Press Releases

Yesterday, President Donald J. Trump signed Chairman Steve Chabot's (R-OH) landmark bill, H.R. 4743, the Small Business 7(a) Lending Oversight Reform Act, to increase the Small Business Administration’s (SBA) oversight authority over the 7(a) Loan Program. The bipartisan and bicameral legislation was introduced by House Committee on Small Business Chairman Steve Chabot, and Senate Small Business and Entrepreneurship Committee Chairman Jim Risch (R-ID), and Ranking Member Nydia Velázquez (D-NY) and Senator Jeanne Shaheen (D-NH).

Pictured here, from left to right, is Chairman Jim Risch, SBA Administrator Linda McMahon, President Donald J. Trump, and Chairman Steve Chabot.