FOR IMMEDIATE RELEASE
January 27, 2025 

Contact: Evan Keller
Email: ekeller@nvca.org

WASHINGTON, DC National Venture Capital Association (NVCA) President and CEO Bobby Franklin issued the following statement after the U.S. Senate voted to confirm Scott Bessent as the next Secretary of the U.S. Department of the Treasury: 

“Scott Bessent’s impressive real-world experience in global private markets uniquely positions him to pursue policies that support the growth of high-impact startups. The venture capital industry looks forward to working with Secretary Bessent and the Treasury Department to reduce unnecessary compliance burdens, advance tax policies that promote innovation, and strengthen America’s entrepreneurial ecosystem.” 

### 

The National Venture Capital Association (NVCA) empowers the next generation of American companies that will fuel the economy of tomorrow. As the voice of the U.S. venture capital and startup community, NVCA advocates for public policy that supports the American entrepreneurial ecosystem. Serving the venture community as the preeminent trade association, NVCA arms the venture community for success, serving as the leading resource for venture capital data, practical education, peer-led initiatives, and networking. For more information about the NVCA, please visit www.nvca.org