Policy News – June 2, 2022

President Biden met with Federal Reserve Chair Jerome Powell this week to discuss the impact of rising inflation on the country. In a recent op-ed for the Wall Street Journal, Biden said that fighting inflation was the government’s top economic challenge now. Biden...

Industry News – June 2, 2022

Inflation Eases Slightly as Consumers Keep Spending  New reports showed that U.S. consumers increased spending by 0.9% in April. As a result, inflation dipped to 6.3% in April from 6.6% in March. Yet, consumers only saved 4.4% of their disposable income in April, the...

Policy News – May 26, 2022

Today at 1pm EST, the SBA Office of Capital Access will hold a training session on the SBA Community Advantage Loan Guarantee Program. The training will walk lenders through the SBA Community Advantage program, the SBA’s loan guarantee program for mission-oriented...

Industry News – May 26, 2022

Small Business Administration Announces Five New Women’s Business Centers  The Small Business Administration announced the selection of five new women’s business centers operated by established Minority Serving Institutions. The centers will provide technical...

Policy News – May 19, 2022

The Senate returned to Washington this week and leaders of both parties are hoping to move forward on a variety of economic initiatives. One of those is finding a way to counter rising gas prices. The U.S. House is set to vote on a bill that would give the Federal...

Industry News – May 19, 2022

New York City to Slash or Reduce 118 Small Business Violations  As part of his Small Business Forward program, New York City Mayor Eric Adams plans to cut or reduce over 118 existing small business fines and penalties. The reforms are expected to save city...