WASHINGTON, D.C. – House Majority Leader Eric Cantor (R-VA) today issued the following statement regarding Senate consideration of the JOBS Act:
“Over the past week, Leader Reid and Senate Democrats have worked overtime to find excuses not to pass the bipartisan JOBS Act despite support of 390 members in the House, the President, and job creators across the country. Rather than making 11th hour claims about phantom investor protection issues or adding partisan amendments like the Ex-Im Bank reauthorization that threaten to derail the bill, the Senate should pass the JOBS Act and get it to the President’s desk immediately. Republicans, Democrats and the White House vetted the provisions in this bill, which will help small businesses and startups grow, expand and create jobs right away. Senate Democrats need to stop playing politics and act quickly to make sure this bipartisan job creation measure becomes law.”
NOTE: Please review the investor protections contained in the JOBS Act courtesy of the Financial Services Committee HERE.