Securities and Exchange Commission Chairman Jay Clayton says today he is expecting the five-member Commission to pave the way in the near future to let less wealthy individual investors put their money into private funds.
Speaking to the Senate Banking Committee today, he said there is a need to recognize a number of savvy people may not meet the SEC’s “accredited investor” wealth threshold to invest in hedge funds and other private equity.
He acknowledged there are risks in the private markets not in public markets.
At the start of the hearing, Banking Committee Chair Idaho Republican…
Sens. Amy Klobuchar, D-Minn., and Tina Smith, D-Minn., announced Monday, Dec. 9, the U.S. Environmental Protection Agency awarded the Minnesota Department of Natural Resources a $1.75 million supplemental Great Lakes Restoration Initiative grant to continue restoration efforts in the St. Louis River estuary area of concern in Lake Superior.
This supplemental grant brings the total restoration initiative investment in the project to $7.77 million and represents a larger effort to restore and protect the Great Lakes, a news release…
(Learfield News Service/Mpls, MN) “Thank you Minnesota, this is a great state, we are going to win this state in a very short period of time, thank you.” And with that, President Donald Trump began what would be a 90-plus minute rally speech Thursday night at Target Center to thousands of supporters.
Trump said draining the swamp has “energized” him. And he said in the coming 2020 election”the Democrats brazen attempt to overthrow the government will produce a backlash at the ballot box the likes of which they have…
In 2012, 51 percent of Minnesota voters voted “no” on a constitutional amendment to ban same-sex marriage.
In 2012, voters in Minnesota decided against amending the Minnesota Constitution to ban same-sex marriage.
The month before the election, polling for the marriage amendment was neck and neck. Forty-eight in favor. Forty-seven against. A week later, forty-seven in favor. Forty-eight against. Minnesota did become the first state to defeat a ballot initiative of this kind. But the defeat wasn’t by a large margin: 51 percent voted “no.”
The new legislation will sustain and enhance the Department of Energy’s Office of Wind Energy while also increasing investment and supporting jobs in the wind industry. It will renew and expand the Office of Wind Energy and award competitive grants to improve the energy efficiency, reliability and capacity of wind energy generation.
The wind energy sector supports more than 114,000 American jobs and provides more than $1 billion in revenue each year for states and local communities. Senators Smith and Collins say that federal support for wind research and development has already…
Vice President Mike Pence will visit a sign company in Lakeville on Thursday ahead of President Donald Trump’s Minneapolis rally that evening, Pence’s office said Monday.
Pence’s afternoon stop at Safety Signs will follow his wife, second lady Karen Pence, and presidential daughter-in-law Lara Trump hosting an event for the group “Women for Trump” at St. Paul’s Union Depot on Wednesday evening.
The events are part of a multi-pronged thrust this week as Trump makes a serious 2020 campaign push to be the first Republican presidential candidate to win Minnesota since 1972.