Of the many priorities announced by Small Business Administration Administrator Kelly Loeffler, several eliminate policies implemented by the Biden administration that diverted taxpayer money from American small businesses to illegal border crossers.
Loeffler’s policies support President Donald Trump’s America First agenda, including identifying wasteful, fraudulent or abusive spending of taxpayer money and reducing regulatory burdens on small businesses. The SBA was established by Congress to foster the “American dream of entrepreneurship” by providing a range of services to small businesses, including disaster relief.
Under the Biden administration, the SBA burdened entrepreneurs with bureaucracy and with programs “mired in fraud, waste, and abuse,” Loeffler said. Her priority is to rebuild the SBA “into an America First engine for free enterprise – by empowering small businesses and fueling economic growth” and “uphold the highest standards of accountability, performance, and integrity, where taxpayer dollars will be safeguarded, not squandered. We will streamline operations, drive efficiency, and ensure programs deliver real results.”
Included in this is banning illegal foreign nationals from receiving SBA assistance, restricting hostile foreign nationals from accessing SBA assistance, and relocating regional offices out of so-called sanctuary cities.