Thursday, Sep. 28, 2023
Now is not the time to threaten companies’ ability to raise capital.
Our U.S. capital markets are the envy of the world, allowing companies across a broad range of industries to raise the capital they need to drive growth and innovation. Following a lengthy slowdown, the IPO market recently began to regain momentum, starting with transactions that took place at the New York Stock Exchange in the second quarter of this year.
A government closure would impede federal regulators from processing filings for IPOs and other transactions, and potentially impact investor confidence and market performance. I’d urge our elected leaders to seek common ground in support of our capital markets at this critical time for the global economy.