The U.S. Chamber of Commerce appreciates the Capital Markets’ Subcommittee for holding the hearing “Empowering Entrepreneurs: Removing Barriers to Capital Access for Small Businesses.” In 2012, a divided Congress came together to pass the Jumpstart Our Business Startups (JOBS) Act, landmark legislation that reduced the bureaucratic barriers to raising capital and helped spur business growth and innovation on an economywide scale. The 118th Congress has an opportunity to build off that success, and this hearing is a critical first step.