Rep. Sarah McBride Secures House Approval for First Bill to Broaden Investment Access

• Rep. Sarah McBride achieves milestone with Landmark Bill to democratize investment access for underserved communities
• The bill opens doors for financially capable individuals to access private capital markets, regardless of wealth

Focused on equity and opportunity, Congresswoman Rep. Sarah McBride’s first bill passes to modernize investment eligibility standards. Her bipartisan-backed legislation introduces a knowledge-based pathway for aspiring investors to gain access to private offerings, shifting the focus from wealth to financial capability.

The bill aims to democratize private investment opportunities. The House backs McBride’s effort to shift investor access fostering broader participation. Just before the summer recess, she co-leads the equal opportunity for All Investor Act, an effort to redefine ‘accredited investor’ criteria and empower more Americans to participate in private investment markets.

“Right now, only millionaires can invest in these markets — that shuts out everyday Americans, especially women, veterans and people of color," Congresswoman McBride said. "We need a system where a Black woman in Wilmington or a veteran in Georgetown has the same chance to build wealth as someone on Wall Street."

“In Delaware, I've heard from veteran entrepreneurs, with women business owners who are locked out, not because they lack knowledge, but because they can't get investment. And it's not because of who they are, it's because of who they don't know.”

She highlights support from Delaware’s Black Business Leaders. The chamber’s potential was recognized to narrow capital gape and create greater investment access for diverse entrepreneurs. Current federal law limits private investment access to high-net-worth individuals. The act is an introduction to equitable pathway focusing on financial understanding rather than personal wealth.

McBride voiced confidence in the bill’s future, anticipating similar bipartisan alignment in the Senate to see it through to law, following a rare unanimous vote in the House. McBride emphasizes her continued opposition against the harmful federal funding reductions. However, she remains open to partnership with GOP members committed to meaningful dialogue and shared solutions.