Treasury Secretary Janet Yellen is under fire for missing an April deadline to testify before the House and Senate Small Business Committees, even though she is required to do so under the coronavirus relief bill law passed by Congress in December.
The $900 billion stimulus bill, which former President Donald Trump signed into law on Dec. 27, 2020, stipulates that the… Read more »
WASHINGTON, D.C. - Yesterday, the House Small Business Subcommittee on Oversight, Investigations, and Regulations held a hybrid hearing titled “Perspectives from Main Street: Raising the Wage” where Republican Members explained the negative impact a federal minimum wage mandate would have on our nation's small businesses. In addition to testimonials from… Read more »
WASHINGTON, D.C. – Last week, House Committee on Small Business Republican Members signed a letter sent to the Small Business Administration (SBA) requesting information on past and potential future Paycheck Protection Program (PPP) access for Planned Parenthood Federation of America (PPFA) and other ineligible abortion-providing organizations.
Ranking Member Blaine Luetkemeyer… Read more »
WASHINGTON – Released yesterday, the MetLife & U.S. Chamber of Commerce Small Business Index fourth quarter report showed an all-time high in overall optimism among American small business owners.
According to the Q4 report:
Overall optimism reached 71.3, up 0.6 points, the highest score since the survey’s inception in 2017
59 percent of small business owners say… Read more »
WASHINGTON – During the recent district work period, Republican Members of the House Committee on Small Business met with numerous local small business owners, who told them about the need for workforce development, the success of the Tax Cuts and Jobs Act, and how they are reinvesting in their company and employees. Here are some highlights:
Rep. Amata Radewagen (R-AS) visited one of… Read more »
WASHINGTON – Earlier this week, the MetLife & U.S. Chamber of Commerce Small Business Index recorded the highest optimism score since the creation of the index.
According to the Q3 index:
Overall optimism increased to 70.7, rising two points from Q2.
38 percent of minority-owned small businesses plan on hiring in the future.
One in three veteran-owned small… Read more »
WASHINGTON - Last week, the MetLife & U.S. Chamber of Commerce Small Business Index Q2 report showed strong optimism among small business owners across the nation.
According to the Q2 report:
59% of small businesses viewed the U.S. economy as "in good health," up six points from last quarter.
27% of small business owners plan to increase… Read more »
Washington – Today, the National Federation of Independent Business (NFIB) released its May 2019 Small Business Optimism Index, which reports continued business optimism, and recorded increased expectations for sales, business conditions, and expansion.
According to the May 2019 NFIB survey:
64 percent of owners reported capital outlays, the highest since February… Read more »
Washington – House Small Business Committee Ranking Member Steve Chabot (R-OH) released the following statement on the House passing four bipartisan Committee bills earlier this week:
“The legislation passed this week includes provisions to increase federal contracting opportunities, encourage innovation, and expand access to capital for small businesses. These initiatives will… Read more »
WASHINGTON – Last week, House Committee on Small Business Chairman Steve Chabot (R-OH) penned an op-ed in Fox News on the value of Small Business Saturday to communities and entrepreneurs. Read the full op-ed below.
Serving as Chairman of the House Committee on Small Business over the past four years, I’ve had the honor of advocating and fighting for Main Street.
This year on Small… Read more »
