Congressman Williams' Merchant Banking Modernization Act passed the House Financial Services Committee, aiming to enhance small business capital access.
Quiver AI Summary
On September 16, 2025, Congressman Roger Williams announced the passage of his Merchant Banking Modernization Act during a markup in the House Committee on Financial Services, with a vote of 35-17. The legislation proposes extending the holding period for merchant banking investments from 10 to a minimum of 15 years, aiming to enhance capital access for small businesses.
Congressman Williams stated, "Small businesses are the backbone of the American economy, but many struggle to secure access to capital," highlighting that the current regulations often require premature exits from investments, disrupting growth. The bill aims to align investment timelines with the needs of small business projects.
In addition to supporting local job creation, the bill is backed by various organizations, including the American Bankers Association and the Texas Bankers Association. For more details, the full text of the bill is available online.
Disclaimer: This is an AI-generated summary of a press release. The model used to summarize this release may make mistakes. See the full release here.
Roger Williams Net Worth
Quiver Quantitative estimates that Roger Williams is worth $74.6M, as of September 17th, 2025. This is the 20th highest net worth in Congress, per our live estimates.
Williams has approximately $371.9K invested in publicly traded assets which Quiver is able to track live.
You can track Roger Williams's net worth on Quiver Quantitative's politician page for Williams.
Roger Williams Bill Proposals
Here are some bills which have recently been proposed by Roger Williams:
- H.R.5291: Merchant Banking Modernization Act
- H.R.5100: To extend the SBIR and STTR programs, and for other purposes.
- H.R.4869: Freedom to Compete Act of 2025
- H.R.4828: Blue Shield Privacy Act of 2025
- H.R.4777: INNOVATE Act
- H.R.4474: Equal Shot Act of 2025
You can track bills proposed by Roger Williams on Quiver Quantitative's politician page for Williams.
Roger Williams Fundraising
Roger Williams recently disclosed $100.0K of fundraising in a Q2 FEC disclosure filed on July 15th, 2025. This was the 613th most from all Q2 reports we have seen this year. 9.0% came from individual donors.
Williams disclosed $141.4K of spending. This was the 393rd most from all Q2 reports we have seen from politicians so far this year.
Williams disclosed $906.7K of cash on hand at the end of the filing period. This was the 323rd most from all Q2 reports we have seen this year.
You can see the disclosure here, or track Roger Williams's fundraising on Quiver Quantitative.
