In a statement, Small Business Majority Founder and CEO John Arensmeyer touched on the impact of shattering the CDFI Fund and MBDA. Among his comments, he noted that between 2021 and 2024, there were 21 million new business applications. But he added that these fledgling small businesses cannot succeed or survive without support.
Small Business News
03/18/2025 |
The Business Journals
John Arensmeyer, founder and CEO of the Small Business Majority, said the executive order targeting the CDFI Fund and the MBDA is only the latest example of the Trump administration’s “outright hostility toward critical institutions that support small businesses.” He said the CDFI Fund and MBDA were designed with bipartisan support…“President Trump may well succeed in undermining our smallest and most under-resourced businesses, but in doing so, our economy and our communities will be devastated," Arensmeyer said.
03/17/2025 |
The Telegraph
“Most undocumented immigrants are performing functions that are obviously necessary for our economy,” says John Arensmeyer, the chief executive of the Small Business Majority, a lobby group. “You can say this is wrong, but if the solution is mass deportations, it is going to have a terrible effect on the economy.”
03/13/2025 |
Legal Newsline
The FAIR Business Practices Act also addresses predatory lending practices affecting small businesses. Eda Henries of Henries & Co. supported the bill due to her clients' experiences with predatory lenders offering high-interest loans with onerous terms.
03/13/2025 |
CBS News
Nikki Bravo is the owner of Momentum Coffee, which has six locations in Chicago…"We, as coffee shop in Chicago, are like many other small businesses — working on very slim margins, OK?" Bravo said. "And so any blip, any shutdown that has lenders tightening up, consumers not spending dollars, impacts our ability to continue to do our business."
03/13/2025 |
Chicago Sun-Times
As a small-business owner who has hired justice-impacted individuals — including at the management level — the most important factor I consider is whether or not I think a prospective hire can do the job. Their criminal history is not a major consideration, and it shouldn’t stop nonviolent, justice-impacted individuals from having the opportunity to work for me — or to be my competition. We can make this a reality by bringing Illinois’ clean slate laws into the 21st century.
03/12/2025 |
The Podcast by Kevin MD
Family physician Tony Gerk discusses the article, “Even medical practices aren’t immune from the high cost of employer-provided health insurance.” In this episode, Tony explains the challenges small medical practices face due to skyrocketing employer-provided health insurance costs. He details the constraints imposed by reimbursement rates, the impact of facility fees on patient care, and the difficult choices small business owners must make between profits, patient access, and employee benefits.
03/10/2025 |
Los Angeles Times
“When an employee of a small business isn’t able to access health insurance with their employer, they’re more likely to leave that employer,” said Bianca Blomquist, California director for Small Business Majority, an advocacy group representing more than 85,000 small businesses across America…Vartan said his pizza shop employs about 25 people and operates as a worker cooperative — a business owned by its workers. The small business lacks negotiating power to demand discounts from insurance companies to cover its workers.
03/07/2025 |
Richmond Times Dispatch
Gov. Glenn Youngkin vetoed similar legislation last year, leaving Virginia’s small business owners and employees struggling to afford the rising cost of their medications. He can now make the right decision and sign the bill that passed this year, which would deliver real savings to our state’s job creators and workforce.
03/07/2025 |
FOX 5 Atlanta
"Closing the Atlanta office of the SBA would likely make it more difficult for Atlanta’s robust entrepreneurial community to access valuable resources," a spokesperson for the Small Business Majority said.
