Full Committee Hearing

SII: Improving Communities' and Businesses' Access to Capital and Economic Development

Date:   Thursday, May 19, 2016 Time:   10:00 AM

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Topic

The COMMITTEE ON BANKING, HOUSING, AND URBAN AFFAIRS SUBCOMMITTEE ON SECURITIES, INSURANCE, AND INVESTMENT will meet in OPEN SESSION to conduct a hearing on “Improving Communities' and Businesses' Access to Capital and Economic Development.” The witnesses will be: The Honorable Ron Crane, Idaho State Treasurer; Mr. Michael Arougheti, Co-Chairman of the Board of Directors and Executive Vice President, Ares Capital Corporation, on behalf of the Small Business Investor Alliance; Mr. Stephen Hall, Legal Director and Securities Specialist, Better Markets; and Mr. Drew Fung, Managing Director and Head of Debt Investment Group, Clarion Partners, on behalf of the Commercial Real Estate Finance Council.

All hearings are webcast live and will not be available until the hearing starts. Individuals with disabilities who require an auxiliary aid or service, including closed captioning service for webcast hearings, should contact the committee clerk at 202-224-7391 at least three business days in advance of the hearing date.

Witnesses

Witness Panel 1

  1. The Honorable Ron Crane
    Idaho State Treasurer
  2. Mr. Michael Arougheti
    Co-Chairman of the Board of Directors and Executive Vice President
    Ares Capital Corporation, on behalf of the Small Business Investor Alliance
  3. Mr. Stephen Hall
    Legal Director and Securities Specialist
    Better Markets
  4. Mr. Drew Fung
    Managing Director and Head of Debt Investment Group
    Clarion Partners, on behalf of the Commercial Real Estate Finance Council