ASBL: New SBA Administrator Opposes Merging SBA with Commerce Department

Press Release

ASBL: New SBA Administrator Opposes Merging SBA with Commerce Department

ASBL Succeeds in Campaign Opposing Closure of SBA

American Small Business League
January 25, 2017

PETALUMA,Calif.,Jan. 25, 2017 /PRNewswire-USNewswire/ -- On January 24th 2017, newest Small BusinessAdministrator Linda McMahon announced in a senate hearingon Tuesday that she opposes any plan to merge the Small Business Administration(SBA) with the Department of Commerce. "I am afirm believer that the SBA needs to be a stand-alone agency," said SBA Administrator LindaMcMahon.

Duringher senate campaign in Connecticutshe had favored merging the SBA with the Department of Commerce.

Historically,merging the SBA with the Department of Commerce has been the preferred plan byrepublicans to permanently close the SBA and end all federal programs for smallbusinesses.

TheReagan Administration was the first to attempt to combine the SBA with the Department ofCommerce, and in 2011, North CarolinaSenator Richard Burr proposed the same plan.

TheAmerican Small Business League sounded thealarm on the issue and wasthe only organization in the country to voice any concern that Donald Trump may try to resurrect Reagan andBurrs plan to close the SBA by combining it with the Department of Commerce.

Speakingon the success of their campaign opposing the closure of the SBA, ASBL founderand President Lloyd Chapman had this to say: "I'm happy to see thatincoming administrator Linda McMahon is against combining the SBAwith the Department of Commerce. President Donald Trumppromised to be the greatestjobs President God ever created andhe's not going to be able to do that without the SBA and its programs. I hopethat Linda McMahon and DonaldTrump will support the ASBL's campaignto end the diversion of Federal small business contracts to Fortune 500firms."

For the fullpress release, click here: http://www.prnewswire.com/news-releases/asbl-new-sba-administrator-opposes-merging-sba-with-commerce-department-300396742.html?tc=eml_cleartime

 


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