Ernst Discusses Fixing Broken SBA With Loeffler

WASHINGTON – Today, at the Senate Committee on Small Business and Entrepreneurship hearing on the nomination of the Honorable Kelly Loeffler to serve as the Small Business Administration (SBA) administrator, Chair Joni Ernst (R-Iowa) highlighted the need to reform the agency.

Ernst asked Loeffler about her plans to refocus the SBA on its mission to empower entrepreneurs and unleash the small business economy by increasing transparency, slashing red tape, and eliminating waste, fraud, and abuse.

Click here to watch Chair Ernst’s remarks.

During Ernst’s questioning, Loeffler committed to a “collaborative and responsive” relationship with Ernst to improve transparency at the SBA.

After the agency had a 66-day disaster funding shortfall last year and failed victims in desperate need, Ernst asked Loeffler how she would work with Congress to improve critical relief programs at the agency.

As part of her plan, Loeffler noted that she will make sure that the agency is accountable to taxpayers, that she will get it back to work, and be committed to the success of small businesses and responsible to taxpayers.

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