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Topic - Patrick T. Mchenry
A solution is gaining steam to help spur small-business growth and the anemic state of job creation. It requires updating Securities and Exchange Commission (SEC) regulations regarding general solicitation and accreditation so average Americans can choose to invest in small businesses.
Just three years after a Democrat-led Congress imposed the federal minimum wage on two U.S. territories in the Pacific, lawmakers last month halted the program in its tracks, acknowledging the move had sapped thousands of jobs from American Samoa and the commonwealth of the Northern Mariana Islands.
"The news of the DOJ targeting gun shops through Operation Choke Point is deeply troubling but not at all surprising," said Rep. Patrick T. McHenry, North Carolina Republican and member of the House Committee on Financial Services. "Time and again this administration has used the guise of enforcement to instead target and punish those with whom they disagree, gun shop owners being the latest example. It is time the DOJ focus on legitimate bad actors instead of forcing these small retailers out of business."
Rep. Jeb Hensarling, Texas Republican and Financial Services Committee chairman, and Rep. Patrick T. McHenry, Colorado Republican and chairman of the subcommittee on oversight and investigations, denied the request Monday, saying they will protect the rights of whistleblowers who have come forward.