In this issue:
- The 113th Congress
- The Administration
- Securities and Exchange Commission
- Commodity Futures Trading Commission (CFTC)
- Association for Corporate Growth (ACG)
- Private Equity Growth Capital Council (PEGCC)
- Small Business Investor Alliance (SBIA)
- U.S. Chamber of Commerce
- Excerpt from The Administration:
On Tuesday, the President released his FY 2015 budget, which contains $1.014 trillion in discretionary spending – in line with the spending caps agreed to by the Sen. Patty Murray/Rep. Paul Ryan agreement. The President proposes $1.7 billion for the SEC, which would be $26 million more than FY 2014 budget and an increase of $350 million above current levels. The President also requests $280 million for the CFTC, which is $65 million above the current budget level but $35 million below the amount requested last year. SEC Chairwoman Mary Jo White issued a brief statement in support of the President’s proposed increase in SEC funding while CFTC Commissioner Bart Chilton issued a statement calling the President’s proposed CFTC funding level insufficient.
Please see full newsletter below for more information.
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