Financial Services Committee’s Bipartisan Capital Formation Package Passes House
Washington,
December 11, 2025
Today, the Incentivizing New Ventures and Economic Strength Through Capital Formation (INVEST) Act passed the U.S. House of Representatives with a strong bipartisan vote of 302 to 123. Led by House Committee on Financial Services Chairman French Hill (R-AR), Capital Markets Subcommittee Chairman Ann Wagner (R-MO), Rep. Gregory Meeks (D-NY), and Rep. Josh Gottheimer (D-NJ), the INVEST Act will cut red tape in Washington, empower entrepreneurs and small businesses, and provide Americans with the opportunity to more freely invest. Chairman Hill said, “Today, we ensured the American Dream remains within reach for every family and community across our nation. I applaud the House’s passage of the INVEST Act, which will keep our economy the envy of the world and secure a brighter future for generations to come. Through this bipartisan package, we expanded access to investment capital for new and expanding businesses; provided new investment options for investors and retirement plans; and lowered the costs for companies seeking to go public. I commend Subcommittee Chair Ann Wagner for her tremendous work in leading this legislation that will benefit all Americans in a profound way and am eager for INVEST to be signed into law.” Chair Wagner said, “I work every day to ensure that Americans across the nation, especially in our heartland, can better save for their future, build, and innovate. As Chair of the Capital Markets Subcommittee, I have worked with all of my colleagues to craft vital policies that strengthen our markets so they can continue to be the strongest in the world and support Main Street investors who are saving for important goals like home ownership, a child’s education, or their own retirement. The INVEST Act will supercharge our economy, provide stability for investors, and help small business owners grow and create jobs in communities around the nation. For too long, capital has been concentrated largely in the coastal regions, leaving out critical regions like the great Midwest. The INVEST Act will alleviate that imbalance and support growth in our neighborhoods in Missouri and beyond. It will invest in our community, in our jobs, and in our future. I thank my colleagues for their strong support of my legislation and look forward to the Senate quickly taking action.” Rep. Meeks said, “Across our country, hardworking families are invested in the stock market to build a future. These are the everyday Americans who rely on strong, fair, and accessible markets. Today, with the House’s passage of this bipartisan INVEST Act, we took a major step forward. This bill strengthens our markets, expands opportunities for small businesses, and gives millions of Americans a greater chance to grow their retirement savings and achieve real financial security. At a time when families feel the squeeze of rising costs, this legislation is an opportunity to strengthen the financial future of every American household. I look forward to the INVEST Act becoming law so we can see real progress in closing the financial wealth gap in this country.” Rep. Gottheimer added, “The bipartisan INVEST Act takes vital steps to give Jersey small businesses and start-ups the resources they need to grow and thrive, which is becoming increasingly important as costs continue to surge. This bill also includes my bipartisan legislation, the Senior Security Act, to protect our vulnerable seniors from fraudsters who seek to take financial advantage of them. Millions of seniors across the country, including my own mother, have been the victims of financial scams, and this bipartisan legislation will help protect our seniors from having their hard-earned retirement savings stolen right out from under them.” Click here for the Rules Committee Print of the INVEST Act. Click here for a one-pager. Click here for a section-by-section. Click here for a three-pager. Further Background on the Committee’s work on capital formation legislation:
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