“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
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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
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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
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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
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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
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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
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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
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Elon Musk won’t hand over his tax returns. Now, he wants yours.
17.02.2025 17:56
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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
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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
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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
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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
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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
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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
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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
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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
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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
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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
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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
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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
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