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The Weild Foundation Launches as a New Nonpartisan Leader in U.S. Economic Reform

businesswire.com

NEW YORK--( BUSINESS WIRE)-- The Weild Foundation for American Competitiveness announced its launch as an independent, nonpartisan think tank dedicated to solving the structural challenges weakening America’s economic future. The Foundation will develop research, education, and actionable policy frameworks across four pillars critical to U.S. competitiveness: People, Capital Access, Resources, and Entrepreneurship

"With better ideas, better incentives, and bipartisan support, we can rebuild the engines of growth and restore upward mobility for every American." - David Weild IV

Founded by David Weild IV, former Vice Chairman of NASDAQ and widely regarded as the “ Father of the JOBS Act,” the Foundation institutionalizes the research-to-education-to-reform model that shaped one of the most significant capital markets reforms since the time of FDR (1933-1945). The JOBS Act and subsequent reforms unlocked billions in private capital, tripled biotech IPOs, and expanded opportunities for entrepreneurs across the country. It is being iterated and expanded and has informed the Genius and Clarity Acts.

“America is facing deep structural challenges. A collapsing small-public-company ecosystem, shrinking workforce participation, slowing innovation, unsustainable growth in health care costs, unaffordable housing, and a national debt that has surpassed $38 trillion. Together, these economic problems jeopardize our national security,” said David Weild IV. “But this is not inevitable. With better ideas, better incentives, and bipartisan support, we can rebuild the engines of growth and restore upward mobility for every American.”

The Foundation’s mission is to create research and educational initiatives that uncover politically attractive, non-obvious solutions to today’s major economic challenges and equip change-makers to act with impact. Its vision is to become the leading nonpartisan think tank delivering a better future to all Americans. The organization’s near-term objectives include:

To support its long-term mission, the Foundation is building a $25 million endowment to create a permanent, world-class research and education infrastructure capable of shaping national reform.

Visit WeildFoundation.org.