Steil to Serve on House Financial Services Subcommittee on Investor Protection, Entrepreneurship, and Capital Markets
WASHINGTON, D.C.—Following a vote in the House Financial Services Committee, Bryan Steil (WI-01) was named a member of the Subcommittee on Investor Protection, Entrepreneurship, and Capital Markets. Steil is the only Republican freshman to serve on the Subcommittee.
“Vibrant capital markets are critical to the success of workers and entrepreneurs in Southeast Wisconsin. On the Capital Markets Subcommittee, I will work to address issues impacting Main Street investors and job creators,” said Steil. “Federal regulations need to be more efficient. As financial services adapt to the 21st century, we must proactively support small businesses and strengthen capital markets so all Americans can succeed.”
In addition to the Subcommittee on Investor Protection, Entrepreneurship, and Capital Markets, Steil remains a member of the Subcommittees on Housing, Community Development, and Insurance and Diversity and Inclusion. Steil is also a member of the Task Force on Financial Technology.
The jurisdiction of the Subcommittee on Investor Protection, Entrepreneurship, and Capital Markets includes the following: initiatives to protect investor interest and to promote investor confidence in market integrity; securities, including retirement savings plans and products, exchanges, and finance; capital markets activities, including securitization, business capital formation, securities lending, and repurchase agreements; investment companies, investment advisers, and advisers to private funds; activities involving accounting and auditing; activities involving futures, forwards, options, and other types of derivative instruments; the Securities and Exchange Commission; the Financial Accounting Standards Board; the Municipal Securities Rulemaking Board; the Public Company Accounting Oversight Board; the Securities Investor Protection Corporation; and self-regulatory organizations registered with the Securities and Exchange Commission.