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Committee on Small Business Hearing Raises Serious Concerns Over the SBA’s Changes to the 7(a) Lending Program

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WASHINGTON, D.C. – Today, Chairman Roger Williams (R-TX) led a full Committee on Small Business hearing titled “Taking on More Risk: Examining the SBA's Changes to the 7(a) Lending Program Part I.” Chairman Williams issued the following statement after concluding today’s hearing. “Today’s hearing did nothing to assuage our concerns over the Small Business Administration’s reckless rule…

On National Small Business Week, House Committee on Small Business Celebrates Main Street’s Contributions to America

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WASHINGTON, D.C. – Today, Chairman Roger Williams (R-TX) along with the Republican Members of the House Committee on Small Business issued the following joint statement to commemorate National Small Business Week. “Small businesses are the backbone of our nation’s economy and the heart and soul of countless communities across the country. They are on the front lines of innovation and job…

Chairman Williams Releases Statement on Weak GDP Results

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WASHINGTON, D.C. – Today, Chairman Roger Williams (R-TX) issued the following statement on today’s GDP data showing the economy slowed to a 1.1% annual rate. “Despite what President Biden may say, his presidency has been an abject disaster for Main Street and for the pocketbooks of all working-class Americans,” said Chairman Williams. “Whether it be two years of unprecedented levels of…

Subcommittee on Innovation, Entrepreneurship, and Workforce Development Holds Hearing Examining Labor Shortage Issues Hamstringing Main Street

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WASHINGTON, D.C. – Today, Small Business Subcommittee on Innovation, Entrepreneurship, and Workforce Development Chairman Marc Molinaro (R-NY) held a hearing titled “Help Wanted: Exploring How Alternative Paths to Student Debt Can Help to Strengthen Small Business.” Subcommittee Chairman Molinaro issued the following statement after concluding today’s hearing. “I’m grateful to all of…

Chairman Williams Praises Passage of Limit, Save, Grow Act

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WASHINGTON, D.C. – Today, House Committee on Small Business Chairman Roger Williams (R-TX) issued the following statement on the passage of the Limit, Save, Grow Act of 2023. “Every small business in America must operate within their means and the federal government must do the same,” said Chairman Williams. “The Limit, Save, Grow Act will begin to curb the…

Williams, Luetkemeyer, Van Duyne, and Meuser Raise Concerns Over the SBA’s Changes to its Flagship Lending Program

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WASHINGTON, D.C. – Today, Chairman Roger Williams (R-TX) along with Vice Chairman Blaine Luetkemeyer (R-MO), Oversight Subcommittee Chairman Beth Van Duyne (R-TX), and Economic Growth Subcommittee Chairman Dan Meuser (R-PA) issued the following statements after penning a letter to the Small Business Administration’s (SBA) Office of Capital Access Associate Administrator Patrick Kelley…

Committee on Small Business Announces May Hearing Schedule

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WASHINGTON, D.C. – Today, the House Committee on Small Business announced its May hearing schedule. Full Committee Hearing: “Taking on More Risk: Examining the SBA’s Changes to the 7(a) Lending Program Part I” Date & Time: Wednesday, May 10th at 10:00 AM Location: Hearing Room, 2360 Rayburn Subcommittee on Contracting and Innovation Hearing: “Leveling the Playing…

Van Duyne Pens Letter to SBA to Claw Back Fraudulent COVID Funds

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WASHINGTON, D.C. – Today, Small Business Subcommittee on Oversight, Investigations, and Regulations Chairman Beth Van Duyne (R-TX) issued the following statement after penning a letter to Small Business Administrator Isabella Guzman seeking information on the SBA’s actions on retrieving COVID-program fraudulent loans. “As the Small Business Administration (SBA) doled out an unprecedented…

Chairman Van Duyne: “Office of Inspector General Reports to Congress on Investigations of SBA Programs”

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WASHINGTON, D.C. – Today, the House Committee on Small Business Subcommittee on Oversight, Investigations, and Regulations is holding a subcommittee hearing titled “Office of Inspector General Reports to Congress on Investigations of SBA Programs.” Subcommittee Chairman Beth Van Duyne’s opening statement as prepared for delivery: Good morning and welcome to today’s hearing which will…

Subcommittee on Oversight, Investigations, and Regulations Hearing with SBA Inspector General Shines Light on SBA Mismanagement and Fraud

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WASHINGTON, D.C. – Today, Small Business Subcommittee on Oversight, Investigations, and Regulations Chairman Beth Van Duyne (R-TX) held a hearing titled “Office of Inspector General Reports to Congress on Investigations of SBA Programs.” Subcommittee Chairman Van Duyne issued the following statement after concluding today’s hearing. “Today’s hearing was an important step in our…