Bipartisan Bills Pass House to Support Small Businesses and Strengthen National Security

Strategic Insights -

Congresswoman Maxine Waters (D-CA), the ranking member of the House Financial Services Committee, announced the passage of twelve bipartisan bills that support small businesses, protect investors, and strengthen national security. These bills have been passed under suspension of the rules, a procedure used to quickly pass bills with broad bipartisan support. The bills will now await a vote in the Senate.

Key Takeaways:

  • Twelve bipartisan bills were passed by the House of Representatives on July 23, 2025, to support small businesses, protect investors, and strengthen national security.
  • The bills include H.R. 1764, which would lower the borrowing costs of the International Development Association (IDA) by permitting IDA to sell its debt in US markets.
  • H.R. 1450 would strengthen national security by improving OFAC's investigative capabilities against sanctioned individuals.
  • H.R. 3395 would require the Government Accountability Office to study the direct and indirect costs associated with middle market companies going public.
  • H.R. 3357 would require public companies with multiple classes of stock to clearly disclose who owns and controls voting power.
  • H.R. 1469 would create a Senior Investor Taskforce within the Securities and Exchange Commission to protect older investors from financial exploitation.
  • H.R. 1549 would require the Treasury Department to assess the risks to the financial sector of the People's Republic of China.
  • H.R. 3382 would require the Securities and Exchange Commission to conduct a comprehensive study and update rulemaking regarding the definition of "small entity."
  • H.R. 3351 would enable the Small Business Advocate at the Securities and Exchange Commission to more efficiently conduct outreach and collect information to help small businesses raise capital.
  • H.R. 3343 would ensure that Emerging Growth Companies can benefit from streamlined disclosure rules even when merging with other companies.
  • H.R. 3339 would direct the Securities and Exchange Commission to establish certification exams for individuals seeking accredited investor status.
  • H.R. 1716 would require the Treasury Secretary to review and report on U.S. financial institutions and accounts connected to senior officials of the People's Republic of China.
  • H.R. 2384 would establish a working group among key federal government departments and key private sector experts to combat terrorism and illicit financing on digital platforms.

Statistics:

  • Twelve bipartisan bills were passed by the House of Representatives on July 23, 2025.
  • 12 bills with total number of sponsors.
  • Majority of bills support small businesses and protect investors, while 4 bills strengthen national security.

Sources:

  • Democrats-Financial Services Committee (House of Representatives): https://democrats-financialservices.house.gov/news/documentsingle.aspx?DocumentID=413710