In a new regulation upending the 7(a) program, SBA ignored the lessons in fraud mitigation learned through the Paycheck Protection Program, especially the risks financial technology and unregulated lenders posed to government-backed loans.
The SBA is now giving these risky lenders unlimited access to a key SBA program, along with reducing protections for American taxpayers.
Reports show that one of these risky lenders, Funding Circle, has an ACTIVE investment from China!
Did SBA know it was giving a company partially owned by the CCP access to U.S. taxpayer-funded loans?
Based on the SBA’s recent track record, Ranking Member Senator Joni Ernst says she has ZERO confidence in the agency to do proper due diligence to protect the 7(a) program from Chinese influence.
U.S. Senate Committee on Small Business & Entrepreneurship Republicans
The U.S. Senate Committee on Small Business & Entrepreneurship is referred all proposed legislation regarding the U.S. Small Business Administration.
Americans feel like no matter how hard they work, and how hard they try to make the right decisions for their families, they just can’t win.
Despite the Biden administration’s spin, the "Bidenomics" economy is a nightmare for everyday Americans.
Since President Biden took office, inflation is up 18%; wages are stagnant; and, energy prices are up 30%, all while housing costs continue to soar.
02/13/2024
Ranking Member Senator Joni Ernst: Iowa is home to more than 272,000 because of hard-working entrepreneurs.
This week, we recognize their tireless efforts and dedication to serving their communities!
11/25/2023
Happy !
Over 98% of Iowa businesses are , and I’m honored to represent them all as the Ranking Member of U.S. Senate Committee on Small Business & Entrepreneurship!
I’ll be this holiday season to support my friends and neighbors, and I encourage everyone to do the same!
11/13/2023
: groups representing more than 477,600 small business owners and entrepreneurs across the country are calling on Congress to consider RM Senator Joni Ernst's 👇
Ernst’s SCORE Act Gains Momentum with Small Business Leaders WASHINGTON – Small business groups representing more than 477,600 small business owners and...
09/18/2023
Expo | U.S. Senator Joni Ernst of Iowa The Official U.S. Senate website of Senator Joni Ernst of Iowa
09/15/2023
American’s owners agree: is failing main street.
09/13/2023
🚨Next week will be our Entrepreneur Expo with RM Senator Joni Ernst in Ames, Iowa!
This will be the best opportunity for Iowa to learn about federal, state, and local contracting opportunities & federal innovation programs.
Expo | U.S. Senator Joni Ernst of Iowa The Official U.S. Senate website of Senator Joni Ernst of Iowa
08/25/2023
: Ranking Member Senator Joni Ernst and the U.S. Senate Committee on Small Business & Entrepreneurship team held an in-person field hearing in Des Moines!
Read more about Ranking Member Ernst’s plan to ensure owners are considered in regulatory mandates👇
Sen. Ernst holds hearing in Iowa on impact of regulations on small businesses - Financial Regulation News U.S. Sen. Joni Ernst (R-IA) led a field hearing in Des Moines, Iowa, to examine the impact of federal regulations on small businesses.Sen. Joni Ernst Ernst is the sponsor of legislation called the Prove It Act, which would require federal agencies to demonstrate that any new regulation complies with...
08/17/2023
Ernst to Lead Senate Small Business Committee Field Hearing in Des Moines WASHINGTON – On Wednesday, August 23, U.S. Senator Joni Ernst (R-Iowa), Ranking Member of the Senate...
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