Tag #Sba

Showing 1 to 12 of 12 results

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House Passes Bills Targeting Sanctuary Cities, Restricting SBA Access

The House passed two bills targeting sanctuary cities: one relocating SBA offices from sanctuary jurisdictions (passing 211-199 with bipartisan support), and another prohibiting illegal immigrants from receiving SBA loans (also with bipartisan support).

Progress

64% Bias Score

Peace, Justice, and Strong Institutions
forbes.com
🌐 85% Global Worthiness
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SBA Announces New Initiatives to Boost US Manufacturing and Cut Regulations

The SBA announced new initiatives to cut $100 billion in regulations, expand access to capital for small businesses, and boost domestic manufacturing, aiming to create jobs and restore American economic health, while reducing its workforce by 43% to improve efficiency and reduce waste.

Progress

60% Bias Score

Decent Work and Economic Growth
foxnews.com
🌐 90% Global Worthiness
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DOGE Uncovers $645 Million in Fraudulent SBA Loans, Terminates $205 Million in Contracts

The Department of Government Efficiency (DOGE) announced the termination of 162 federal contracts totaling $205 million, saving $90 million, alongside the discovery of over $645 million in fraudulent SBA loans issued to minors and deceased individuals in 2020-2021.

Progress

44% Bias Score

Reduced Inequality
foxnews.com
🌐 85% Global Worthiness
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Senate Confirms Loeffler as SBA Head Amid Funding Controversy

The Senate confirmed Kelly Loeffler as the new head of the Small Business Administration (SBA) by a 52-46 vote. Loeffler, a former Georgia senator and businesswoman, plans to reduce regulations, expand access to loans, and audit the SBA to curb waste. Concerns exist regarding the impact of the Depar...

Progress

44% Bias Score

Decent Work and Economic Growth
foxnews.com
🌐 75% Global Worthiness
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Loeffler to Donate SBA Salary to Charity

President Trump's nominee for SBA administrator, former Senator Kelly Loeffler, plans to donate her $207,500 annual salary to charity if confirmed; this follows her past donations of her Senate salary to various Georgia charities.

Progress

48% Bias Score

Reduced Inequality
foxnews.com
🌐 75% Global Worthiness
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Loeffler to Meet with Senators on SBA Nomination

Former Georgia Senator Kelly Loeffler, President-elect Trump's nominee to lead the Small Business Administration, will meet with Republican senators on Tuesday to discuss her nomination; she's a successful entrepreneur who founded a Fortune 500 company and another startup, Bakkt.

Progress

56% Bias Score

Decent Work and Economic Growth
forbes.com
🌐 85% Global Worthiness
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Trump Transfers $1.6 Trillion Student Loan Program to SBA

President Trump's executive order shifts the $1.6 trillion federal student loan program from the Education Department to the Small Business Administration (SBA), impacting 43 million borrowers; however, individual loan terms remain legally protected.

Progress

40% Bias Score

Reduced Inequality
forbes.com
🌐 90% Global Worthiness
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Trump Transfers Student Loan System to SBA Amidst Department of Education Closure

President Trump unexpectedly ordered the transfer of the federal student loan system from the Department of Education to the Small Business Administration, despite prior assurances and legal concerns, potentially causing significant disruptions for millions of borrowers already facing difficulties w...

Progress

60% Bias Score

Quality Education
foxnews.com
🌐 85% Global Worthiness
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SBA Announces Reforms to Block Illegal Immigrant Access to Taxpayer Benefits

The Small Business Administration (SBA) announced Thursday it will implement new policies to prevent illegal immigrants from receiving taxpayer benefits and will relocate six regional offices from sanctuary cities, including Atlanta, Boston, Chicago, Denver, New York City, and Seattle, to locations ...

Progress

64% Bias Score

Reduced Inequality
foxnews.com
🌐 75% Global Worthiness
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Senate Advances Loeffler's SBA Nomination Amid Funding Freeze Controversy

The Senate committee advanced Kelly Loeffler's nomination for SBA administrator by a 12–7 vote; Loeffler, a former senator with a net worth of roughly $1 billion, pledged to donate her $207,500 annual salary to charity if confirmed, amid controversy over a now-withdrawn White House memo to freeze fe...

Progress

60% Bias Score

Decent Work and Economic Growth
foxnews.com
🌐 85% Global Worthiness
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Ernst's Bill Aims to Recover \$200 Billion in Fraudulent COVID-19 Relief Loans

Senator Joni Ernst introduced the Complete COVID Collections Act to recover over \$200 billion in potentially fraudulent COVID-19 relief loans, extending the Inspector General for Pandemic Recovery's authority and strengthening enforcement to include the Justice Department.

Progress

56% Bias Score

Reduced Inequality
cnbc.com
🌐 75% Global Worthiness
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Trump Nominates Kelly Loeffler to Lead Small Business Administration

President-elect Donald Trump nominated former Senator Kelly Loeffler to lead the Small Business Administration (SBA), citing her business experience and alignment with his political views; the nomination is subject to Senate confirmation.

Progress

40% Bias Score

Decent Work and Economic Growth

Showing 1 to 12 of 12 results