Access to Capital

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  • Chairman Chabot Responds to Passage of the Financial CHOICE Act
    Posted in Press Releases on June 8, 2017 | Preview rr
    Tags: Access to Capital

    WASHINGTON – House Small Business Committee Chairman Steve Chabot (R-Ohio) released the following statement after passage of H.R. 10, the Financial CHOICE Act, to end taxpayer-funded bailouts and replace it with common-sense reforms that will help grow small businesses. “Dodd-Frank has failed our country. For the last seven years, it has only made it more difficult for small businesses, start-ups and entrepreneurs to get the credit and capital they need. In contrast, the Financial CHOICE Act wil... Read more

  • ICYMI: Key Witness at House SBC Hearing Featured in Glamour
    Posted in In Case You Missed It on May 15, 2017 | Preview rr
    Tags: Access to Capital

    ICYMI: Key Witness at House SBC Hearing Featured in Glamour WASHINGTON - On May 3, Carolyn Rodz, Founder and CEO of Circular Board, a virtual accelerator, spoke before the House Small Business Committee to discuss empowering small businesses through the accelerator model. This week, Carolyn was featured in Glamour, talking about how she and fellow entrepreneur Elizabeth Gore, the entrepreneur-in-residence of Dell Inc, created Alice, the first AI platform for women entrepreneurs. Alice will be a... Read more

  • Chairman Chabot in The Hill: Business accelerators: Entrepreneurs helping entrepreneurs
    Posted in Op-Eds on May 3, 2017 | Preview rr
    Tags: Access to Capital, Regulatory Reform / Regulations, Technology

    Business accelerators: Entrepreneurs helping entrepreneurs Chairman Steve Chabot (R-OH) The Hill May 3, 2017 In National Statuary Hall, located in the heart of the U.S. Capitol building, there is a statue of the great American innovator, Thomas Alva Edison. It was placed there by my fellow Ohioans in recognition of the life work of one of our state’s native sons. The statue depicts Edison holding his most famous invention, which changed the world and illuminates the world to this day: the light... Read more

  • Small Business Committee Introduces Essential Contracting and Entrepreneurial Development Legislation
    Posted in Press Releases on March 29, 2017 | Preview rr
    Tags: Access to Capital, Contracting

    Bipartisan Measures Will Help Small Businesses Thrive WASHINGTON – Small Business Committee Members introduced bipartisan legislation that will improve opportunities for small businesses to compete for federal contracts and modernize entrepreneurial development programs so they can more effectively serve small businesses. “Small businesses create the majority of new jobs in our economy,” said House Committee on Small Business Chairman Steve Chabot (R-OH). "Whether it is creating new opportunitie... Read more

  • The Future of America’s Small Family Farms
    Posted in Press Releases on March 23, 2017 | Preview rr
    Tags: Taxes, Access to Capital, Regulatory Reform / Regulations, Rural America

    Dodd-Frank, Death Tax and the Regulatory Assault on Small Family Farms WASHINGTON – Small family farmers told the House Small Business Committee’s Subcommittee on Agriculture, Energy, and Trade today that capital access restrictions, the death tax and overregulation pose significant challenges to the future of America’s family farms. “Small farms have always been a part of our nation’s fabric, and it cannot be stressed enough that the small family farm is a small family business,” said Subcommi... Read more

  • Making Washington Work for America’s Small Businesses
    Posted in Press Releases on March 22, 2017 | Preview rr
    Tags: Taxes, Health, Access to Capital, Regulatory Reform / Regulations

    Small Business Owners Sound Off on Obamacare, Regulations, Taxes WASHINGTON – Today small business owners told the House Small Business Committee that Obamacare’s mandates, as well as overregulation and the current tax code, are having a devastating effect on their businesses, employees and customers. “These issues are important because too often, small businesses get the short end of the stick which is counterproductive to the economic health of our nation,” explained House Small Business Comm... Read more

  • Small Business Committee Examines SBA’s 7(a) Loan Program
    Posted in Press Releases on March 9, 2017 | Preview rr
    Tags: Access to Capital, Regulatory Reform / Regulations, Oversight

    Popular Program Helps Entrepreneurs Access Early Capital WASHINGTON – Today the House Small Business Committee’s Subcommittee on Investigations, Oversight and Regulations examined the successes of the U.S. Small Business Administration’s (SBA) 7(a) loan program, as well as potential opportunities to strengthen and improve the program. The 7(a) loan program is the SBA’s most common loan program, which made 64,000 loans in FY2015, totaling $24.1 billion. Today’s hearing was the first in a series o... Read more

  • Chabot Statement on Senate Confirmation of Steven Mnuchin as Treasury Secretary
    Posted in Press Releases on February 13, 2017 | Preview rr
    Tags: Access to Capital, Regulatory Reform / Regulations

    WASHINGTON - House Small Business Committee Chairman Steve Chabot (R-Ohio) made the following statement after the U.S. Senate confirmed Steven Mnuchin as the 77th Secretary of the Treasury “I congratulate Mr. Mnuchin on his confirmation as our nation’s new Treasury Secretary and look forward to working with him to open new doors for America’s 28 million small businesses,” said Chairman Chabot. “Mr. Mnuchin’s strong background in finance gives him a keen understanding of and appreciation for the ... Read more

  • Chairman Chabot Statement on Trump Executive Actions on Financial Regulations
    Posted in Press Releases on February 3, 2017 | Preview rr
    Tags: Access to Capital, Regulatory Reform / Regulations

    WASHINGTON - House Small Business Committee Chairman Steve Chabot (R-Ohio) made the following statement about President Donald J. Trump’s executive actions on financial regulations. “President Trump’s executive actions set the stage for rolling back some of the most harmful parts of Dodd-Frank that have hit small businesses worst and first,” said Chairman Chabot. “This is an important first step that will surely help as Congress works to improve access to capital for small businesses and remedy ... Read more

  • Chairman Chabot Praises McMahon Confirmation Hearing Testimony
    Posted in Press Releases on January 24, 2017 | Preview rr
    Tags: Taxes, Access to Capital, Regulatory Reform / Regulations, Contracting, Oversight, Disaster Assistance

    WASHINGTON - House Small Business Committee Chairman Steve Chabot (R-Ohio) made the following statement about SBA Administrator Nominee Linda McMahon's confirmation hearing testimony. "I was extremely impressed with Linda McMahon's confirmation hearing testimony," said Chairman Chabot. "Linda demonstrated that she has the knowledge, experience in job creation, and innovative vision to make the Small Business Administration responsive and accountable to the millions of small businesses it serves.... Read more