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Committee on Small Business Announces May Hearing Schedule

| Posted in Press Releases

WASHINGTON, D.C. – Today, the House Committee on Small Business announced its May hearing schedule. Full Committee Hearing: “Taking on More Risk: Examining the SBA’s Changes to the 7(a) Lending Program Part I” Date & Time: Wednesday, May 10th at 10:00 AM Location: Hearing Room, 2360 Rayburn Subcommittee on Contracting and Innovation Hearing: “Leveling the Playing…

Letter to Patrick Kelley on 7(a) Lending Program

| Posted in Letters

LETTER – The House Committee on Small Business wrote to Associate Administrator Patrick Kelley of the Office of Capital Access to request information regarding the Small Business Administration's new rules regarding their flagship 7(a) lending program. April 20, 2023 Read the full letter here.  

Van Duyne Pens Letter to SBA to Claw Back Fraudulent COVID Funds

| Posted in Press Releases

WASHINGTON, D.C. – Today, Small Business Subcommittee on Oversight, Investigations, and Regulations Chairman Beth Van Duyne (R-TX) issued the following statement after penning a letter to Small Business Administrator Isabella Guzman seeking information on the SBA’s actions on retrieving COVID-program fraudulent loans. “As the Small Business Administration (SBA) doled out an unprecedented…

Chairman Van Duyne: “Office of Inspector General Reports to Congress on Investigations of SBA Programs”

| Posted in Press Releases

WASHINGTON, D.C. – Today, the House Committee on Small Business Subcommittee on Oversight, Investigations, and Regulations is holding a subcommittee hearing titled “Office of Inspector General Reports to Congress on Investigations of SBA Programs.” Subcommittee Chairman Beth Van Duyne’s opening statement as prepared for delivery: Good morning and welcome to today’s hearing which will…

Subcommittee on Oversight, Investigations, and Regulations Hearing with SBA Inspector General Shines Light on SBA Mismanagement and Fraud

| Posted in Press Releases

WASHINGTON, D.C. – Today, Small Business Subcommittee on Oversight, Investigations, and Regulations Chairman Beth Van Duyne (R-TX) held a hearing titled “Office of Inspector General Reports to Congress on Investigations of SBA Programs.” Subcommittee Chairman Van Duyne issued the following statement after concluding today’s hearing. “Today’s hearing was an important step in our…

Letter to Administrator Guzman EIDL and PPP Fraud

| Posted in Letters

LETTER – The Subcommittee on Oversight, Investigations, and Regulations wrote to Administrator Isabella Guzman of the Small Business Administration (SBA) seeking information on the SBA’s actions on retrieving COVID-program fraudulent loans. April 19, 2023 Read the full letter here.  

Chairman Williams: “Paying Their Fair Share: How Tax Hikes Crush the Competitiveness of Small Businesses”

| Posted in Opening Statements

WASHINGTON, D.C. – Today, the House Committee on Small Business is holding a full committee hearing titled “Paying Their Fair Share: How Tax Hikes Crush the Competitiveness of Small Businesses.” Chairman Roger Williams’ opening statement as prepared for delivery: Good afternoon and welcome to today’s hearing where we will be examining the tax landscape for small businesses. First, I…

Committee on Small Business Hearing Highlights How Tax Hikes Crush Small Business Competitiveness

| Posted in Press Releases

WASHINGTON, D.C. – Today, Chairman Roger Williams (R-TX) led a full Committee on Small Business hearing titled “Paying Their Fair Share: How Tax Hikes Crush the Competitiveness of Small Businesses.” Chairman Williams issued the following statement after concluding today’s hearing. “As demonstrated in today’s hearing, our nation’s job creators need a tax code that works for them, not…

SMALL BUSINESS SNAPSHOT

| Posted in Snapshots

As we’ve moved into April, Main Street America continues to face strong economic headwinds on numerous fronts. The Consumer Price Index (CPI) data released last week showed inflation coming in at 5 percent and core CPI, which excludes food and energy, rose .4 percent from the prior month. Suffice it to say, when the target inflation rate is 2 percent, there is nothing to celebrate when…

Chairman Williams: SBA's Decision to Lift 7(a) Moratorium is Irresponsible and Misguided

| Posted in Press Releases

WASHINGTON, D.C. – Today, Chairman Roger Williams (R-TX) issued the following statement in response to the Small Business Administration’s (SBA) final rule changes to their flagship 7(a) lending program. “The SBA is moving forward with their proposal to make themselves the primary regulator of more 7(a) lenders while simultaneously reducing the underwriting standards for these government…