Washington, February 24, 2025 (Globe Newswire)-after its confirmation and oath as the 28th Administrator of the administrator Administration of small US companies., Kelly Loeffler He issued a memorandum of the first day that describes his main priorities for the agency.
“Small businesses are the backbone of our nation, promoting innovation, employment creation and prosperity, and there is no stronger defender for small businesses than President Trump or me. But in the last four years, the SBA has loaded entrepreneurs with the bureaucracy, with its programs in fraud, waste and abuse. ” SBA Said administrator Loeffler. “That changes today. My first priority is to rebuild the SBA in an engine in America First for free enterprise, by empowering small businesses and feeding economic growth.
“From the first day, we will maintain the highest standards of responsibility, performance and integrity, where taxpayers’ dollars will be safeguarded, not wasted. We will pillate operations, boost efficiency and ensure that the programs deliver real results. It is a new day in the SBA, and I feel honored to lead a team that is committed to serving employment creators and citizens of the United States when a disaster occurs. “
The following priorities have been distributed to all SBA personnel as the agency prepares to carry out the first Amazon of America of President Trump and train small businesses to prosper:
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He eliminated the Office of Diversity, Equity, Inclusion and Accessibility, placing the employees of Deia on Administrative License.
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They panel subsidies throughout the agency that do not comply with the executive orders of President Trump.
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He paused the green lender initiative to reverse the favoritism of the previous administration for the companies of New Deal Green who did not support the return of the United States to the energy domain.
3. Support to Government Efficiency Department: The SBA will continue to work in close collaboration with the Ougo of President Trump as the Federal Government moves to a new era of responsibility, transparency and efficiency. SBA will prioritize the elimination of fraud and waste within the agency, to ensure that US taxpayers are used in the most productive way possible to benefit small businesses and economic growth and resistance.
4. Full -time work mandatory at the SBA employees office: In accordance with President Trump’s Go to work in person The presidential memorandum, the SBA will require that all employees, unless they are exempt, return to their respective service stations five days a week from today, Monday, February 24, 2025.
5. As part of the broader effort to support the Optimization of the workforce of President Trump, the SBA will continue to evaluate the measures to reduce the workforce, including the review of all the advisory boards, to ensure that the agency is operating with The maximum efficiency to offer results for US taxpayers, small businesses, small businesses, and those affected by disaster.
Eliminate unnecessary expense and take strong measures against fraud
6. BUDS IN FRUDE: SBA loan programs should be a powerful tool to empower small businesses and provide critical help to disaster victims. The previous administration left these programs with uncompared fraud, including an estimated $ 200 billion in fraud of the pandemic era. As of today, the SBA will institute a zero tolerance policy for fraud and investigate fraud in all programs. The agency has established a fraud work group and will designate a fraud tsar to identify, stop and collect funds obtained criminally on behalf of US taxpayers, who work between agencies to prevent fraud.
7. Performing a financial audit throughout the agency: As fraud has increased, they have also done crime, breaches and positions in loan programs, exacerbated by the subscription dairy dairy of the previous administration, services and collection efforts. As a result, the SBA has not satisfactorily completed a financial audit for several consecutive years. Therefore, the agency will request an independent audit of its finances to address poor management, restore the credibility of financial statements and preserve the solvency of public-private programs such as program 7 (a) loans and the investment companies program of small businesses, which are designed to boost economic growth without taxpayers.
8. Protection of the solvency of loan programs and the restoration of subscription standards: In the same way, SBA will review all the options to protect the solvency of its loan programs, including the review practices that have jeopardized the state of the zero subsidy of programs such as 7 (A). The agency will also restart its latent collections programs immediately. In addition, the SBA will restore its subscription standards, ensuring that taxpayers are only It does “for loans and improve the supervision of the supervision of bank non -lenders.
9. Prohibit illegal foreigners from receiving assistance from the SBA: Programs financed by US citizens should only benefit US citizens. Consistent with that of President Trump Finish the taxpayers subsidy of the open borders Executive order, the agency will implement a policy that prohibits illegal foreigners from receiving any assistance funded by taxpayers of the SBA, first putting US citizens and the United States.
10. Restricate that hostile foreigners access the assistance of the SBA: Similarly, in the interest of national security, the agency will implement measures to prevent hostile foreigners, especially those with ties with the Chinese Communist Party, access the assistance of the SBA.
Empower small businesses
11. Creation of an attack force to reduce regulation: For the first time in years, the SBA will completely customize and train the defense office to use its power to identify and eliminate onerous regulations promulgated by all federal agencies, as authorized by the authorized by the Regulatory Flexibility Law, Regulatory Equity Law of small businesses of 1996the Congress Review Law and other statutes. The administrator will work together with the main promotion lawyer to reduce past and future regulations in all areas and associate with all federal agencies to ensure that they are working to reduce the bureaucracy and costs of employment creators and promote successful commercial training .
12. SBA improvement customer service, technology and cybersecurity: With respect to small businesses must be carried out for their customers, the SBA must comply with performance standards in our own operations. Working with Doge, the SBA will review the multiple digital interfaces of the agency. To optimize and improve user experience on all platforms, the agency will also review its cybersecurity technology, response times and customer satisfaction, even collaborating with the White House on the application of artificial intelligence.
13. Promoting fair competition by returning 8 (a) contracting objectives at legal levels: The previous administration increased the federal hiring objective 8 (a) for small companies disadvantaged to a historical maximum of 15%. This action unfairly inclined the balance against any small company that would not qualify as “disadvantaged”, negatively impacting many small veteran property companies. As part of a broader effort to support competition and equal access to federal hiring for all small companies, the SBA has returned the contracting target of 8 (a) SDB at its legal level of 5%.
14. Relocation of regional offices outside the cities of the sanctuary: To better serve the main streets throughout the United States, especially in rural areas, the SBA will relocate regional offices currently based in sanctuary cities to less expensive and accessible places in communities that comply with the Federal Immigration Law. In addition, the administrator Loeffler undertakes to personally visit the regional offices and the district offices of the SBA, to facilitate a continuous dialogue with the owners of small businesses and listen directly to local employment creators about the challenges and opportunities of the world real to support growth and innovation.
15. Completion of registration activities of partisan voters: The SBA will end all voter registration activities funded by taxpayers, starting by terminating the Memorandum of Understanding 2024 of the Agency with the Office of the Secretary of State of Michigan, which forced the District offices of the SBA to carry out the registration of partisan voters in the name of the previous administration. On the other hand, the agency will return its approach to its founding mission to empower employment creators, deliver disaster relief and boost economic growth.
About the administration of small companies of the United States.
The administration of small companies of the United States helps to boost the American dream of entrepreneurship. As the main voice for small businesses within the federal government, the SBA allows employment creators with the resources and support they need to begin, grow and expand their businesses or recover from a declared disaster. It offers services through an extensive network of SBA field offices and associations with public and private organizations. For more information, visit www.sba.gov.
Contact: Middle Team Us Small Business Administration Press_Office@sba.gov