Ann Wagner R

Fee Increases for Reckless Mismanagement Act of 2025 or FIRM Act of 2025This bill requires the Department of State to increase the fee for certain nonimmigrant visa applicants (i.e., those who are visiting temporarily for business or pleasure) who are nationals of certain countries. In particular, the State Department must increase the fee on the nationals of a country if …

This bill modifies an existing requirement for the Department of State to review and report on its guidance to federal agencies on the U.S.-Taiwan relationship. (The U.S.-Taiwan relationship has been unofficial since 1979, when the United States established diplomatic relations with China and broke them with Taiwan.)Current law requires the State Department to conduct a one-time review of its guidance …

Encouraging Public Offerings Act of 2025This bill provides statutory authority for all issuers of securities to use certain offering procedures that are available to emerging growth companies.Specifically, the bill allows under statute issuers of securities to communicate with potential investors to ascertain interest in a contemplated securities offering, either before or after the filing of a registration statement (i.e., test …

Increasing Investor Opportunities Act This bill allows a closed-end fund—a portfolio of pooled assets with a limited number of shares traded on an exchange—to increase its investment in private investment funds. Specifically, the Securities and Exchange Commission is prohibited from limiting the sale or listing of securities of a closed-end fund that invests in private investment funds. This bill also apples …

Developing and Empowering our Aspiring Leaders Act of 2025 This bill directs the Securities and Exchange Commission to revise venture capital investment regulations to allow additional types of investments to be considered as qualifying investments. Venture capital funds are exempt from certain regulations applicable to other investment firms, including those related to filings, audits, and restricted communications with investors. Under …