06), Carolyn Maloney (NY-12), and Jim Himes (CT-04) as well as investor Steve Case and venture capitalist Kate Mitchell to celebrate the five-year anniversary of the Jumpstart our Business Startups (JOBS) Act and to discuss ways to build on its success. Leader McCarthy and Chief Deputy Whip McHenry released the following statement:
“Today on the five-year anniversary of the JOBS Act, we have...
THURSDAY, APRIL 6TH On Thursday, the House will meet at 9:00 a.m. for legislative business. First and last votes expected: 10:15 a.m. - 11:15 a.m.
One Minute Speeches H.R. 1219 - Supporting America’s Innovators Act of 2017, Rules Committee Print (Closed Rule, One Hour of Debate) (Sponsored by Rep. Patrick McHenry / Financial Services Committee) Special Order Speeches
Washington, D.C. – House Majority Leader Kevin McCarthy (CA-23) released the following statement on House passage of H.R. 1343, the Encouraging Employee Ownership Act:
“For young startups to compete in an economy populated by large corporations, they need good employees and access to capital. Both are difficult to come by when you’re just starting out, which is why small companies commonly offer stock options to their employees. Not only does that give employees ownership over a piece of the company they work for, but selling stock opens up new sources of capital for businesses with a lot of...