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Chairman Williams Subpoenas Two SBA Employees for Agency’s Refusal to Comply with Investigation

| Posted in Press Releases

WASHINGTON, D.C. – Today, Congressman Roger Williams (TX-25), Chairman of the House Committee on Small Business, subpoenaed Tyler Robinson, Special Advisor to the Small Business Administration (SBA), and Arthur Plews, Chief of Staff to the SBA. These actions were necessary because of the agency’s refusal to comply with the Committee’s ongoing investigation into potential electioneering…

House Passes Four Bipartisan Bills to Further Assist Main Street

| Posted in Press Releases

WASHINGTON, D.C. – Yesterday, the U.S. House of Representatives passed four small business bills favorably out of the chamber under suspension. H.R. 5333, the Investing in All of America Act of 2023 – sponsored by Reps. Meuser (PA-09) and Scholten (MI-03). This bill amends the Small Business Investment Act of 1958 and makes thoughtful improvements to the SBIC program to ensure…

Chairman Williams: “Under the Microscope: Examining FinCEN’s Implementation of the Corporate Transparency Act”

| Posted in Opening Statements

WASHINGTON, D.C. – Today, the House Committee on Small Business is holding a full committee hearing titled “Under the Microscope: Examining FinCEN’s Implementation of the Corporate Transparency Act.” Chairman Williams’ prepared opening statement delivered by Rep. Meuser: Good morning, and welcome to today’s hearing which will focus on the Financial Crimes Enforcement Network’s…

Committee on Small Business Holds Hearing Examining Impacts of FinCEN’s Implementation of the Corporate Transparency Act

| Posted in Press Releases

WASHINGTON, D.C. – Today, Chairman Roger Williams (R-TX) led a full Committee on Small Business hearing titled “Under the Microscope: Examining FinCEN’s Implementation of the Corporate Transparency Act.” Chairman Williams issued the following statement after today’s hearing. “Today’s hearing showed the confusion small business owners are facing with the Biden Administration’s…

Chairman Williams Issues Statement on National Small Business Week

| Posted in Press Releases

WASHINGTON, D.C. – Congressman Roger Williams (R-TX), Chairman of the House Committee on Small Business, issued the following statement on National Small Business Week. “Small businesses are the engines of the American economy and the foundations of our communities,” said Chairman Williams. “National Small Business Week is a time to celebrate all small businesses across the country and…

Committee on Small Business Announces May Hearing Schedule

| Posted in Press Releases

WASHINGTON, D.C. – Today, the House Committee on Small Business announced its May hearing schedule. Full Committee Hearing: “Stifling Innovation: Examining the Impacts of Regulatory Burdens on Small Businesses in Healthcare” ·         Date & Time: Wednesday, May 8th at 10:00 AM ET ·         Location:…

Joint Letter to SBA re Funding Circle License Revocation

| Posted in Letters

LETTER – The House Committee on Small Business Chairman Roger Williams and Senate Committee on Small Business And Entrepreneurship Ranking Member Joni K. Ernst wrote to Administrator Isabella Casillas Guzman of the Small Business Administration (SBA), regarding concerns over the SBA's award of a Small Business Lending Company (SBLC) license to Funding Circle April 24, 2024 Read the…

Chairman Williams, Ranking Member Ernst Write to SBA Regarding Funding Circle’s SBLC License

| Posted in Press Releases

WASHINGTON, D.C. – Today, Congressman Roger Williams (R-TX), Chairman of the House Committee on Small Business, and Senator Joni Ernst (R-IA), Ranking Member of the Senate Committee on Small Business and Entrepreneurship, wrote to Small Business Administration (SBA) Administrator Isabella Guzman regarding the agency awarding Funding Circle a Small Business Lending Company (SBLC) license.…

Chairman Williams Issues Statement on New Cost of Regulations

| Posted in Press Releases

WASHINGTON, D.C. – Congressman Roger Williams (R-TX), Chairman of the House Committee on Small Business, issued the following statement regarding the new cost of regulations issued by the Biden Administration. “Nearly every week, without fail, this Administration finds new ways to hamper businesses across America,” said Chairman Williams. “The fact that there was $875 billion…

SMALL BUSINESS SNAPSHOT

| Posted in Snapshots

In the month of April, inflation remained as a leading issue for small business owners, as it has shown to be consistently above the Federal Reserve’s target while the labor market has continued to outperform expectations, driving up the cost of labor. The Consumer Price Index (CPI) data, released earlier this month, showed the inflation rate is currently sitting at 3.5 percent year over…