H.R. 4429: Developing and Empowering our Aspiring Leaders Act of 2025

H.R. 4429 is a federal bill in the 119th Congress. Currently, venture capital funds can only count direct investments in companies as "qualifying investments" to maintain their special regulatory exemptions. This bill changes that by allowing investments made through secondary transactions, where a fund… See its sponsors, how members voted, and a plain-English breakdown on PolityLens.