Press Release

McHenry Releases Jobs and Economy Task Force’s Recommendations to Foster Growth Through Innovation

Today, the Leader of the House Republican Task Force on Jobs and the Economy, Congressman Patrick McHenry (NC-10), announced the Task Force’s solutions to foster long-term, sustainable growth through innovation.


“Innovation is a central component of creating long-term economic growth and bolstering U.S. competitiveness,” said Republican Leader McHenry. “While Democrats fear what they don’t understand, Republicans are working to harness the power of new technology to build a more inclusive and dynamic economy. Ensuring the future infrastructure of the global financial system is built here in America is essential to creating jobs and maintaining our economic influence. At the same time, we can help entrepreneurs access the capital they need to innovate and support American workers through our markets, instead of unelected bureaucrats in Washington picking winners and losers. I’m proud to release the Republican Task Force on Jobs and the Economy’s recommendations to foster robust and enduring growth through innovation.”

In an op-ed published in The Hill, Congressman French Hill (AR-02) and Congressman Byron Donalds (FL-19), leaders on the Task Force’s innovation pillar, argued that expanding the accredited investor definition would give innovators and entrepreneurs greater access to capital, while giving more everyday Americans the opportunity to build wealth through our private markets.

Read more details about the Jobs and Economy Task Force’s recommendations to foster growth through innovation here.

House Republican Leader Kevin McCarthy (CA-23) established the Task Force on Jobs and the Economy to develop forward looking, pro-growth solutions to get our economy back on track. In addition to focusing on getting Americans back to work, securing U.S. supply chains, and return to sound money, fiscal discipline, and budget enforcement, the Task Force will also provide solutions to foster growth through innovation.

The Task Force previously announced its recommendations to get Americans back to work here.

The Task Force previously announced its solutions to secure U.S. supply chains here.

The Task Force previously announced its recommendations to get America’s fiscal house in order through fiscal discipline, budget enforcement, and sound money principles here.

Jobs and Economy Task Force Members: Rep. Patrick McHenry (NC-10), Rep. Lisa McClain (MI-10), Rep. Jodey Arrington (TX-19), Rep. John Rose (TN-06), Rep. Ashley Hinson (IA-01), Rep. Byron Donalds (FL-19), Rep. Don Bacon (NE-02), Rep. French Hill (AR-02), Rep. Bryan Steil (WI-01), Rep. Nancy Mace (SC-01), Rep. Adrian Smith (NE-03), Rep. David Schweikert (AZ-06), Rep. Andrew Garbarino (NY-02), Rep. Scott Fitzgerald (WI-02), Rep. Blaine Luetkemeyer (MO-03), Rep. Bill Johnson (OH-06)