"Ernst Discusses Fixing Broken SBA With Loeffler"
Summary
A press release dated January 29, 2025 from the Senate Committee on Small Business and Entrepreneurship on its hearing on the nomination of Kelly Loeffler to serve as Small Business Administration (SBA) administrator. It reports that Chair Joni Ernst (R-Iowa) asked Loeffler about plans to refocus the SBA by increasing transparency, slashing red tape and eliminating waste, fraud and abuse. According to the release, Loeffler committed to a "collaborative and responsive" relationship with Ernst on SBA transparency. Citing what it calls a 66-day disaster funding shortfall at the agency the previous year, the release says Ernst asked how Loeffler would work with Congress on relief programs, and that Loeffler said she would make the agency accountable to taxpayers.
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Title: Ernst Discusses Fixing Broken SBA With Loeffler Date: 2025-01-29 Ernst Discusses Fixing Broken SBA With Loeffler January 29, 2025 Read the release on Sen. Ernst's website HERE. Loeffler lays out vision to unleash Main Street. WASHINGTON – Today, at the Senate Committee on Small Business and Entrepreneurship hearing on the nomination of the Honorable Kelly Loeffler to serve as the Small Business Administration (SBA) administrator, Chair Joni Ernst (R-Iowa) highlighted the need to reform the agency. Ernst asked Loeffler about her plans to refocus the SBA on its mission to empower entrepreneurs and unleash the small business economy by increasing transparency, slashing red tape, and eliminating waste, fraud, and abuse. Click here to watch Chair Ernst’s remarks. During Ernst’s questioning, Loeffler committed to a “collaborative and responsive” relationship with Ernst to improve transparency at the SBA. After the agency had a 66-day disaster funding shortfall last year and failed victims in desperate need, Ernst asked Loeffler how she would work with Congress to improve critical relief programs at the agency. As part of her plan, Loeffler noted that she will make sure that the agency is accountable to taxpayers, that she will get it back to work, and be committed to the success of small businesses and responsible to taxpayers. ### Permalink: https://www.sbc.senate.gov/public/index.cfm/2025/1/ernst-discusses-fixing-broken-sba-with-loeffler
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- www.sbc.senate.gov