Increase Oversight & Transparency

Luetkemeyer Requests GAO to Audit Federal Agencies on their Regulatory Impact on Small Businesses

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WASHINGTON, D.C. – Today, Ranking Member Blaine Luetkemeyer (R-MO) issued the following statement after penning a letter to the Government Accountability Office (GAO) requesting an audit of federal agencies’ implementation of the Regulatory Flexibility Act, the Small Business Regulatory Enforcement Fairness Act, and the Congressional Review Act. “Small businesses are the American…

Luetkemeyer: SBA Lacks Infrastructure and Expertise to Expand Number of Small Business Lending Companies

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WASHINGTON, D.C. – Today, Ranking Member Blaine Luetkemeyer (R-MO) issued the following statement on the Small Business Administration’s decision to lift the moratorium on Small Business Lending Companies (SBLCs). “The SBA has proven time and again to be ineffective and mismanaged. They lack both the infrastructure and expertise to be the only regulator overseeing lenders. Lifting the…

Small Business Republicans Continue Oversight of the Biden Administration’s Regulatory Attack on the Nation’s Smallest of Businesses

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WASHINGTON, D.C. – Today, Ranking Member Blaine Luetkemeyer (R-MO), along with Republican Members of the House Committee on Small Business, issued the following statements on letters penned to federal agencies regarding the Biden Administration implementation of the Regulatory Flexibility Act (RFA), Small Business Regulatory Enforcement Fairness Act (SBREFA), and Executive Order 13272 as…

Luetkemeyer: Biden’s SBA Continues to Fight Back on Transparency and Accountability

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WASHINGTON, D.C. – Today, Ranking Member Blaine Luetkemeyer (R-MO) issued the following statement on penning a letter to the Small Business Administrator, the Honorable Isabella Guzman, regarding the SBA’s disagreements with the GAO on oversight improvements of the Restaurant Revitalization Fund (RRF): “I am at a loss of words about the fact that the SBA chose to disagree with several…

Luetkemeyer: Republicans Lead Small Business Committee Inquiry into Yellen’s Failure to Testify

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WASHINGTON, D.C. – Today, Ranking Member Blaine Luetkemeyer (R-MO) along with Vice Ranking Member Roger Williams (R-TX), Rep. Dan Meuser (R-PA), and Rep. Beth Van Duyne (R-TX) issued the following statement on the mark-up of the Resolution of Inquiry directed at Treasury Secretary Yellen: “Since day one, I committed to using every tool at my disposal to conduct robust and effective…

Luetkemeyer: Another Inspector General Report Confirms: The SBA’s EIDL Program is Wrought with Potential Fraud

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WASHINGTON, D.C. – Today, Ranking Member Blaine Luetkemeyer (R-MO) issued the following statement on the Small Business Administration (SBA) Office of Inspector General report highlighting potentially fraudulent activity within the Economic Injury Disaster Loan (EIDL) applications: “Fraud has been a continuing theme for the SBA’s EIDL program. The SBA is not outfitted with the necessary…

Luetkemeyer: Biden’s Comparison of PPP Loans and Student Loans is Reckless and Irresponsible

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WASHINGTON, D.C. – Today, Ranking Member Blaine Luetkemeyer (R-MO) issued the following statement regarding Paycheck Protection Program (PPP) loan forgiveness: “The Paycheck Protection Program, a forgivable loan for small businesses created by Congress with vast bipartisan support, is not the same as a student loan. PPP loans saved small businesses and the American worker when Main…

Ranking Member Luetkemeyer’s Statement on President Biden Signing Key Legislation to Expand Statute of Limitations for EIDL and PPP Fraud

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WASHINGTON, D.C. – Today, Ranking Member Blaine Luetkemeyer (R-MO) issued the following statement in response to President Joe Biden signing legislation expanding the statute of limitations of Paycheck Protection Program (PPP) and Economic Injury Disaster Loan (EIDL) fraud to 10 years: “Fraudulent actors are robbing the American taxpayer and both pieces of legislation President Biden…

Stakeholders Speak Out: The SEC’s Proposed Rule will Harm Small Businesses

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WASHINGTON, D.C. – Last week, Ranking Member Blaine Luetkemeyer (R-MO) along with all Republican Members of the House Committee on Small Business and penned a letter to Chairman of the U.S. Securities and Exchange Commission, Gary Gensler. This letter received support from over 91 advocacy organizations, think tanks, and companies. Below are statements of support from several of these…

House Small Business Committee Republicans Pen Letter to SEC Demanding the Rescission of Burdensome Greenhouse Gas Disclosure Requirements on Small Businesses

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WASHINGTON, D.C. – Republican members of the House Committee on Small Business issued the following joint statement after sending a letter to the Chairman of the U.S. Securities and Exchange Commission, Gary Gensler. “Time and time again, Democrats always find a way to inflict damage on small businesses through unnecessary regulations. This time, Biden’s SEC is imposing a…