Press Releases

Press Release Date:
Monday, March 3, 2025

Statement from Small Business Majority Founder & CEO John Arensmeyer on the impact Trump administration tariffs will have on America’s entrepreneurs

 

“New tariffs on Canadian and Mexican imports will put small businesses and family farmers at a competitive disadvantage. We’ve heard from a number of small business owners who said that any cost increases can be devastating for businesses already operating on thin margins. And large tariffs like 25% would mean most small businesses have no choice but to pass their costs on to customers.

Topic(s):
Entrepreneurship
Press Release Date:
Wednesday, February 26, 2025

Washington, D.C. – The Association for Enterprise Opportunity (AEO) and Small Business Majority (SBM) are proud to announce a strategic Memorandum of Understanding (MOU), marking a significant step forward in advancing economic opportunities for small businesses nationwide.

Topic(s):
Access to Capital, Entrepreneurship, Minority entrepreneurship
Press Release Date:
Tuesday, February 25, 2025

Statement from Small Business Majority Founder & CEO John Arensmeyer on why the U.S. House of Representatives should not have advanced a budget proposal that slashes healthcare, funding programs

 

“The budget resolution adopted by Republicans in the U.S. House of Representatives brings Congress one step closer to gutting programs that many small businesses and their employees rely on for access to healthcare and sources of capital. 

Topic(s):
Access to Capital, Rural Entrepreneurship, Tax and Budget Reform
Press Release Date:
Monday, February 24, 2025

Statement from Small Business Majority Founder & CEO John Arensmeyer on why the U.S. House of Representatives should not adopt a budget proposal that slashes programs benefiting small firms

 

Paying for unnecessary and irresponsible tax cuts for the top 1% by gutting small business-focused programs, federal assistance and social safety nets will cause irreparable harm to Main Street businesses nationwide. Millions of small business owners rely on a wide array of federal programs across numerous agencies to support not only the growth and development of their business, but the health and economic wellbeing of themselves and their employees.

Topic(s):
Entrepreneurship, Tax and Budget Reform
Press Release Date:
Thursday, February 20, 2025

Statement from Small Business Majority Founder & CEO John Arensmeyer about small business support for the IRS and the impact that reduced staffing will have on entrepreneurs

 

“Reports that the Trump administration will fire 3,500 IRS agents working in the division that oversees small businesses and the self-employed shows once again that the administration and Elon Musk remain at odds with what small businesses want and need.

Topic(s):
Entrepreneurship, Tax and Budget Reform
Press Release Date:
Wednesday, February 19, 2025

Small Business Majority Founder & CEO John Arensmeyer issued the following statement on the confirmation of former Georgia Sen. Kelly Loeffler to lead the U.S. Small Business Administration:

“Kelly Loeffler’s opportunity to lead the U.S. Small Business Administration comes at a precarious moment. Although few corners of the federal government have been spared from the Trump administration’s horrific, draconian staffing cuts and crippling funding freezes, the Small Business Administration was hit especially hard as approximately 20% of its workforce has already been let go.

Topic(s):
Access to Capital, Entrepreneurship, Minority entrepreneurship
Press Release Date:
Friday, February 14, 2025

Statement from Small Business Majority Founder & CEO John Arensmeyer in response to the Trump administration’s firing of SBA staff and freezing of federal funds

 
 

The actions of the Trump administration and its Deleter-in-Chief, Elon Musk, to dismantle the U.S. Small Business Administration (SBA) are a crime against America’s entrepreneurs. The fact that SBA staff size has already been cut by 720 workers would mean that the agency has lost approximately 20% of its workforce.

Topic(s):
Access to Capital, Entrepreneurship, Government Accountability
Press Release Date:
Wednesday, February 5, 2025

Voice of Main Street, a new quarterly survey of Small Business Majority’s network, reveals small businesses worry that Trump administration policies will harm their businesses and the U.S. economy as a whole

 

Washington, D.C.— Small business owners are worried about the impacts of core Trump administration policies, including announced tariffs on many imports and the mass deportation of immigrants, according to a recent survey.

Topic(s):
Entrepreneurship, Immigration, Tax and Budget Reform
Press Release Date:
Monday, February 3, 2025

Statement from Small Business Majority Founder & CEO John Arensmeyer about the importance of the Consumer Financial Protection Bureau to small firms

 

“We are deeply concerned by reports that U.S. Treasury Secretary Scott Bessent, in his capacity as acting director of the Consumer Financial Protection Bureau (CFPB), has directed CFPB staff to stop all work immediately.

Topic(s):
Access to Capital, Government Accountability
Press Release Date:
Tuesday, January 28, 2025

Statement from Small Business Majority Founder & CEO John Arensmeyer on the impact that indefinitely delayed federal grants and loans will have on small businesses struggling to recover from natural disasters

 

“The Trump administration’s decision to broadly freeze federal grants and loans until further notice will have a devastating impact on small businesses nationwide. Small Business Administration (SBA) disaster relief funds are among the loans impacted, and the timing could not be worse.

Topic(s):
Access to Capital, Government Accountability, Healthcare

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