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PHILLIPS INTRODUCES BILL TO HELP YOUTH FULFILL THE AMERICAN DREAM

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WASHINGTON, D.C. —Today, Rep. Dean Phillips (D-MN) introduced the American Dream Accounts Act – a historic down payment to help every child in this country realize the American Dream. The American Dream Accounts Act would establish within the Social Security Administration a $5,000 account for every American child, to be invested in an index fund, grow with compound interest, and vest…

Rep. Phillips Requests Enforcement Funding for the Inspector General of the Small Business Administration

| Posted in Press Releases

WASHINGTON, D.C. - Today, Rep. Dean Phillips (MN-03), Vice Ranking Member of the House Small Business Committee, sent a letter to House and Senate Appropriations Committee leaders requesting adequate funding for the Small Business Administration’s (SBA) Office of the Inspector General (OIG). Phillips is a longtime advocate for oversight in pandemic lending programs. SBA Inspector General…

PHILLIPS, HILL, DAVIDS REINTRODUCE BIPARTISAN BILL TO INSPIRE YOUTH ENTREPRENEURSHIP

| Posted in Press Releases

Washington, D.C. — Today, Reps. Dean Phillips (D-MN), French Hill (R-AR), and Sharice Davids (D-KS) reintroduced the 21st Century Entrepreneurship Act to expose students from underserved and minority communities to the entrepreneurship and innovation fields. Entrepreneurship is an engine of economic growth, job creation, and innovation in all areas of the country. Unfortunately, American…

PHILLIPS INTRODUCES HONEST ENTERPRISE ACT TO REWARD ETHICS, SUSTAINABILITY, AND TRUST IN BUSINESS

| Posted in Press Releases

Washington, D.C. – Last week, Rep. Dean Phillips (MN-03) introduced the HONEST Enterprise Act, legislation that would incentivize responsible corporate governance and reward businesses that go above and beyond to care for their employees and make a difference in their communities. Informed by Phillips’s 25-year career in the private sector, the idea was first hatched at the New…

Phillips Leads Legislation to Boost Employee Ownership in Small Business

| Posted in Press Releases

WASHINGTON, D.C. – Today, Rep. Dean Phillips (D-MN), alongside Sens. Van Hollen (D-MD) and Rubio (R-FL), and Reps. Blake Moore (R-UT), Chrissy Houlahan (D-PA), and Dusty Johnson (R-SD), introduced bipartisan, bicameral legislation to support small business owners who pursue an employee-owned business model. Their Employee Equity Investment Act (EEIA) reduces cost barriers small business…

U.S. SBA ADMINISTRATOR, REP. PHILLIPS ON EMPLOYEE OWNERSHIP

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WASHINGTON, D.C. - Today, House Small Business Committee Vice Ranking Member Dean Phillips (MN-03) helped lead lawmakers in questioning U.S. Small Business Administrator Isabella Casillas Guzman. Phillips, whose great-grandfather introduced one of the first documented employee profit sharing plans in America in the 1940’s, is a longtime advocate for…

Phillips Announces New Leadership, Committees for 118th Congress

| Posted in Press Releases

 WASHINGTON, D.C. – Today, Rep. Dean Phillips (MN-03) announced his appointment to new leadership positions on every committee on which he serves. In December, Phillips was also elected by his peers to serve in a leadership role for the entire House Democratic Caucus in the 118th Congress. As Co-Chair of the House Democratic Policy and Communications Committee (DPCC), Phillips will…

PHILLIPS, MINNESOTA BUSINESS LEADERS CELEBRATE CHIPS ACT BECOMING LAW

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BLOOMINGTON, MN – This week, Rep. Dean Phillips (MN-03) celebrated with Minnesota business leaders as the CHIPS and Science Act was signed into law. Phillips helped pass the bipartisan competitiveness bill through the House this July. It will strengthen Minnesota families’ financial future, revitalize our competitiveness on the world stage, and safeguard America’s economic and national…

PHILLIPS TO CELEBRATE PASSAGE OF CHIPS BILL AT SKYWATER TECHNOLOGY

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***MEDIA ADVISORY ***    TOMORROW, AUG. 4, 2022, 10:30 AM CT:   BLOOMINGTON — Rep. Dean Phillips will join representatives from SkyWater Technology to herald legislation signed into law by President Biden that will invest billions of dollars in domestic semiconductor manufacturing and science research. The CHIPS and Science Act, which Biden plans to sign on…