Policy Statements

Browse the full list of our regulatory comments and legislative testimony below, or filter by state or national to view our federal and state-based policy work.

Thursday, February 25, 2021 | National
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With yesterday's committee confirmation of Isabel Guzman, Small Business Majority submitted a letter to leadership urging the Senate to swiftly confirm President Biden's nominee for Administrator of the U.S. Small Business Administration. 

Thursday, February 25, 2021 | National
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Small Business Majority Board Member Jessica Milano testified in front of the U.S. the Senate Committee on Banking, Housing, and Urban Affairs about the impacts the COVID-19 pandemic has had on Main Street. Specifically, she spoke on how many of the communities hardest hit by the pandemic have been communities of color, how despite significant Federal support, minority-owned businesses continue to experience challenges accessing capital, and how Congress should reauthorize the State Small Business Credit Initiative to address these market gaps.

Friday, February 12, 2021 | National
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On February 12, Small Business Majority penned a letter to Senate leaders to offer our strong support for key provisions in the stimulus package that are essential to our nation’s small businesses at this critical time. 

Wednesday, February 3, 2021 | National

Small Business Majority submitted a comment today on the State Small Business Credit Initiative (SSBCI) ahead of a House Committee on Financial Services subcommittee hearing about the program. SSBCI was a critical resource to strengthen state programs that support financing for small businesses across the country. 

Friday, January 22, 2021 | National
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On January 21, CEO John Arensmeyer submitted a letter of support for the nomination of Isabel Guzman to head the Small Business Administration (SBA) to leaders of the Senate Committee on Small Business & Entrepreneurship. 

Monday, December 14, 2020 | National

Today, Small Business Majority submitted a letter regarding the Consumer Financial Protection Bureau's proposals under consideration for the implementation of Dodd Frank Section 1071. Successful implementation of Section 2071 would ameliorate the systemic barriers that women business owners and entrepreneurs of color face when attempting to access capital to start, grow and sustain their enterprises. 

Wednesday, September 23, 2020 | National
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Today, Small Business Majority sent a letter to Congressional leaders urging them to pass a comprehensive and robust COVID-19 relief package. This week kicks off National Small Business Week when just last week, new data revealed small businesses across the country are closing permanently. The consequences of not passing a relief package that includes more funding for small businesses would be catastrophic. 

Tuesday, September 15, 2020 | National

Today, Johnathon Bush, small business owner of Not Just Cookies in Chicago, Illinois, submitted his testimony for the U.S. House Committee on Small Business's hearing on Transparency in Small Business Lending. Johnathon details the harmful impacts that a lack of transparency in small business lending has done to his business, which he built from the ground up.

Monday, September 14, 2020 | National

Today, Small Business Majority submitted a comment for the Department of Labor's Request for Information outlining how paid leave policies support small businesses and their bottom lines. Commonsense paid leave policies support our evolving entrepreneurial community while ensuring small businesses can compete on a level playing field. 

Friday, July 31, 2020 | National

Today, Small Business Majority shared a letter with Senators Rubio, Cardin, Shaheen and Collins on recommendations for changes for S, 4321, the Continuing Small Business Recovery and Paycheck Protection Program Act. S, 4321 is a starting point in addressing the lack of flexibility that small business owners who participated in PPP are facing. However, the legislation requires critical changes to provide enough comprehensive changes that entrepreneurs need to sustain their businesses. 

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