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Milken Institute Executive VP of Finance Michael Piwowar testifies before US House Committee on Financial Services

News Release
Milken Institute Executive VP of Finance Michael Piwowar testifies before US House Committee on Financial Services
Piwowar urges policymakers to build on successes and lessons learned from the JOBS Act when crafting policy reforms to make capital markets attractive for small and emerging businesses raising capital

WASHINGTON, DC (March 9, 2023) — Today, Michael Piwowar, Executive Vice President, MI Finance, Milken Institute, provided testimony before the US House Committee on Financial Services Subcommittee on Capital Markets. Piwowar shared comments at the hearing “U.S. Public Markets Built for the 21st Century: Exploring Reforms to Make Our Public Markets Attractive for Small and Emerging Companies Raising Capital.”

“Recall the overwhelmingly bipartisan success of the JOBS Act of 2012. It significantly improved access to capital and job creation by small businesses in the United States. We have an opportunity to build on that success,” Piwowar noted. “I look forward to working with members of this Subcommittee to make our public capital markets attractive for small and emerging companies raising capital and to achieve more equitable access to investing in our nation’s entrepreneurs and job creators.”

The Milken Institute has long championed equitable access to capital and investment opportunities for our nation’s small and emerging businesses as demonstrated in the testimony.

The full written testimony can be viewed here.

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About the Milken Institute

The Milken Institute is a nonprofit, nonpartisan think tank focused on accelerating measurable progress on the path to a meaningful life. With a focus on financial, physical, mental, and environmental health, we bring together the best ideas and innovative resourcing to develop blueprints for tackling some of our most critical global issues through the lens of what’s pressing now and what’s coming next. For more information, visit: www.milkeninstitute.org.