Press Releases
Gallego, Moran, Warner, Scott Reintroduce Bipartisan Legislation to Bolster American Entrepreneurship
WASHINGTON – Senators Ruben Gallego (D-AZ), Jerry Moran (R-KS), Mark Warner (D-VA), and Tim Scott (R-SC) reintroduced the bipartisan Expanding American Entrepreneurship Act, which would increase the permitted size of angel funds to allow for a higher number of investors in start-up companies. By allowing more individual investors per angel fund and raising the fund’s cap, more investors will be able to invest at a lower rate. This will allow new investors who have less access to capital to invest in start-ups, expanding the funding base for early-stage startups. “Too many promising start-ups hit a wall because they just can’t raise enough money to get their business off the
Gallego Talks Lowering Costs for Everyday Americans in Tucson
TUCSON – Yesterday, Senator Ruben Gallego (D-AZ) visited Southern Arizona to hear from students, community leaders, and local officials and discuss federal solutions to lower the cost of living, fix the housing crisis, and expand broadband internet access. Senator Gallego began his visit with a tour of the University of Arizona’s research facilities, where he met with university leadership to discuss the importance of protecting federal research investments. Despite cuts to federal funding that supports scientific research, U of A continues to receive competitive grants from the National Science Foundation, underscoring the importance of the university’s research contributions to both the state and the nation. Senator
Gallego Travels to Finland, Calls Out Russian Aggression
FINLAND – This weekend, Senator Ruben Gallego (D-AZ) traveled to Finland on a congressional delegation (CODEL) trip to meet with President Alexander Stubb and participate in the fourth annual Helsinki Security Forum. Senator Gallego speaks at the Helsinki Security Forum At the Helsinki Forum on Saturday, Senator Gallego emphasized the need for strong U.S.-European partnerships in the face of Russian aggression and the growing influence of China. “We need to be doing everything we can to reassure our partners. We need to reassure our friends across the Atlantic that we’re here in the fight with them [and] that we have a long-term vision of joint cooperation,” said