SCROLL NEWS / DISCOVERY
Search headlines
Find the stories shaping the conversation.
Results for " loeffler " 41 found 🔀 AI-powered Shuffle
SBA, DOW Sign Agreement on Small Business Defense Capital
SBA and DOW have signed an agreement to expand defense industrial base small businesses' access to loans and equity investments.
Small Business Administration head visits Howell defense contractor
The administrator for the U.S. Small Business Administration, Kelly Loeffler, was in Livingston County Tuesday to check out a government contractor. As Russ McNamara reports, the stop was well-received.
Ranking Member Markey: SBA Administrator Loeffler, Trump Administration are Refusing to Answer to America’s 36+ Million Small Businesses and Workers, Leaving Main Street Behind
Loeffler canceled her scheduled Sept. 30 appearance before the Senate Small Business Committee, has not appeared before SBC in more than a year (Washington, September 28) – Ranking Member Edward J. Markey (D-Mass.) today released the following statement after Small Business Administration (SBA) Administrator Kelly Loeffler canceled her scheduled Wednesday appearance before the Small Business and Entrepreneurship Committee. Administrator Loeffler has not appeared before the committee in more than a year and has consistently refused to provide substantial answers to committee members in person, in writing, or via requested briefings. In June, Ranking Member Markey led every Democratic member of the committee in calling on Administrator Loeffler to appear before the committee to answer for the Trump administration’s cruel attacks on American small businesses, entrepreneurs, and workers. The Democratic lawmakers still have not received a response from Administrator Loeffler. “It is unacceptable that Administrator Loeffler chose to cancel her appearance before the Senate Small Business and Entrepreneurship Committee. The Trump administration is once again ignoring the more than 36 million American small businesses, entrepreneurs, and workers who drive our economy and enrich our communities by refusing to answer questions about this administration’s reckless economic policies. It has been more than a year since Administrator Loeffler has appeared before our committee and answered questions from both Democrats and Republicans. Since then, the Trump administration’s attacks on Main Street have only worsened. “Small businesses are facing record high gas and diesel prices, skyrocketing healthcare costs, and never-ending uncertainty from Trump’s trade war with the world. Trump has terrorized Main Streets across the country with violent ICE raids, destroying families, communities, and local economies. Meanwhile, Administrator Loeffler and the Trump SBA have been in a Witness Protection Program, ignoring the Pain on Main Street that they have created. They have chosen to make drastic cuts to SBA funding and essential, bipartisan programs, including the closure of the SBA office in Springfield and removal of the SBA office from Boston; directly attacked immigrant small business owners and destroyed the promise of the American Dream; and proposed shortsighted small business size rules that would benefit billion-dollar businesses over actual small businesses. “It’s clear that Administrator Loeffler, President Trump, and their CEO billionaire buddies want to turn the Small Business Administration into the Big Business Administration, tear down our economy, and abandon Main Street. If that is indeed this administration’s goal, Administrator Loeffler must answer to the millions of small businesses, workers, and families in Massachusetts and across the country that this administration is leaving behind.” ###
Small business lending is alive and well, SBA administrator says
Small Business Administration administrator Kelly Loeffler discusses concerns over artificial intelligence on 'The Bottom Line.'
Trump SBA to Extend Comment Period After Ranking Member Markey Leads Effort to Rescind SBA Policy that Reclassifies Billion-Dollar Businesses as “Small Businesses”
Trump admin policy would reclassify 114,000 larger businesses as “small” to access small business resources and win federal contracts meant for small businesses Letter (PDF) (Washington, September 23) – This week, the Small Business Administration (SBA) announced its plans to extend the deadline to submit comments on its controversial proposed rule regarding small business size standards until November 20. The Trump SBA’s announcement came shortly after Ranking Member Edward J. Markey (D-Mass.), alongside 12 of his Senate colleagues, sent a letter to Administrator Kelly Loeffler demanding that the Trump SBA rescind a harmful policy that would dramatically redefine what a small business is. The Administration’s proposed policy would change the small business size standard to designate 114,000 larger companies some with annual revenue above $1 billion—as small businesses, giving these businesses access to small business resources and federal contracts typically set aside for actual small businesses. In the letter, Ranking Member Markey and the lawmakers emphasized that small businesses will be shut out of the federal contracting space as government agencies award contracts to larger businesses, causing small businesses to lose revenue, lay off workers, or close their businesses entirely. “For more than 70 years, SBA’s mission has been clear: promote and protect the interests and viability of small businesses. By proceeding with this proposed methodology and rule, SBA moves further away from its mission of facilitating healthy small business participation in the U.S. economy. We urge SBA to rescind these proposals, meet in earnest with small businesses across the country, and discuss the proposal and methodology with congressional committees of jurisdiction. SBA must be committed to developing measured increases to the size standards that do not reward large, billion-dollar companies but instead helps our small businesses survive, grow, and thrive.” The lawmakers highlighted the following points in their letter: Under the Trump SBA’s new size standards, the highest receipts-based standard would exceed $1 billion in annual revenue—more than 20 times the current $47 million maximum—and the highest employee-based standard would reach 3,600 employees—more than twice the current 1,500 employee maximum. Specific increases include an increase in size of nearly 492% for banks, 1,500% for law firms, and more than 2,051% for private equity firms. Of the 114,000 businesses that would be newly classified as small, more than 37,000 of these businesses have collectively won more than 100,000 federal contracts worth approximately $71 billion in Fiscal Year 2025 alone without a small business designation. If SBA included the awards won by these 37,000 businesses in its Fiscal Year 2025 analysis, small business contracts would have accounted for 38% of all federal contracts, instead of the 27% that SBA announced this summer. The letter was co-signed by Senators Mazie Hirono (D-Hawaii), Angela Alsobrooks (D-Md.), Richard Blumenthal (D-Conn.), Christopher Coons (D-Dela.), Elissa Slotkin (D-Mich.), Chris Van Hollen (D-Md.), Jacky Rosen (D-Nev.), Elizabeth Warren (D-Mass.), Tim Kaine (D-Va.), Brian Schatz (D-Hawaii), Mark Warner (D-Va.), and Ruben Gallego (D-Ariz.). Ranking Member Markey is fighting to protect small businesses in Massachusetts and across the country from the Trump SBA’s harmful policies that put big businesses and billionaires over American small businesses, workers, and families. In August, Ranking Member Markey slammed the Trump SBA’s proposal to overhaul its small business size standards to benefit big businesses over small businesses. In July, Ranking Member Markey and House Small Business Committee Ranking Member Nydia M. Velázquez (D-NY-7) introduced a Congressional Review Act (CRA) resolution to rescind the Trump administration’s policy that bans green card holders from accessing essential Small Business Administration (SBA) loans to start and grow their businesses. Also in July, Ranking Member Markey and Senator Hirono submitted a comment letter to the Small Business Administration (SBA) opposing a proposed rule change by Trump’s SBA to the 8(a) Business Development Program that would harm underserved small business owners and entrepreneurs. In June, Ranking Member Markey released a new report highlighting Trump’s drastic reduction in federal contracting dollars awarded to American small businesses. ###
Record-high diesel prices squeezing small business margins amid Middle East tensions
U.S. Small Business Administrator Kelly Loeffler discusses new SBA capital initiatives and Gen-Z business trends as diesel prices hit record highs.
Kelly Loeffler warns of 'silver tsunami' as boomer business owners retire
U.S. Small Business Administrator Kelly Loeffler discusses the economic impact of the 'silver tsunami' on small businesses. She details how the agency supports millennials transitioning into skilled blue-collar trades.
Kelly Loeffler on small business optimism rising, credit card swipe fees
U.S. Small Business Administration Administrator Kelly Loeffler joins Cheryl Casone to discuss the July NFIB small business optimism index rise, credit card swipe fees and the SBA Million Dollar Pitch Competition.
Defense Dept., SBA aim to revamp US defense industrial pipeline
SBA Administrator Kelly Loeffler discusses how small businesses are working with the US government to replenish defense supplies amid the Iran conflict on 'The Claman Countdown.'
Young, Loeffler pitch expanded small business lending during Indiana visit
Todd Young and SBA chief Kelly Loeffler pitched higher federal loan limits and other policies to help Indiana farmers and small businesses.
Sen. Todd Young tours Indianapolis business Thomas and Skinner
Sen. Young was joined by SBA administrator Kelly Loeffler during a tour of the Indianapolis manufacturing facility.
Ranking Member Markey, Senator Hirono Reject Trump’s SBA Policy Proposal that Harms Underserved Small Business Owners and Entrepreneurs
Letter (PDF) (Washington, July 17) – Ranking Member Edward J. Markey (D-Mass.) and Senator Mazie Hirono (D-Hawaii) submitted a comment letter to the Small Business Administration (SBA) opposing a proposed rule change by Trump’s SBA to the 8(a) Business Development Program that would harm underserved small business owners and entrepreneurs. The 8(a) Business Development Program was created by Congress more than 50 years ago to level the playing field for small business owners and entrepreneurs who have faced discrimination in starting and operating their businesses. The SBA’s proposed change ignores the existence of historic discrimination that minority and underserved small businesses have faced and continue to face. In the letter, the lawmakers wrote, “SBA’s proposed rule ignores present-day barriers that entrepreneurs from minority and underserved communities face. Discrimination is not dead; minority entrepreneurs continue to face reduced access to contracting opportunities and capital, as well as racial threats and targeting, including unequal treatment, refusal by others to work with minority-owned firms, being called racial slurs, and bias in the workplace. These barriers lead to wide underutilization of, and less revenue for, minority-owned businesses compared to majority-owned businesses, as supported by decades of disparity studies. The proposed rule diminishes the history of systemic racial and ethnic discrimination in the United States by claiming that remedies for discrimination create discrimination in and of themselves.” The lawmakers continued, “The program has always been open to anyone who can prove they have experienced prejudice or cultural bias in education, employment, entrepreneurship, and other facets of our society. Nonetheless SBA has moved forward with the proposed rule. It lacks a reasoned basis, purporting that the federal government has discriminated against White Americans, but offering no substantive qualitative or quantitative data or research in support. If the examples provided in the proposed rule are the only basis for what constitutes discrimination to the agency, they are woefully insufficient. The final rule must provide strong evidence that there is discrimination against White individuals and show how the rule is narrowly tailored to address it. The record remains devoid of evidence of discrimination against White individuals on the basis of race.” Ranking Member Markey is fighting to protect federal programs that address historic discrimination against small business owners from minority and underserved communities, and for a small business agenda that ensures economic opportunity for all. In June, Ranking Member Markey released a statement condemning the SBA’s proposed changes to the 8(a) Business Development Program. Also in June, Ranking Markey released a new report highlighting Trump’s drastic reduction in federal contracting dollars awarded to American small businesses, including minority-owned small businesses. In February, Ranking Member Markey, alongside Senators Hirono and Cory Booker (D-NJ), and Representative Ayanna Pressley (MA-7), introduced the Strengthening Place-based Access, Resources, and Knowledge (SPARK) Act to spur entrepreneurship and increase access to capital and resources for underserved entrepreneurs nationwide. Ranking Member Markey previously held a field hearing in Roxbury, Massachusetts, to discuss how government and the private sector can come together to make entrepreneurship more accessible for underserved communities. Earlier in February, Ranking Member Markey secured funding with the Appropriations Committee for Small Business Development Centers, Women’s Business Centers, SCORE Chapters, and Veterans Business Outreach Centers and provisions to rein in the Administration’s attempts to eliminate programs that support women, veterans, and underserved entrepreneurs. In January, Ranking Member Markey sent a letter to the Consumer Financial Protection Bureau to oppose rule changes that would gut protections against discriminatory lending practices that harm small businesses. In December 2025, Ranking Member Markey sent a letter to SBA Administrator Kelly Loeffler expressing significant concerns with the SBA’s overly burdensome request and unclear guidance for extensive financial documentation over the holidays, as a part of their sweeping attempts to dismantle the 8(a) Business Development Program. In July and December 2025, Ranking Member Markey sent letters to the SBA Administrator demanding answers about the Trump administration’s efforts to limit economic opportunity for American entrepreneurs, including immigrants. In May 2025, Ranking Member Markey sent a letter to the SBA Administrator rejecting President Trump’s FY 2026 budget proposal and calling on SBA to immediately release funding for the entrepreneurial development programs, which include programs like the Women’s Business Centers and the Veteran’s Business Development Centers that support underserved small business owners. In April 2025, Ranking Member Markey introduced the New Start Act of 2025 to establish a five-year pilot program providing grants to support entrepreneurial development training for currently or formerly incarcerated individuals. In February 2025, Ranking Member Markey sent letters to the SBA Administrator and Government Accountability Office (GAO) condemning President Trump’s war on diversity, equity, inclusion, and accessibility (DEIA) policies and asking how the SBA intends to implement Trump’s anti-DEIA executive orders. ###
SpaceX IPO earns millions for US Small Business Administration head Kelly Loeffler
U.S. Small Business Administration head Kelly Loeffler multiplied the value of her investment in Elon Musk's SpaceX after she was nominated for the job, earning millions of dollars from the company's record initial public offering, a Reuters review of her financial disclosures showed.
O’Rorke, Loeffler discuss newly-created Bulldog Sports Enterprises
(KSEE/KGPE) – Fresno State Athletics is trying something new with its intellectual property and multimedia rights this year, but although the station may be changing, a familiar voice will still be calling their games on the radio. On Bulldog Insider Sunday night, Ryan O’Rorke, the Vice President and General Manager of the newly-created Bulldog Sports […]
Small Business Administration to help USDA sort 'lawfare' reports
John Rich says he’ll publicize cases of farmers being ‘shoved around’ The Small Business Administration agreed to help the USDA investigate complaints from farmers and ranchers who allege being victimized […]
SBA administrator says small businesses are the American Dream
SBA Administrator Kelly Loeffler joins ‘Fox & Friends’ to discusses how small businesses embody the American Dream. She also highlights the transformative power of enterprise while warning against radical socialist agendas.
SBA administrator says small businesses are the American Dream
SBA Administrator Kelly Loeffler joins ‘Fox & Friends’ to discusses how small businesses embody the American Dream. She also highlights the transformative power of enterprise while warning against radical socialist agendas.
U.S. Small Business Administration ‘actively working’ to create veterans resource center in Idaho
BOISE (Idaho Capital Sun) — At the request of U.S. Sen. Jim Risch, the federal Small Business Administration is looking at establishing a new, Idaho-based office dedicated to supporting veterans, military members and their spouses. Risch, an Idaho Republican, wrote to the head of the Small Business Administration, Kelly Loeffler, on June 9, asking to […]
Small Business Administration chief talks the state of small businesses in the U.S.
The Reindustrialize Summit convened leaders from manufacturing, technology, defense and finance in Detroit to discuss how to restore America’s industrial strength. Small Business Administration Administrator Kelly Loeffler sat down with CNBC’s Leslie Picker for a conversation on boosting America’s manufacturing base, small business sentiment, and AI’s impact to Main Street.
Risch Leads Request for Idaho-Based Veteran Business Outreach Center
WASHINGTON – U.S. Senator Jim Risch (R-Idaho) sent a letter to Small Business Administration (SBA) Administrator Kelly Loeffler requesting a Veteran Business Outreach Center (VBOC) be established in Idaho to provide entrepreneurial support to veterans, service members, and military spouses. “Idaho is home to more than 120,000 veterans and 12,000 veteran-owned businesses. [. . .] These […]
SBA moves to revise 8(a) rules while preserving tribal, ANC eligibility
Details By Brian Edwards Native Contracting June 13, 2026 The U.S. Small Business Administration has proposed changes to its 8(a) Business Development Program that would eliminate race-based presumptions of social disadvantage for individually owned businesses while leaving eligibility standards unchanged for tribally owned enterprises, Alaska Native corporations and other Native entity-owned participants. In both the title and summary of the proposed rule published in the Federal Register, SBA emphasized that the changes only apply to individually owned firms and “do not impact entity-owned firms,” including tribes, Alaska Native corporation, Native Hawaiian organizations and community development corporations. The proposed rule, announced June 11, would require all individual applicants seeking admission to the 8(a) program to submit evidence demonstrating social disadvantage. Membership in a racial or ethnic group alone would no longer establish eligibility, according to the SBA. For Indian Country, the agency said eligibility standards for businesses owned by federally recognized tribes, Alaska Native corporations, Native Hawaiian organizations and community development corporations would remain unchanged. The proposal comes after the Department of Defense reaffirmed that participation by tribes and Alaska Native corporations in the 8(a) program is based on their political status under federal law rather than diversity, equity and inclusion initiatives. In a May 28 letter to Alaska's Republican Sens. Lisa Murkowski and Dan Sullivan, Under Secretary of Defense for Acquisition and Sustainment Michael P. Duffey wrote that participation by federally recognized tribes and Alaska Native corporations in federal programs is “grounded in their political status as Native Americans, not DEI initiatives.” The SBA proposal follows a 2023 federal court ruling that found unconstitutional the program's rebuttable presumption that members of certain racial and ethnic groups were socially disadvantaged. SBA Administrator Kelly Loeffler said the proposed rule would establish a single standard for individually owned applicants by requiring evidence of social disadvantage. The 8(a) Business Development Program provides participating firms with business development assistance and access to federal set-aside and sole-source contracting opportunities. The program remains a major source of federal contracting revenue for tribal enterprises and Alaska Native corporations. Native-owned firms received $16.1 billion of the program's approximately $26 billion in federal contract awards during fiscal 2024, according to data previously reported by Tribal Business News. The proposal also arrives amid ongoing concerns from Native contractors about SBA administration of the program. In May, the Native American Contractors Association and 53 Native-owned businesses urged SBA to address delays in processing 8(a) applications, saying some reviews had stretched beyond regulatory deadlines and appeared to have stalled since August 2025. The proposed rule is open for public comment through July 13. The Federal Register notice does not reference tribal consultation or indicate whether SBA determined consultation was unnecessary because tribal eligibility standards are unchanged. The SBA has not announced when the proposed rule would take effect. The agency is expected to accept public comments before issuing a final rule.About The AuthorAuthor: Brian EdwardsBrian Edwards is associate publisher and associate editor of Tribal Business News and Native News Online. He is a longtime publisher, editor, business reporter and serial entrepreneur. Subscribe Today!Other Articles by this authorDefense Department reaffirms tribal, ANC eligibility in SBA 8(a) programTribal heritage projects eligible for up to $100K in federal funding through NPS programIHS launches tribal long-term care construction initiative with three projectsIḷisaġvik College acquires site for long-planned Utqiaġvik campus This article is available to paid digital subscribers. Click here to sign in or get access.
Top Trump agency purges over 20 suspected China-linked products from federal marketplace
The SBA is removing nearly two dozen foreign products from its catalogue over concerns China-based companies falsely marketed goods as made in America.
Exclusive: SBA's Kelly Loeffler predicts AI will fuel Main Street growth
Despite economic fears, Americans are filing to start new businesses at near-record rates.
The U.S. Department of Health and Human Services Secretary Robert F. Kennedy, Jr. and U.S. Department of Agriculture Secretary Brooke Rollins announced the new food pyramid
U.S. Health and Human Service (HHS) Secretary Robert F. Kennedy Jr. hosts U.S. Agriculture Secretary Brooke Rollins at the HHS Headquarters for the celebration of a major announcement. FDA Commissioner Marty Makary kicked off the event. Speakers included Kelly Loeffler, United States Administrator of the Small Business Administration, Jay Bhattacharya, Director of the National Institutes of Health of the United States, Ben Carson, National Advisor for Nutrition, Health, and Housing at the U.S. Department of Agriculture (USDA), Jim O’Neill, United States Deputy Secretary of Health and Human Services, Brian Christine, Assistant Secretary for Health and Head of the United States Public Health Service Commissioned Corps and Kyle Diamantas, Deputy Commissioner for Human Foods for the Food and Drug Administration (FDA) (USDA photo by Christophe Paul)
Small business confidence surges as Trump tax cuts deliver ‘blockbuster’ job growth
Small Business Administration Administrator Kelly Loeffler joins ‘Mornings with Maria’ to tout President Donald Trump’s small business agenda, highlight job growth from tax cuts and detail a crackdown on $22B in suspected fraud.
SBA administrator visits Jimmy's Famous Seafood on Tax Day
Kelly Loeffler toured Jimmy's Famous Seafood with co-owner Tony Minadakis during a Tax Day event on Wednesday.
Working family tax cuts 'absolutely vital' to small businesses across US, Kelly Loeffler says
Small Business Administration administrator Kelly Loeffler and Jimmy's Famous Seafood co-founder Tony Minadakis discuss the benefits of the new Trump tax law for small businesses on 'The Bottom Line.'
WATCH LIVE: Bessent, Loeffler join White House briefing on Tax Day
Trump small business admin Kelly Loeffler talks tariffs, taxes, gas prices
Small Business Administrator Kelly Loeffler was back in Georgia to tour a factory Thursday afternoon.
Congressman Scott Perry tours Camp Hill business with Small Business Administrator Kelly Loeffler
Small Business Administrator Kelly Loeffler is back in Pennsylvania to tout the Trump Administration’s economic agenda. On Friday, Loeffler joined Rep. Scott Perry (PA-10) in Lower Allen Township, Cu...
ICYMI: NAM’s Jay Timmons, SBA Administrator Kelly Loeffler Join Fox Business to Discuss Inaugural Supplier Matchmaking Expo
Watch NAM’s Jay Timmons and SBA Administrator Kelly Loeffler on Fox Business Washington, D.C. – Today, the National Association of Manufacturers and the U.S. Small Business Administration host the inaugural 2026 Supplier Matchmaking Expo at Charlotte Motor Speedway in North Carolina. There, large manufacturers will connect with smaller suppliers, strengthening their U.S. supply chains and […]
Trump admin uncovers 'staggering' $8.6 billion in suspected California small business fraud
California pandemic loan fraud totals $8.6 billion as Small Business Administration suspends over 111,000 borrowers. Kelly Loeffler criticized Biden administration.
Small Business Administration says billions of dollars in fraud was found in California
Small Business Administrationadministrator Kelly Loeffler said Friday that the agency suspended over 111,000 California borrowers due to suspected fraud.
Trump’s environmental, small business chiefs visit Palisades, echo federal order to speed up permitting
The EPA’s Lee Zeldin and SBA’s Kelly Loeffler visited the Palisades, where they echoed the need for faster permitting facilitated by the federal government, amid pushback defending loca…
SBA chief touts gains as small businesses feel supply chain strain
“We know that Wall Street’s going to be fine,” said Small Business Administration chief Kelly Loeffler.
U.S. Small Business Administration Releases 2025 Annual Report
Trump SBA Highlights Historic Year of Main Street Growth and Optimism driven by Tax Cuts, Deregulation, Fair Trade and Record LendingWASHINGTON, Jan. 20, 2026 (GLOBE NEWSWIRE) -- Today, the U.S. Small Business Administration (SBA) published its 2025 Annual Report, highlighting the historic Year One results of the agency under the leadership of President Donald J. Trump and SBA Administrator Kelly Loeffler. The report documents the SBA’s return to its statutory mission of strengthening small busi
Small Business Administration suspends loans to thousands of Minnesota borrowers
On Thursday, the agency suspended loans for 6,900 Minnesota borrowers amid "suspected fraudulent activity."
Small Business Admin. suspends thousands of Minnesota borrowers due to alleged fraud
Small Business Administration head Loeffler announced Thursday that the administration suspended thousands of borrowers from Minnesota due to alleged fraud.
Billionaire Trump Goon Ripped for Wild Claim About Small Businesses
Kelly Loeffler says small business owners have never been so excited to pay their taxes as under the second MAGA administration.
Small Business Administration unveils new initiative to roll back federal regulations
SBA unveils new initiative targeting Biden-era regulations that imposed $6 trillion in compliance costs on American families and small firms nationwide.
Small Business Administration continues probe into Minnesota fraud allegations
SBA Administrator Kelly Loeffler discusses her organization’s probe of Minnesota welfare fraud allegations on ‘Saturday in America.’