American Small Businesses Abandoned as Administration Halts COVID-19 Relief Negotiations

For Immediate Release: 
Tuesday, October 6, 2020

Washington, DC – Today, Small Business Majority Founder and CEO John Arensmeyer issued the following statement after President Trump announced that the White House is halting COVID-19 relief negotiations until after the election.

“Over the past seven months, small businesses across the country have shuttered one by one in the wake of this pandemic. Others have made difficult choices in order to keep their doors open, but most small businesses remain in need of federal assistance” said John Arensmeyer, Founder and CEO of Small Business Majority. “That is why it is unacceptable to walk away from the negotiating table during this critical time, particularly when one in four small businesses believe they will not survive past the next three months without additional relief. Small businesses, especially those owned by people of color, immigrants and women, are essential to the health and success of their local economies. Shelving the needs of America’s entrepreneurs is irresponsible and stands to have significant ripple effects throughout our economy in the weeks and months to come.” 

About Small Business Majority

Small Business Majority is a national small business organization that empowers America's diverse entrepreneurs to build a thriving and inclusive economy. We engage our network of more than 70,000 small businesses and 1,000 business and community organizations to advocate for public policy solutions and deliver resources to entrepreneurs that promote equitable small business growth. Our deep connections with the small business community along with our scientific research enable us to educate the public about key issues impacting America’s entrepreneurs, with a special focus on advancing the smallest businesses and those facing systemic inequalities. Learn more about us on our website and follow us on TwitterFacebook and Instagram.

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