On April 1, Small Business Majority Founder & CEO John Arensmeyer testified before the U.S. House Committee on Small Business during a hearing titled “The Golden Age: Unleashing Main Street Through Deregulation.” In his testimony, John emphasized that small businesses nationwide are more concerned about burdensome tariffs, federal funding freezes, cuts to essential federal agencies supporting small businesses, and mass deportations than the effects of federal regulations.
Policy Statements
On March 20, Small Business Majority and 19 state and national business organizations sent a letter to President Trump and Office of Management and Budget (OMB) Director Russell Vought in strong opposition to the March 14 executive order, Continuing the Reduction of the Federal Bureaucracy, which attempts to dismantle several agencies including the Community Development Financial Institution (Fund) and the Minority Business Development Agency (MBDA).
On April 14, Small Business Majority submitted a statement for the record in response to a recent joint House and Senate Small Business Committee hearing titled “Prosperity on Main Street: Keeping Taxes Low for Small Businesses.” Our statement urges Congress to reform the 199A pass-through deduction to deliver more meaningful tax relief for small businesses, particularly as they face increasing economic uncertainty from the administration’s unpredictable rollout of global tariffs.
On April 14, Small Business Majority, joined by nearly 20 business organizations nationwide, sent a letter to the administration expressing concerns about the SBA’s recent decision to cut its workforce by 43%, which represents roughly 2,700 employees nationwide.
On April 14, Small Business Majority Colorado Director Hunter testified in support of HB25-1282, legislation that would prohibit payment credit card networks from charging certain predatory swipe fees and engaging in certain predatory swipe fee practices.
Today, Senior Public Policy Director Awesta Sarkash, submitted a letter of support for HB 2556, which would support entrepreneurs across the state by addressing unfair and abusive facility fees. Business owners are busy enough, which is why billing should be clear and transparent to save business owners time. This will allow business owners to get back to focusing on their business rather than spending hours figuring out their medical bills.
On April 10, Small Business Majority Colorado Director Hunter Nelson testified in support of SB 25-198, legislation that would expand the Attorney General’s authority to review healthcare mergers and acquisitions and prohibit them unless certain criteria are met.
On April 7, Small Business Majority Colorado Director Hunter Nelson submitted written testimony in support of HJR25-1023, legislation that would direct the Committee on Legal Services to engage legal counsel to file a lawsuit on behalf of the Colorado General Assembly in state district court. This year, Colorado faces a $1.2 billion budget shortfall largely due to TABOR’s revenue and expenditure provisions which threatens programs that support Colorado small businesses.
On April 3, Small Business Majority sent a letter to Senate leadership in opposition to the budget framework released this week which keeps trillions of dollars in spending cuts on the table and provides for more than $5 trillion in tax cuts that will largely benefit wealthy individuals and large corporations at the expense of small businesses.
On April 2, 2025, California Director Bianca Blomquist testified to underscore the importance SB 362, a bill introduced by Chair Grayson that would strengthen California’s truth in lending laws by creating a more coherent disclosure framework resulting in small businesses receiving better information as they shop for loans.