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… Read more »

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.   Read more »

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… Read more »

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… Read more »

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… Read more »

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.   Read more »

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… Read more »

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… Read more »

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… Read more »

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… Read more »