On Tuesday, the House passed legislation encouraging private capital investments in underserved areas.Small Business Investment Companies are privately owned fi
Introduction to the Unified Agenda of Federal Regulatory and Deregulatory Actions-Fall 2023 - Insurance News insurancenewsnet.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from insurancenewsnet.com Daily Mail and Mail on Sunday newspapers.
Last week, U.S. Senators Todd Young (R-Ind.), Tammy Duckworth (D-Ill.), and Jim Risch (R-Idaho) reintroduced the Investing in Main Street Act to increase investment in small businesses by permitting banks to invest up to 15 percent of their capital in Small Business Investment Companies (SBIC). In 1958, the Small Business Administration launched the SBIC program to facilitate
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