National

Small Business Majority submits written testimony on impact of sweeping tariffs on small businesses

On April 18, Small Business Majority submitted a statement for the record in response to an April 8th Senate Finance Committee hearing with United States Trade Representative (USTR) Ambassador Jamieson Greer titled “The President’s 2025 Trade Policy Agenda.” The statement underscores how sweeping, unpredictable tariffs have directly harmed small businesses across the country, fueling uncertainty on Main Street. Small Business Majority submitted a similar statement in response to the April 9th House Ways & Means Committee hearing with Ambassador Greer. 

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Small Business Majority and nearly 20 business organizations send letter opposing SBA’s decision to slash workforce by 43%

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.

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Small Business Majority submits written testimony highlighting the importance of tax relief for Main Street amid growing economic uncertainty

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. 
 

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The impact of reproductive health on small businesses

Publisher: 
Small Business Majority
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Date: 
Monday, April 7, 2025

Since the U.S. Supreme Court overturned Roe v. Wade in 2022, reproductive healthcare access has changed dramatically across the country. These changes aren’t just affecting individuals—they’re also impacting small businesses. To develop a deeper understanding of how access to reproductive health services impacts entrepreneurs, Small Business Majority held three focus group discussions in January 2025 with 16 diverse small business owners from across nine states. 

Small Business Majority sends letter in opposition to Senate budget framework that opens the door for spending cuts to the small business ecosystem

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.

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Small Business Majority submits comments on proposed rule to make sweeping changes to the ACA Marketplace

On April 2, Small Business Majority submitted comments in response to a proposed rule issued by the Centers for Medicare and Medicaid Services (CMS) which proposes several expansive changes to eligibility and enrollment standards for the Affordable Care Act’s (ACA) Healthcare Insurance Marketplace.

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Small Business Majority testifies on the growing uncertainty among small businesses nationwide

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.

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Small Business Majority submits feedback to the House Committee on Financial Services to underscore importance of Sec. 1071

On March 31, Small Business Majority submitted a response to the House Committee on Financial Services’ request for feedback on several pieces of legislation, including a bill to repeal Section 1071 of the Dodd-Frank Act which requires financial institutions to collect and report data on small business lending. Our response urges the Committee to reconsider any efforts to repeal 1071, emphasizing its critical role in enhancing transparency and competition in small business lending which will expand access to capital for minority- and rural-owned businesses.

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Structural Barriers to Small Business Success: How Structural Racism Affects Entrepreneurism in the Top 100 Metropolitan Areas

Publisher: 
Small Business Majority
English
Date: 
Tuesday, August 27, 2024

Looking at the 100 largest metro areas in the United States, ICIC and Small Business Majority developed an interactive map tool that visualizes small business outcomes at the census tract level. Combining numerous public and private data sources, the tool offers users a unique perspective on how revenue and employment size may vary by the racial and economic characteristics of the owner and the neighborhood where the business is located.

Small Business Majority and business organizations send letter in opposition to dismantling of CDFI Fund and MBDA

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).

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