"Committee on Small Business Invites SBA Administrator Guzman to Testify alongside SBA Inspector General Ware"
Summary
A House Committee on Small Business press release dated June 29, 2023 announcing that Chairman Roger Williams (R-TX) invited SBA Administrator Isabella Guzman to testify alongside SBA Inspector General Hannibal "Mike" Ware on July 13, 2023. The release states that an SBA Office of the Inspector General report of June 27, 2023 concluded the SBA disbursed more than $200 billion in potentially fraudulent loans through the pandemic relief programs. It states that the SBA released a report the same day putting the figure closer to $36 billion. The release says the hearing will take place at 2:00 P.M. EDT in room 2360 of the Rayburn House Office Building.
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Full text
Committee on Small Business Invites SBA Administrator Guzman to Testify alongside SBA Inspector General Ware Amidst Concerning Fraud Reports Committee Invites SBA Administrator Guzman to Testify June 29, 2023 Tags: Oversight, Investigations, and Regulations WASHINGTON, D.C. – Today, Congressman Roger Williams (R-TX), Chairman of the House Committee on Small Business, invited the Honorable Isabella Guzman, Administrator of the U.S. Small Business Administration (SBA), to testify before the Committee on Small Business alongside SBA Inspector General Hannibal “Mike” Ware on July 13th, 2023. The SBA Office of the Inspector General (OIG) released a report on June 27, 2023, which conservatively concluded that the SBA disbursed more than $200 billion in potentially fraudulent loans through the pandemic relief programs. Nearly three hours later on that same day, the SBA released a report arguing that the fraud in these programs is actually closer to $36 billion, not the $200 billion claimed by the independent OIG. Given the drastic discrepancy in these reports, and the lack of an adequate plan to recoup these stolen taxpayer funds, the Committee on Small Business is extending an invitation to Administrator Guzman to testify at the hearing which was previously scheduled only with Inspector General Ware. We believe the presence of both offices is imperative to ensure we work together to root out the fraud in these programs and recoup these funds for the taxpayers. The SBA Office of Inspector General Report can be found here. The SBA’s Protecting the Integrity of the Pandemic Relief Programs Report can be found here. The hearing will take place on Thursday, July 13th, 2023, at 2:00 P.M. EDT in room 2360 of the Rayburn House Office Building. Official hearing notice can be found here. Related News Subcommittee on Oversight, Investigations, and Regulations Holds Hearing on Restoring the SBA to Its Intended Mission: Serving Main Street March 11, 2025 | Posted in Press Releases Committee on Small Business Releases Report on Federal Agency Compliance with RFA May 22, 2024 | Posted in Press Releases Chairman Williams, Rep. Van Duyne Write to GEC to Further Investigation into Censorship May 17, 2024 | Posted in Press Releases Chairman Williams, Senator Ernst Issue Statement on SBA Refusal to Comply, Importance of Congressional Oversight May 15, 2024 | Posted in Press Releases Chairman Williams Writes to DOE, EPA, and DOL Regarding Concerns Over New Proposed Rules March 13, 2024 | Posted in Press Releases
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