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The Latest Breaking News from SBA

Experts say White House’s rehoming of student loan program will put borrowers at risk

Trump announced loan program will be moved from Department of Education to Small Business Administration

The Guardian - US

SBA to cut half its workforce - all while taking on student loan management

The student loan portfolio totals more than $1.6 trillion – the same size as some of the largest banks in the U.S.

The Independent UK

Student Loans And Special Needs Programs To Be Shifted To New Departments, Says Trump

The Federal Student Aid Office has more than 1,000 employees, but it is uncertain if they would be transferred to the SBA.

International Business Times

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Small Business Administration to reorganize, cut about 2,700 jobs

The Small Business Administration said it will cut its workforce by 43%, or about 2,700 jobs, as part of a reorganization

The Independent UK

Small Business Administration to relocate 6 offices in so-called 'sanctuary cities'

The Small Business Administration said it will relocate six of its regional offices in so-called “sanctuary cities,” part of a broader Trump administration effort to crack down on cities that it deems have immigrant-friendly policies

The Independent UK

House Committee Calls For Answers On SBA Electioneering Allegations

Rep. Roger Williams urges SBA chief to address concerns on electioneering and COVID relief fund misuse.

Top News

Kelly Loeffler Confirmed To Lead Small Business Administration

Kelly Loeffler, a former senator and Trump supporter, confirmed to lead the Small Business Administration, overseeing services like Economic Injury Disaste...

Top News

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Scores of Federal Workers Fired As Trump's Government Purge Begins: Report

More than two weeks since President Donald Trump announced major plans to downscale the government, mass firing at multiple U.S. government agencies begun on Feb. 11, union sources and employees familiar with the layoffs told Reuters.

Latin Times

Trump's small business department fired staff and said it was an accident—then emailed the next day re-firing them

Probationary staffers reportedly received a series of emails relating to terminations amid widespread headcount cuts in department agencies.

Fortune

SBA Layoff Chaos: Agency Sends, Retracts, Then Confirms Termination Notices

The new emails informed the staff that their employment was being ended immediately, replacing the earlier draft termination letters, which had stated their departures would take effect on Feb. 21.

International Business Times

Senate Committee Advances Nomination Of SBA Administrator Pick

Kelly Loeffler, nominee for SBA administrator, pledges to donate salary to charity if confirmed. She aims to enhance government efficiency and support entr...

Top News

Former Sen. Loeffler To Donate Entire Federal Salary To Charity

Former Sen. Kelly Loeffler, nominee for SBA administrator, pledges to donate her federal salary to charity if confirmed, continuing her history of philanth...

Top News

As small businesses face fire devastation and try to get back on their feet, a variety of aid exists

The fires in California have been devastating for many small business owners and others who saw their homes, businesses or livelihoods go up in smoke

The Independent UK

SBA Communications' Quarterly Earnings Preview: What You Need to Know

SBA Communications is expected to announce its fourth-quarter results next month, and analysts predict a single-digit drop in the company’s bottom-line figure.

Barchart

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Kiplinger

What You Need to Know About Working For Yourself

Whether you’re looking for a side gig or planning to start your own business, it has never been easier to strike out on your own. Here is our guide to navigating working for yourself.

Salon

Trump nominates Loeffler to lead SBA

The former senator from Georgia is currently the co-chair of Trump's inauguration planning committee

Top News

Former US Sen. Kelly Loeffler Nominated As SBA Administrator

Former US Sen. Kelly Loeffler appointed by President-elect Trump as Administrator of the Small Business Administration, emphasizing support for small busin...

Roll Call

Trump chooses former Sen. Kelly Loeffler for SBA - Roll Call

Kelly Loeffler, a former Republican senator from Georgia, was President-elect Donald Trump's choice to lead the SBA.

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Benzinga

Trump's Department Of Education Secretary Pick Linda McMahon Owns TKO Stock Thanks To Famous Wrestling Past

Linda McMahon has close ties to Donald Trump and remains a shareholder in a leading sports company ahead of her potential role in the new White House Cabinet.

Reason

Archives: December 2024

Excerpts from Reason's vaults

Roll Call

White House asks for nearly $100B disaster relief package - Roll Call

President Joe Biden is seeking $98.6 billion in emergency disaster relief funding following a series of hurricanes this fall.

Reason

Abolish the Small Business Administration

Like all government perks, SBA lending creates unseen victims.

Al Jazeera

Who are Trump’s picks for his cabinet and administration?

Trump must appoint about 4,000 officials, including the heads of the 15 executive departments that make up the cabinet.

Evening Standard

West End wars: Who will win the new battle for the soul of Soho?

Soho business leader John James calls out what he describes as Westminster’s “obvious bias” against operators

Top News

Pro-Life Groups Plan For Trump's Second Term Priorities

Pro-life groups gear up for potential Trump second term, focusing on reversing abortion policies and advocating for pro-life initiatives.

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