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U.S. House finance chair still hopeful for vote on capital formation bill

November 1, 2018 7:06 PM
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WASHINGTON (Reuters) - The chair of the House Financial Services Committee says he is still hopeful the Senate will vote on a bill that would make it easier for companies to raise capital and go public, despite a growing likelihood the legislation has stalled in the upper chamber.

In a statement to Reuters on Thursday, Texas Representative Jeb Hensarling said, without offering a date, he had “faith” that Senate Majority Leader Mitch McConnell would keep a promise to put the bill to a vote on the Senate floor.

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