Tagged: congress

April 21, 2020 @ 5:26 pm By JD Alois  |  

The US Senate has unanimously approved more funding for the Paycheck Protection Program (PPP) created under the original CARES Act that was tapped dry several days ago. The approval by the Senate now queues up a vote in the US House of Representatives later this… Read More

June 10, 2017 @ 2:22 pm By JD Alois  |  

This past week the House Subcommittee on Digital Commerce and Consumer Protection, part of the Energy and Commerce Committee, held a hearing on Fintech innovation as part of their disruptors series. During the hearing several witnesses delivered prepared statements to the Committee members and one clearly… Read More

May 8, 2017 @ 8:21 am By Erin Hobey  |  

Last week Financial Innovation Now (FIN), an alliance of companies which includes Fintech behemoths innovator Amazon, Apple, Google, Intuit and PayPal, spoke out against language used in the Financial CHOICE Act that would repeal debit swipe fee reform. In a letter penned by FIN Executive Director Brian… Read More

March 30, 2017 @ 9:50 am By Erin Hobey  |  

In votes this and last week that were largely along party lines, US Congress moved to dismantle the landmark internet privacy protections for consumers, a strike against Obama’s telecommunications and technology regulations.. At this writing GoFundMe is hosting fourteen concurrent crowdfunding campaigns that supposedly offer donors the opportunity to buy Congress… Read More

February 12, 2014 @ 10:05 am By Charles Luzar  |  

It’s one of the top 1,000 web sites in the world. It’s been used to fund small, personal pet projects and it’s been used to spur enormous companies. It creates jobs. It’s a platform, an idea, and now even a verb. Do you start a… Read More

December 28, 2013 @ 1:09 pm By Charles Luzar  |  

AARP The Magazine recently ran an article on crowdfunding dealing with the possibilities (and perils) of the evolving means of capital formation. Kickstarter, RocketHub and EarlyShares all get mention in the piece alongside Sherwood Neiss of Crowdfund Capital Advisors. Rockethub’s Alon Hillel-Tuch and EarlyShares’s Heather Schwarz-Lopes… Read More

December 23, 2013 @ 5:00 am By Charles Luzar  |  

In applying a loose definition of the term “crowdfunding,” Rodrigo Nino stands as the undisputed king of the emerging fundraising methodology. He and his team at Prodigy Network crowdfunded a building in Colombia to the tune of over $175 million from investors both in Colombia… Read More

October 23, 2013 @ 4:00 pm By Charles Luzar  |  

“On the heels of another month of anemic job growth, I am encouraged that the SEC unanimously agreed to release equity crowdfunding rules for public comment.  Crowdfunding can unlock private capital and provide opportunities for entrepreneurs and everyday investors to spur economic growth.  To meet… Read More

October 4, 2013 @ 10:14 am By Charles Luzar  |  

Despite the SEC’s delay in proposing and implementing key aspects of the JOBS Act, it seems that US House Republicans will be seeking to expand upon the law in forthcoming legislation. This according to Representative Scott Garrett (R-NJ), a member of the House Financial Services… Read More

October 1, 2013 @ 11:19 am By Charles Luzar  |  

The JOBS Act may have been the last thing the US Congress could agree on. For now, vitriol and disagreement over issues, including but not limited to funding of the Affordable Care Act, have resulted in a government shutdown. What does this mean for the… Read More

May 31, 2013 @ 8:25 am By Charles Luzar  |  

Bisakha Sen, an associate professor at The University of Alabama at Birmingham, has launched a campaign on Microryza to fund her research into the effect of gun policy and gun culture on public safety in the United States. The project aims to draw conclusions based… Read More

December 13, 2012 @ 11:32 am By CFIRA  |  

Washington, D.C. – December 11, 2012 – Senators Jeff Merkley (D-OR) and Michael Bennet (D-CO) urged Chairman Mary Schapiro of the Securities Exchange Commission to request that rules governing crowdfunding activities be issued quickly. Merkley and Bennet were lead sponsors on the CROWDFUND Act, which was… Read More