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Incumbent Rep. Stephen Fincher got bill passed

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Posted: Wed 1:05 PM, Oct 17, 2012

NASHVILLE, Tenn. (AP) -- U.S. Rep. Stephen Fincher heads into the Nov. 6 election with a legislative success to talk about.

What remains to be seen is whether most 8th District voters also see it that way.

The Tennessean's Washington bureau reported the freshman Republican's Jumpstart Our Business Startups Act was supported by business groups because its aim is to make it easier for small, private firms to get venture capital through initial public offerings.

Some consumer groups warned the act is reminiscent of financial deregulation that set the stage for the Great Recession.

In the end, though, President Barack Obama signed the bill into law April 5 after the administration strongly supported the legislation.

Fincher is being challenged by Democrat Tim Dixon and independents James Hart and Mark Rawles.


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