The U.S. Senate Committee on Banking, Housing and Urban Affairs held a hearing on improving access to capital for entrepreneurs and small and medium-sized businesses while expanding investment opportunities for individuals. Chairman Tim Scott said the committee is working to update his capital formation package, with priorities including helping companies enter and remain in public markets and tailoring regulation to businesses at different stages of growth. Scott highlighted bipartisan proposals concerning emerging growth companies’ access to public markets, investment options for 403(b) retirement plans and the reporting of business development company expenses. The hearing sought testimony on barriers to capital formation and areas where Congress should pursue practical changes.
U.S. Senate Committee on Banking, Housing and Urban Affairs2026-08-06
U.S. Senate Committee on Banking, Housing and Urban Affairs reviews capital formation proposals and plans package update
The U.S. Senate Banking Committee reviewed ways to expand investment opportunities and improve access to capital for businesses. Chairman Tim Scott said the committee is working to update his capital formation package using bipartisan proposals on public markets, retirement plan investments and business development companies.