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Chairman Williams: "Taking on More Risk: Examining the SBA's Changes to the 7(a) Lending Program Part II"

| Posted in Press Releases

WASHINGTON, D.C. – Today, the House Committee on Small Business is holding a full committee hearing titled “Taking on More Risk: Examining the SBA’s Changes to the 7(a) Lending Program Part II.” Chairman Roger Williams’ opening statement as prepared for delivery: Good morning and welcome to today’s hearing which will focus on the Small Business Administration’s changes to the 7(a) Loan…

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

| Posted in Press Releases

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 II.” Chairman Williams issued the following statement after concluding today’s hearing. “Today’s productive hearing highlighted how the SBA’s misguided rule changes jeopardize the long-term…

Letter to DOE re RFA Energy Conservation Standards

| Posted in Letters

LETTER – The House Committee on Small Business wrote to the Department of Energy (DOE) Secretary, Jennifer Granholm, regarding the DOE's proposed rule change to energy conservation standards for distribution transformers and how it will impact small businesses. May 16, 2023 Read the full letter here.  

Letter to Administrator Guzman from Four Corners Requesting a Pause on 7(a) Rule Changes

| Posted in Letters

LETTER – The House Committee on Small Business and Senate Committee on Small Business and Entrepreneurship wrote to Administrator Isabella Guzman of the Small Business Administration (SBA) to request the SBA pause the proposed rule changes to lending programs until a full-time Associate Administrator overseeing the Agency's lending programs is installed May 16, 2023 Read the full…

SMALL BUSINESS SNAPSHOT

| Posted in Snapshots

As we reach the halfway point of May, small businesses are continuing to struggle to keep pace with persistent labor shortages and stubbornly high inflation. The Consumer Price Index (CPI) data released last week showed inflation barely budged at 4.9 percent, slightly down from 5 percent from the month prior. Core CPI, which excludes the more volatile measurements of food and energy,…

Letter to FTC re RFA Eyeglass Rule

| Posted in Letters

LETTER – The House Committee on Small Business wrote to the Chair of the Federal Trade Commission (FTC), Lina Khan, regarding the FTC’s recent rule change to the Ophthalmic Practice Rule and how it will impact small businesses. May 15, 2023 Read the full letter here.

Subcommittee on Contracting and Infrastructure Holds Hearing to Highlight the Decline in Small Business Federal Contracting

| Posted in Press Releases

WASHINGTON, D.C. – Today, Small Business Subcommittee on Contracting and Infrastructure Chairman Nick LaLota (R-NY) held a hearing titled “Leveling the Playing Field: State of Small Business Contracting”. Subcommittee Chairman LaLota issued the following statement after concluding today’s hearing. “I appreciated hearing from today’s witnesses about improvements we can make to…

Chairman Williams: “Taking on More Risk: Examining the SBA’s Changes to the 7(a) Lending Program Part I”

| Posted in Press Releases

WASHINGTON, D.C. – Today, the House Committee on Small Business is holding a full committee hearing titled “Taking on More Risk: Examining the SBA’s Changes to the 7(a) Lending Program Part I.” Chairman Roger Williams’ opening statement as prepared for delivery: Good morning and welcome to today’s hearing which will focus on the much-needed oversight of the Small Business…

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

| Posted in Press Releases

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…