Washington, DC – Today, Small Business Majority Founder and CEO John Arensmeyer issued the following statement after President Trump announced that the White House is halting COVID-19 relief negotiations until after the election.
Press Releases
Press Release Date:
Tuesday, October 6, 2020
Topic(s):
Access to Capital, COVID-19, Government Accountability
Press Release Date:
Wednesday, September 30, 2020
Washington, DC – Today, Small Business Majority CEO John Arensmeyer and several small business owners from the organization's network commented on the HEROES 2.0 Act that will be voted on in the U.S. House of Representatives this evening.
Topic(s):
Access to Capital, COVID-19, Government Accountability
Press Release Date:
Friday, September 25, 2020
Expanding the Department of Business Oversight is a step in the right direction, but the measure of its success will be determined by how quickly new regulations are implemented
Sacramento, CA — Today, Small Business Majority’s Vice President of California, Mark Herbert, issued the following statement after Governor Gavin Newsom signed into law a bill to transform California’s Department of Business Oversight (DBO). The legislation will establish the Department of Financial Protection and Innovation (DFPI) and allow for more robust oversight of commercial financing companies that engage in unfair, deceptive or abusive acts or practices (UDAAP) toward small businesses.
Topic(s):
Access to Capital, COVID-19, Regulations
Press Release Date:
Wednesday, September 23, 2020
Washington, DC – Today, Small Business Majority submitted a letter to Congressional leadership urging them to pass a comprehensive and robust COVID-19 relief package as small businesses continue to face permanent closures.
Topic(s):
Access to Capital, COVID-19, Government Accountability
Press Release Date:
Thursday, September 10, 2020
Washington, DC — Today, Small Business Majority Founder and CEO John Arensmeyer issued the following statement after U.S. Senate Democrats blocked the Delivering Immediate Relief to America’s Families, Schools and Small Businesses Act (S. 178), the so-called “skinny” COVID-19 relief bill led by Senate Republicans.
Topic(s):
Access to Capital, COVID-19, Government Accountability
Press Release Date:
Tuesday, September 8, 2020
Washington, DC — Today, Small Business Majority Founder and CEO, John Arensmeyer, issued the following statement upon Congress’ return to Washington.
Topic(s):
Access to Capital, COVID-19, Government Accountability
Press Release Date:
Friday, August 7, 2020
Absent Additional Stimulus Funding 1 in 4 Small Business Owners Will Permanently Close Within 3 Months
Washington, DC — Today, as negotiations on the next phase of COVID-19 stimulus are at a standstill, Small Business Majority released calls by business owners in its network to immediately extend and reform the Paycheck Protection Program (PPP). New data from Small Business Majority has found that 80% of small business owners would like to take a second PPP loan.
Topic(s):
Access to Capital, COVID-19
Press Release Date:
Wednesday, August 5, 2020
A new network survey reveals 1 in 4 small businesses will not survive past 3 months without additional stimulus funding
Washington, DC — Today, Small Business Majority released a new network survey revealing how dire the situation is for the nation’s smallest business owners and called on Congress to immediately reevaluate the stimulus provisions being considered in the next COVID-19 relief bill.
Topic(s):
Access to Capital, COVID-19, Financial Reform, Government Accountability, Regulations, Retirement
Press Release Date:
Thursday, July 30, 2020
Lacking transparency standards have resulted in small businesses paying as high as 350% APR on small business financing
Washington, DC — Today, Small Business Majority, issued the following statement applauding the introduction of the Small Business Lending Disclosure and Broker Regulation Act of 2020 authored by House Small Business Committee Chairwoman Nydia Velázquez. The bill would amend the federal Truth in Lending Act (TILA) to extend the same protections for consumers to America’s small businesses.
Topic(s):
Access to Capital
Press Release Date:
Monday, July 27, 2020
Washington, DC – Small Business Majority Founder and CEO, John Arensmeyer, issued the following statement after Senate Republicans released their next COVID-19 economic relief package for small business.
Topic(s):
Access to Capital, COVID-19, Entrepreneurship, Government Accountability, Regulations