It’s National Small Business Week! The Small Business Administration will hold a virtual conference on recovery, adaptation, and innovation this week to celebrate the nation’s 30 million small businesses. Yesterday, SBA Administrator Jovita Carranza is set to announce the 2020 National Small Business Person of the Year. In a press release from the SBA, President Trump asserted his commitment to investing in small business owners. On the labor front, the Labor Department is seeking to define who qualifies as an “independent contractor.” The goal, according to U.S. Labor Secretary Eugene Scalia, is to “clear away the cobwebs and inconsistencies that have grown up around this analysis since the Supreme Court’s decision more than half a century ago.” The proposed test will solidify the distinction of a worker’s economic dependence on the employer from being in business for themselves. The DOL hosted a call on this issue at 10:00 AM ET. And finally, on the heels of the death of Supreme Court Justice Ginsberg, the Senate is set to nominate a new SCOTUS judge. President Trump is reported to have a short list of nominees and is expected to reveal his choice by next week.
Happening on the Hill
The House
The House Small Business Committee will hold a (virtual) hearing on the examination of the Paycheck Protection Program’s loan forgiveness, inaccurate data, and SBA systems. The hearing is scheduled for Sept. 24th at 10:00 AM ET.
The House Education, Labor and Pensions Committee will hold a (hybrid) hearing on the National Apprenticeship Act of 2020. The hearing is scheduled for Sept. 24th at 10:15 AM ET.
The House House Ways and Means Subcommittee on Select Revenue Measures will hold a (virtual) hearing on restaurants in America during the COVID-19 pandemic. The hearing is scheduled for Sept. 25th at 9:00 AM ET.
The House Subcommittee on Economic Growth, Tax, and Capital Access will hold a (hybrid) review hearing of PPP loan forgiveness. The hearing is scheduled for Sept. 25th at 9:30 AM ET.
The House Financial Services Task Force on Financial Technology will hold a (virtual) hearing on who has the authority to lend and process payments in the FinTech age. The hearing is scheduled for Sept. 29th at noon ET.
The Senate
The Senate Banking, Housing, and Urban Affairs will hold a (virtual) hearing on the quarterly CARES Act report to Congress. The hearing is scheduled for Sept. 24th at 10:00 AM ET.
Bills of Interest
Rep. Bill Posey (R-FL-8) introduced a bill that would limit funding on monies appropriated under the CARES Act
Rep. Jim Hagedorn (R-MN-1) introduced a bill that would provide COVID-19 best practices and training information to farm workers
Rep. Alma Adams (D-NC-12) introduced a bill to promote diversity in the national apprenticeship system
Rep. Gregorio Sablan (D-MP-At Large) introduced a bill to require the Secretary of Labor to create apprenticeships or expanding opportunities through apprenticeships for outlying areas
AT THE AGENCIES
Small Business Administration
In a press release, President Trump proclaims the beginning of National Small Business Week.
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