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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…

Committee on Small Business Hearing Highlights How Tax Hikes Crush Small Business Competitiveness

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WASHINGTON, D.C. – Today, Chairman Roger Williams (R-TX) led a full Committee on Small Business hearing titled “Paying Their Fair Share: How Tax Hikes Crush the Competitiveness of Small Businesses.” Chairman Williams issued the following statement after concluding today’s hearing. “As demonstrated in today’s hearing, our nation’s job creators need a tax code that works for them, not…

Chairman Williams: SBA's Decision to Lift 7(a) Moratorium is Irresponsible and Misguided

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WASHINGTON, D.C. – Today, Chairman Roger Williams (R-TX) issued the following statement in response to the Small Business Administration’s (SBA) final rule changes to their flagship 7(a) lending program. “The SBA is moving forward with their proposal to make themselves the primary regulator of more 7(a) lenders while simultaneously reducing the underwriting standards for these government…

Chairman Williams: Five Percent Inflation is Unacceptably High

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WASHINGTON, D.C. – Today, Chairman Roger Williams (R-TX) issued the following statement regarding the latest Consumer Price Index (CPI) report. “When the target inflation rate is 2 percent there is nothing to celebrate when the CPI data comes in higher at 5 percent,” said Chairman Williams. “Main Street America is signaling inflation is still their top concern and with rising interest…

After Visiting Fort Hood, Chairman Williams and Administrator Guzman Highlight the Importance of the Small Business Administration’s Boots to Business Program

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WASHINGTON, D.C. – Today, Chairman Roger Williams (R-TX) and Small Business Administration (SBA) Administrator Isabella Casillas Guzman issued the following statements on the SBA’s Boots to Business program after visiting Fort Hood this past Friday. “The SBA’s Boots to Business program has proven to be an invaluable lifeline to thousands of America’s heroes who were looking to start the…

Committee on Small Business Announces April Hearing Schedule

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WASHINGTON, D.C. – Today, The House Committee on Small Business announced its April hearing schedule. Full Committee Hearing: “Paying Their Fair Share: How Tax Hikes Crush the Competitiveness of Small Businesses.” Date & Time: Tuesday, April 18th at 2:00PM Location: Hearing Room, 2360 Rayburn Subcommittee on Oversight Investigations and Regulations Hearing: “Office of…