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,… Read more »

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. Read more »

WASHINGTON, D.C.– Today, the House Committee on Small Business Subcommittee on Contracting and Infrastructure is holding a hearing titled “Leveling the Playing Field: State of Small Business Contracting”. Subcommittee Chairman Nick LaLota’s opening statement as prepared for delivery: Good afternoon and welcome to… Read more »

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… Read more »

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… Read more »

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… Read more »

WASHINGTON, D.C. – Today, Chairman Roger Williams (R-TX) along with the Republican Members of the House Committee on Small Business issued the following joint statement to commemorate National Small Business Week. “Small businesses are the backbone of our nation’s economy and the heart and soul of countless communities across the country. They are on the front lines of innovation and job… Read more »

LETTER – The House Committee on Small Business wrote to President Biden to once again urge him to nominate a Chief Counsel for Advocacy at the Small Business Administration’s (SBA) Office of Advocacy, a position which has been vacant since 2017. April 28, 2023 Read the full letter here. Read more »

WASHINGTON, D.C. – Today, Chairman Roger Williams (R-TX) issued the following statement on today’s GDP data showing the economy slowed to a 1.1% annual rate. “Despite what President Biden may say, his presidency has been an abject disaster for Main Street and for the pocketbooks of all working-class Americans,” said Chairman Williams. “Whether it be two years of unprecedented levels of… Read more »

WASHINGTON, D.C. – Today, the House Committee on Small Business Subcommittee on Innovation, Entrepreneurship, and Workforce Development is holding a hearing titled “Help Wanted: Exploring How Alternative Paths to Student Debt Can Help to Strengthen Small Business.” Subcommittee Chairman Marc Molinaro’s opening statement as prepared for delivery: Good morning and welcome to today’s… Read more »