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