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U.S. Senate Committee on Small Business and Entrepreneurship

@senatesmallbizdems

Updates from Ranking Member Markey and U.S. Senate Small Business and Entrepreneurship Committee Dems.

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Latest posts by U.S. Senate Committee on Small Business and Entrepreneurship @senatesmallbizdems

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“The SBA Community Advantage loan changed my life and the lives of many others… Please continue to provide organizations like Common Capital with the support necessary to make businesses like mine possible.”

-Ms. Guerrero, Founder/CEO, Colorful Resilience, West Springfield, MA

26.02.2025 20:28 👍 6 🔁 0 💬 0 📌 0
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“Our continued success and impact, and the success of the small business community in Western Massachusetts, depends upon the availability of SBA Microloans and the SBA Community Advantage program.”

-Mr. Lanza-Weil, President, Common Capital, Springfield, MA

26.02.2025 20:28 👍 3 🔁 0 💬 2 📌 0
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Hearing from Lenders: Managing Risk for the Long-Term in the 7(a) Loan Program

LIVE: Senate Small Business and Entrepreneurship Committee Hearing on SBA Loan Programs

26.02.2025 20:28 👍 8 🔁 2 💬 4 📌 0

4/ Partisan politics should not jeopardize small business funding or resources. For the sake of our local communities and national economy, Administrator Loeffler needs to stop creating chaos and uncertainty for America’s small businesses.

25.02.2025 18:07 👍 1 🔁 0 💬 1 📌 0

3/ Ranking Member Markey will fight to keep resources for small business in Boston and in sanctuary cities, while also ensuring rural entrepreneurs have the resources they need to overcome unique challenges.

25.02.2025 18:07 👍 1 🔁 0 💬 1 📌 0
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Fears of ICE raids are hurting businesses in several Mass. immigrant communities “When folks are not showing up to work out of fear, when folks are not frequenting these businesses out of fear, of course the impact on the local economy can be devastating.”

2/ Small business owners in these communities, through no fault of their own, will pay the cost of these arbitrary actions while already dealing with the negative impact of ICE raids in their communities. www.wbur.org/news/2025/02...

25.02.2025 18:07 👍 0 🔁 0 💬 1 📌 0

1/ On day 1, Administrator Loeffler showed the Trump admin’s goal is to advance a partisan agenda, not help small businesses. The threat to divert small business resources away from Boston over immigration policies is callous, cruel, and contradictory to SBA’s mission.

25.02.2025 18:07 👍 1 🔁 0 💬 1 📌 0
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Ranking Member Markey, Committee Democrats Condemn Arbitrary Mass Firings at the Small Business Administration, Demand Reinstatement of Employees Letter Text (PDF) Washington (February 20) – Small Business and Entrepreneurship Committee Ranking Member Edward J. Markey (D-Mass.) led Democratic committee members in a letter to Small Busine...

ICYMI: Ranking Member Markey and committee Democrats sent a letter to Administrator Loeffler demanding answers on the recent, arbitrary firings at the SBA.

25.02.2025 17:28 👍 2 🔁 0 💬 0 📌 0
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Ranking Member Markey, Committee Democrats Condemn Arbitrary Mass Firings at the Small Business Administration, Demand Reinstatement of Employees Letter Text (PDF) Washington (February 20) – Small Business and Entrepreneurship Committee Ranking Member Edward J. Markey (D-Mass.) led Democratic committee members in a letter to Small Busine...

Firing SBA employees, including veterans, loan, and disaster assistance staff, deserves an explanation.

Ranking Member Markey led a letter from committee Democrats to demand answers.

20.02.2025 23:55 👍 4 🔁 1 💬 3 📌 0
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Ranking Member Markey’s statement on the confirmation of Senator Kelly Loeffler to serve as Administrator of the Small Business Administration.

19.02.2025 20:32 👍 1 🔁 1 💬 0 📌 0
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Elon Musk won’t hand over his tax returns. Now, he wants yours.

17.02.2025 17:56 👍 476 🔁 177 💬 56 📌 5
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Mass firings of federal workers begin as Trump and Musk purge US government Mass firings at multiple U.S. government agencies have begun as President Donald Trump and Tesla CEO Elon Musk accelerate their purge of America's federal bureaucracy, union sources and employees familiar with the layoffs told Reuters on Thursday.

The richest man in the world continues working under the cover of darkness to hamstring critical government agencies.

Ranking Member Markey will demand answers from DOGE and fight to protect SBA and the programs that help small businesses compete.

15.02.2025 15:35 👍 2 🔁 0 💬 0 📌 0
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Ranking Member Markey (@markey.senate.gov) this week offered legislation that would prohibit DOGE access to sensitive SBA data – Republicans on the committee voted it down and promised a briefing on DOGE’s covert activities at the SBA.

14.02.2025 22:57 👍 1 🔁 0 💬 0 📌 0
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ICYMI: Ahead of Senate Confirmation Vote, Ranking Member Markey Opposes Senator Kelly Loeffler’s Nomination for SBA Administrator Watch: Ranking Member Markey Opposes Senator Loeffler’s Nomination to Lead the SBA Washington (February 13) – Small Business and Entrepreneurship Committee Ranking Member Edward J. Mar...

ICYMI: Yesterday, Ranking Member Markey spoke on the Senate floor to oppose the confirmation of Senator Kelly Loeffler as SBA Administrator.

www.sbc.senate.gov/public/index...

14.02.2025 21:21 👍 1 🔁 0 💬 0 📌 0
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Ranking Member Markey Demands Transparency on DOGE’s Covert Operations at the Small Business Administration During the business meeting, Markey also commended bipartisan legislation that delivers for disaster survivors Washington (February 12) – Small Business and Entrepreneurship Committee Ranking M...

Republicans on the committee today rejected Ranking Member Markey’s (@markey.senate.gov) amendment that prohibits Musk’s minions from accessing the private data of small biz owners.

Committee Democrats look forward to the promised briefing on DOGE’s activities at the SBA.

13.02.2025 01:48 👍 0 🔁 0 💬 0 📌 0
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DOGE order triggers firings at SBA of employees prematurely fired Friday Federal workers who mistakenly got termination notices last week got real ones Tuesday just hours after the president’s executive order.

Yesterday, the richest man in the world fired hundreds of workers who support America’s small businesses. After being rescinded last week, pink slips were reissued this morning. DOGE doesn't 'measure twice, cut once' they cut twice, then cut again.
www.politico.com/news/2025/02...

13.02.2025 00:35 👍 198 🔁 67 💬 28 📌 2
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Trump's firing of independent watchdogs raises concerns about government fraud and ethics In another sweeping move of his second term, President Trump fired more than a dozen inspectors general, the non-partisan watchdogs appointed to protect against abuses of power, waste and mismanagemen...

ICYMI: Trump removed the non-partisan chief fraud investigator, Inspector General Ware, from SBA, jeopardizing billions of taxpayer dollars.

Ranking Member Markey (@markey.senate.gov) called for IG Ware to be reinstated or a qualified, impartial nominee confirmed.

11.02.2025 18:06 👍 48 🔁 23 💬 1 📌 0
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Ranking Member Markey Demands Answers on Musk and DOGE Meddling in the Small Business Administration Washington (February 6) – Small Business and Entrepreneurship Committee Ranking Member Edward J. Markey (D-Mass.) sent a letter to the Small Business Administration (SBA) Acting Administrator Ev...

“Allowing Elon Musk’s minions access to the sensitive information in the SBA’s systems raises privacy, data security, and other serious concerns.”

-Ranking Member Markey (@markey.senate.gov)

www.sbc.senate.gov/public/index...

11.02.2025 15:18 👍 1 🔁 1 💬 0 📌 0
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Musk's team takes control of key systems at Consumer Financial Protection Bureau The Consumer Financial Protection Bureau is the latest target of Elon Musk's Department of Government Efficiency.

Elon wants the CFPB gone so tech billionaires can profit from apps, like X, that offer bank-like services but don’t follow financial laws that keep people’s money safe. Musk wants to use the government to put more in his pockets. This is a blatant conflict of interest. www.npr.org/2025/02/07/g...

09.02.2025 00:15 👍 573 🔁 222 💬 45 📌 12
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Small Businesses Will Be Subjected to 'the Fury of Debt Collectors' for Covid Loans, According to Senate Dems Proposed legislation could hurt struggling small businesses, Senator Ed Markey warns.

Struggling small businesses making good-faith efforts to repay their loans shouldn’t have debt collectors unleashed upon them – in addition to added fees.

Ranking Member @markey.senate.gov stood firmly against this attack on working families and individuals.

07.02.2025 20:33 👍 2 🔁 1 💬 0 📌 0
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Democratic members were prepared to offer amendments to protect small businesses, worker rights, and require adherence to the law. However, Republicans chose to vote out legislation along party lines and deny Dem Senators their right to call up amendments and debate. (4/4)

07.02.2025 18:44 👍 0 🔁 0 💬 0 📌 0
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The Ranking Member also pushed for supporting the Office of the Inspector General at SBA, which helps prevent fraud and misuse of taxpayer dollars. (3/4)

07.02.2025 18:44 👍 1 🔁 0 💬 1 📌 0
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Ranking Member @markey.senate.gov rebuked the weaponizing of the federal government against small business owners, underscoring the need to protect small businesses from false delinquency claims. (2/4)

07.02.2025 18:44 👍 0 🔁 0 💬 1 📌 0

This week, the chair of the Senate Small Business and Entrepreneurship Committee jammed through partisan legislation that unleashes debt collectors on struggling small businesses, including those making good faith attempts at repayment. THREAD

07.02.2025 18:44 👍 1 🔁 0 💬 1 📌 0
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Ranking Member Markey Demands Answers on Musk and DOGE Meddling in the Small Business Administration Washington (February 6) – Small Business and Entrepreneurship Committee Ranking Member Edward J. Markey (D-Mass.) sent a letter to the Small Business Administration (SBA) Acting Administrator Ev...

Ranking Member @markey.senate.gov sent a letter to the Small Business Administration (SBA) demanding answers about reports that the SBA granted individuals associated with DOGE access to all SBA data and payment systems.

07.02.2025 00:32 👍 1 🔁 0 💬 0 📌 0
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US foreign aid freeze is upending global aid and the work of contractors | CNN The extent of the impacts of the Trump administration’s sudden 90-day freeze of almost all foreign aid is still unclear almost a week on, as officials and aid workers overseas try to make sense of whi...

USAID supports countless American and veteran-owned small businesses.

Donald Trump’s attack on USAID is a threat to national security and a low-blow to small businesses, including veteran-owned, who depend on these contracts to put food on the table.

edition.cnn.com/2025/01/30/w...

04.02.2025 22:37 👍 1 🔁 2 💬 1 📌 0

Elon’s unprecedented takeover of critical SBA systems puts small business owners and individuals, including homeowners and renters that rely on disaster assistance, in harm’s way.
 
We will demand answers and hold the Administration accountable for protecting private data.

04.02.2025 21:06 👍 2 🔁 0 💬 0 📌 0
Senator Markey post saying: Unelected, unqualified staff, at the behest of Elon Musk, are rooting around in Small Business Administration data that they have no business handling. As the ranking member of the Small Business Committee, I am asking for answers.

Quoting: NEW: DOGE has requested and is being granted “access to all SBA systems,” per an email sent to 
@SBAgov employees today. Edward Coristine, a DOGE official, held a call with SBA staff detailing level of access they wanted, including HR, contract and payment systems

Senator Markey post saying: Unelected, unqualified staff, at the behest of Elon Musk, are rooting around in Small Business Administration data that they have no business handling. As the ranking member of the Small Business Committee, I am asking for answers. Quoting: NEW: DOGE has requested and is being granted “access to all SBA systems,” per an email sent to @SBAgov employees today. Edward Coristine, a DOGE official, held a call with SBA staff detailing level of access they wanted, including HR, contract and payment systems

Unelected, unqualified staff, at the behest of Elon Musk, are rooting around in Small Business Administration data that they have no business handling. As the ranking member of the Small Business Committee, I am asking for answers.

03.02.2025 22:36 👍 358 🔁 85 💬 63 📌 7
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Senator Schiff asked for speedy relief for disaster victims and survivors of climate disasters. (8/8)

31.01.2025 19:28 👍 1 🔁 0 💬 0 📌 0