Author Archives for Malwina Bak

DOL Listening Sessions on Overtime Regulations 

April 20, 2022 2:38 pm Published by Comments Off on DOL Listening Sessions on Overtime Regulations 

The Department of Labor has announced virtual listening sessions to get stakeholder input on overtime regulations - those sessions are scheduled for May and June 2022.


House to Vote on Relief Bill

April 6, 2022 5:33 pm Published by Comments Off on House to Vote on Relief Bill

The House is set to vote this week on legislation that would add $42 billion to the depleted Restaurant Revitalization Fund and create a new $13 billion Hard Hit Industries Award Program.


Biden Releases New Budget

April 1, 2022 5:36 pm Published by Comments Off on Biden Releases New Budget

On Monday, the White House released its budget proposal for FY 2023 which includes a section on expanding opportunities for workers and small businesses and also repeals the Trump tax cuts.


SBA Updates Lending Program

April 1, 2022 5:29 pm Published by Comments Off on SBA Updates Lending Program

This week, Vice President Kamala Harris and SBA Administrator Isabella Guzman announced reforms to the agency’s Community Advantage loan program - a key tool for CDFIs.


Lawmakers Push Broad Funding Package

March 9, 2022 6:49 pm Published by Comments Off on Lawmakers Push Broad Funding Package

The House has released a long-term funding bill with the goal of passing it today, sending it next to the Senate and finally the White House by Friday.


White House Touts Clean Manufacturing

February 16, 2022 3:55 pm Published by Comments Off on White House Touts Clean Manufacturing

The White House announced new actions across agencies to promote clean manufacturing and reduce emissions, including low-carbon production of steel and aluminum for electric vehicles, wind turbines, solar panels, and clean concrete.


New Survey on Small Business

January 26, 2022 8:33 pm Published by Comments Off on New Survey on Small Business

On Jan. 24, Goldman Sachs released a survey on the ongoing impact of Covid-19 on small businesses which shows the Omicron variant is hurting Main Street.


Export-Import Funds for Small Business

January 5, 2022 7:40 pm Published by Comments Off on Export-Import Funds for Small Business

Ex-Im Bank recently released November 2021 numbers showing the agency approved 124 authorizations, providing funding of up to $141.6 million for small businesses.


Federal Procurement Reforms

December 8, 2021 6:55 pm Published by Comments Off on Federal Procurement Reforms

Recently, the Biden administration announced a set of reforms to the federal procurement process to increase opportunity for all underserved businesses.


SBA Proposal to Modify Size Standards

November 17, 2021 8:22 pm Published by Comments Off on SBA Proposal to Modify Size Standards

The SBA issued a proposal to modify two of the methods the organization uses to qualify which businesses classify as small businesses for government contracts and SBA loan and investment programs.