Press Releases

Press Release Date:
Thursday, February 1, 2024

Statement by John Arensmeyer, Founder & CEO of Small Business Majority, urging the Senate to advance a bipartisan tax deal that includes multiple provisions needed to support tax equity

“We are pleased the U.S. House of Representatives passed the ‘Tax Relief for American Families and Workers Act,’ a bipartisan package that expands the child tax credit (CTC) and reinstates policies needed to support business growth, tax fairness and simplicity. We urge the U.S. Senate to do the same and send this legislation to President Biden for his signature.

Topic(s):
Entrepreneurship, Financial Reform, Government Accountability, Tax and Budget Reform
Press Release Date:
Friday, January 19, 2024

Statement by Bianca Blomquist, Policy Director, California for Small Business Majority, on measures in Governor Gavin Newsom’s January budget proposal that will impact California small business owners.

“We are glad that Governor Gavin Newsom’s January 2024-25 budget proposal maintains funding for programs that small businesses rely on but we hope the governor’s review in May will include increases for programs and services essential to job creation, workforce development, and overall small business growth.

Many provisions included in this year’s January proposal would support efforts to start or grow a business. Small business owners are encouraged by the following proposed investments: 

Topic(s):
Entrepreneurship, General Small Business
Press Release Date:
Wednesday, January 10, 2024

New poll finds the vast majority of New Mexico small business owners support state-administered paid family & medical leave benefits as a way of better retaining employees and bridging the benefits gap.

Albuquerque, New Mexico - Small Business Majority released a new poll showing small business support for paid family and medical leave programs that help employees and protect small employers. A vast majority (85%) support a state-run paid family and medical leave insurance program that would make it easier for their businesses and their employees to access uniform paid leave benefits. 

Topic(s):
Entrepreneurship, Paid Family & Medical Leave Insurance, Workforce Issues
Press Release Date:
Wednesday, January 10, 2024

Nueva encuesta revela que la gran mayoría de empresarios en Nuevo México apoyan los beneficios de una licencia médica y familiar pagada a nivel estatal como estrategia para retener mejor a los empleados y cerrar la brecha en beneficios.

Albuquerque, Nuevo México - Small Business Majority publicó una nueva encuesta mostrando apoyo empresarial por programas de licencia médica y familiar pagada para ayudar a los empleados y proteger los pequeños empleadores.

Topic(s):
Paid Family & Medical Leave Insurance
Press Release Date:
Wednesday, December 20, 2023

Statement by John Arensmeyer, Founder & CEO of Small Business Majority, on why a new Department of Labor proposed rule is important to small employers

“We are thrilled the U.S. Department of Labor is taking action to rescind a Trump Administration policy that sought to expand association health plans. While some claim that association health plans can lower costs for some small businesses, they would in fact harm small firms overall by causing higher premiums, unbalanced risk pools and lower-quality insurance. 

Topic(s):
Healthcare
Press Release Date:
Monday, December 11, 2023

Statement from David Chase, Vice President, Policy & Advocacy for Small Business Majority, on why the House of Representatives’ action on healthcare pricing reform and transparency legislation will benefit the small business community

“We applaud the U.S. House of Representatives for passing the 'Lower Costs, More Transparency Act' (LCMT) and sending the bill to the U.S. Senate this calendar year.  

Topic(s):
Healthcare
Press Release Date:
Tuesday, December 5, 2023

Statement from Bianca Blomquist, California Policy Director for Small Business Majority, on California judgment that upholds state regulation requiring the disclosure of APR in small business financing products

“We are thrilled with U.S. District Judge R. Gary Klausner’s decision to rule in favor of the California Department of Financial Protection & Innovation in the case of ‘Small Business Finance Association v. Clothilde Hewlett,’ upholding state efforts that require annual percentage rate (APR) disclosures in small business finance products.

Topic(s):
Predatory Lending
Press Release Date:
Friday, December 1, 2023

Statement by John Arensmeyer, Founder & CEO of Small Business Majority, urging President Biden to veto a resolution overturning the Consumer Financial Protection Bureau’s ability to increase transparency in small business lending

“Small Business Majority strongly opposes the U.S. House of Representatives’ action to block the Consumer Financial Protection Bureau (CFPB) from implementing the Section 1071 rule, requiring lenders to report demographic data on small business loan recipients. 

The CFPB’s rule implementing Section 1071 of the Dodd-Frank Act will facilitate better tracking of lending in communities of color and identify business development opportunities for entrepreneurs who have traditionally experienced inequities in our banking system. 

Topic(s):
Access to Capital, Predatory Lending
Press Release Date:
Monday, November 20, 2023

Washington, D.C. - Today and every day, Small Business Majority celebrates entrepreneurs across the country. This year, we are proud to bring back our Holiday Gift Guide, which features over 250 small businesses!

Topic(s):
General Small Business
Press Release Date:
Monday, November 13, 2023

Representative Sharice Davids (KS-03) joined Small Business Majority for a discussion on how a government shutdown will negatively impact small business growth and our national economy

Washington, D.C. - Today, ahead of the Friday, November 17 government funding deadline, Representative Sharice Davids joined Small Business Majority and concerned small business owners and advocates to implore Congress to work together and do what they can to keep the government open. 

Topic(s):
General Small Business, Government Accountability

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