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  • Chairman Chabot Responds to OIG Report on Ineligible Loans Made to Poultry Farmers
    Posted in Press Releases on March 8, 2018 | Preview rr
    Tags: Rural America

    WASHINGTON – This week, Chairman Chabot released the following statement after the U.S. Small Business Administration (SBA) Office of Inspector General (OIG) published a report evaluating SBA’s 7(a) loans made to poultry farmers: “Unfortunately, the report confirms what the Committee already suspected: that there is misuse within the program regarding 7(a) loans made to poultry farmers that began in previous Administrations. OIG found loans made to farmers did not meet the SBA’s regulatory requi... Read more

  • Chabot Supports BRICK Act to Protect Small Business Owners in the Brick, Clay and Tile Industries
    Posted in Press Releases on March 8, 2018 | Preview rr

    WASHINGTON – Today, Chairman Chabot (R-OH) released the following statement after the House passed H.R. 1917, the Blocking Regulatory Interference from Closing Kilns (BRICK) Act: “As Chairman of the Committee on Small Business, I continue to hear from small business owners all across America that compliance with regulations is one of the greatest challenges they face. The regulation at issue in the BRICK Act is one such regulation that is estimated to cost the industry $100 million to comply. I ... Read more

  • Regulatory Reform and Rollback: The Effects on Small Businesses
    Posted in Press Releases on March 7, 2018 | Preview rr

    WASHINGTON—Today, Members of the House Committee on Small Business heard from a panel of stakeholders on the effects of Congress and the President’s regulatory reform and rollback efforts for small businesses and how to improve and lighten the regulatory burden. “Small business owners must navigate what is often a tangled web of complex, confusing, and costly regulations. A start-up company will spend on average over $83,000 in regulatory costs alone in the first year. Small business owners also... Read more

  • Chairman Chabot Disappointed in NLRB’s Decision to Allow Joint Employer Rule to Stand
    Posted in Press Releases on March 6, 2018 | Preview rr

    WASHINGTON – This week, House Committee on Small Business Chairman Steve Chabot (R-OH) sent a letter to Marvin Kaplan, Chairman of the National Labor Relations Board (NLRB), expressing his disappointment in the NLRB’s recent vote to reinstate the harmful joint employer rule by vacating the Hy-Brand Industrial Contractors, Ltd. and Brandt Construction Co. decision from December 2017. In the letter, Chairman Chabot said: “For over 30 years, the NLRB used one standard to determine whether two separ... Read more

  • Disconnected: Rural Broadband and the Business Case for Small Carriers
    Posted in Press Releases on March 6, 2018 | Preview rr
    Tags: Rural America

    WASHINGTON—Today, Members of the Subcommittees on Health and Technology and Agriculture, Energy, and Trade held a joint hearing on the challenges in the current regulatory and operational environment that limit the ability of small carriers to bridge the rural digital divide. “As our world becomes increasingly dependent on a robust telecommunications service and wireless internet, the lack of it in places like American Samoa and rural America becomes even more glaring,” said Subcommittee Chairwo... Read more

  • Occupational Hazards: How Excessive Licensing Hurts Small Business
    Posted in Press Releases on February 27, 2018 | Preview rr

    WASHINGTON – Today, Subcommittee Chairman Dave Brat (R-VA) and the Subcommittee on Economic Growth, Tax, and Capital Access held a hearing on occupational licensing and its excessive impact on American small businesses. “The percentage of the workforce that requires an occupational license has increased from less than 5 percent in the 1950s to almost 33 percent today,” said Subcommittee Chairman Dave Brat. “But one of the most telling statistics about licensing is that while there are 1,100 occu... Read more

  • Examining How One-Size-Fits-All Regulations Affect Community Banks and Credit Unions
    Posted in Press Releases on February 27, 2018 | Preview rr
    Tags: Access to Capital, Oversight and Regulatory Reform

    WASHINGTON – Today, Chairman Steve Chabot (R-OH) and the Committee on Small Business held a hearing to examine how red tape and bureaucracy affect community banks and credit unions. Specifically, Committee Members examined a Government Accountability Office (GAO) report that identified a number of financial regulations that hurt smaller financial institutions. “The local community bank and the neighborhood credit union play an outsized role in lending to small businesses. This relationship betwe... Read more

  • Workforce Development: Closing the Skills Gap
    Posted in Press Releases on February 26, 2018 | Preview rr

    WASHINGTON—Today, Members of the House Committee on Small Business attended a field hearing in Newportville, Pennsylvania to hear from stakeholders about how federal programs help or hinder workforce development initiatives aimed at supporting small business. “Even in this time of economic growth, many small businesses across numerous industries are struggling to find qualified workers. If left unaddressed, this ‘skills gap’ will not only impact businesses and workers, but lead to significant ec... Read more

  • Restoring Rural America
    Posted in Press Releases on February 15, 2018 | Preview rr
    Tags: Rural America

    WASHINGTON—Today, Subcommittee Chairman Rod Blum (R-IA) and the Subcommittee on Agriculture, Energy, and Trade heard from a panel of witnesses who are driving agricultural entrepreneurship and innovation. “Agricultural innovations and technologies (agritech) have the ability to increase farm productivity, reduce resource use, and boost profits,” said Subcommittee Chairman Rod Blum. “Agritech entrepreneurship activity is also spurring rural revitalization with agritech initiatives in America’s He... Read more

  • Private Sector Options for Small Business
    Posted in Press Releases on February 14, 2018 | Preview rr
    Tags: Access to Capital

    WASHINGTON—Today, Chairman Steve Chabot (R-OH) and the Committee on Small Business heard testimony from Steven Strongin, Head of the Global Investment Research Division at Goldman Sachs, and two small business entrepreneurs. Both J.R. Foster, President and CEO of the Robert Louis Group, and Jessica Johnson-Cope, President of Johnson Security Bureau, Inc., are graduates of the Goldman Sachs 10,000 Small Businesses program. “Our small businesses — the true engines of our economy — unfortunately co... Read more