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Rep. Sarah McBride, the first out transgender member of Congress, achieved a significant legislative victory with the unanimous bipartisan passage of The Equal Opportunity for All Investors Act. The bill, which she cosponsored with both Republican and Democratic colleagues, would allow Americans to become accredited investors through examination rather than meeting strict financial criteria like having a $1 million net worth or high annual income. McBride argued the legislation would democratize investment opportunities and help close the capital gap for entrepreneurs from underrepresented communities, including women, veterans, and people of color who have been excluded from private markets based on wealth rather than knowledge. The unanimous support is particularly notable given the intense anti-transgender hostility McBride has faced from Republican colleagues since taking office. Rather than letting this discrimination derail her legislative agenda, McBride has maintained her fo...
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