Key Metrics
4.79
Heat Index-
Impact LevelMedium
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Scope LevelNational
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Last Update2025-09-16
Key Impacts
Positive Impacts (6)
Event Overview
The legislation addresses the financial challenges faced by small businesses by extending the holding period for merchant banking investments. This extension is intended to facilitate better access to capital, recognizing the critical role of small businesses in the economy.
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Congressman Roger Williams Announces Passage of Merchant Banking Modernization Act
On September 16, 2025, Congressman Roger Williams announced the passage of the Merchant Banking Modernization Act in the House Committee on Financial Services with a 35-17 vote. The act extends the holding period for merchant banking investments from 10 to at least 15 years, aiming to improve capital access for small businesses. Williams emphasized that small businesses are crucial to the American economy but often face challenges in securing capital. The bill aims to align investment timelines with the needs of small businesses, preventing premature exits that can disrupt growth. Rebeca Romero Rainey from the Independent Community Bankers of America supports the bill, highlighting its potential to improve community bank operations.