risk management is their top priority for those farmers, and we must continue to strengthen our farm safety net.

We need to protect the taxpayers against fraud. We want to make sure that the dollars are going to those small business entities that are truly deserving and need those resources.

These final rules threaten to drastically change the SBA's flagship small business lending program.

Okay. So, you--and you are saying here today you will not be seeking loan forgiveness as SBA for EIDL loans under $100,000.

We need to protect the taxpayers against fraud. We want to make sure that the dollars are going to those small business entities that are truly deserving and need those resources.

So, yes, I don't want you to leave Mr. Shoemaker, or Shoemaker, without feeling you have gotten a fair shot at discussion today.

It is really disheartening to many of us on this committee, as we saw in a bipartisan manner, where numbers of our committee members raised issue with the proposed rules.

Okay. So, you--and you are saying here today you will not be seeking loan forgiveness as SBA for EIDL loans under $100,000.

I would rather not revisit that.

I would rather not revisit that.

These final rules threaten to drastically change the SBA's flagship small business lending program.

So, yes, I don't want you to leave Mr. Shoemaker, or Shoemaker, without feeling you have gotten a fair shot at discussion today.

It is really disheartening to many of us on this committee, as we saw in a bipartisan manner, where numbers of our committee members raised issue with the proposed rules.

today I honor an exemplary leader, liaison, and soldier. After a year of service in the U.S. Senate, MAJ Brian Focareto will continue his service to the Nation in the 101st Airborne Division at Fort Campbell. On this occasion, I believe it…

I would like to thank the Senator from Alabama for leading this effort. Iowa has a celebrated history of exceptional girls' sports programs. We recently saw the Iowa Hawkeyes women's basketball team make it to the national championship…

I would rather not revisit that.

So, yes, I don't want you to leave Mr. Shoemaker, or Shoemaker, without feeling you have gotten a fair shot at discussion today.

Okay. So, you--and you are saying here today you will not be seeking loan forgiveness as SBA for EIDL loans under $100,000.

We need to protect the taxpayers against fraud. We want to make sure that the dollars are going to those small business entities that are truly deserving and need those resources.

It is really disheartening to many of us on this committee, as we saw in a bipartisan manner, where numbers of our committee members raised issue with the proposed rules, and it shows that the Administrator and the SBA was not working in…

These final rules threaten to drastically change the SBA's flagship small business lending program.

earlier this week, myself, Senator Cassidy, and Senator Cornyn, along with 35 of our Republican colleagues, introduced an effort to block President Biden's plan to transfer student loan debt onto the back of hard-working Americans. This…

I do want to thank you as well for the letter that was sent back to Chairman Cardin and I.

I hope that this has been a one-off situation, but I think it is encouraging many of those institutions to go back and relook what their practices are.

Fraud in ineligible firms were supposed to be flagged and recouped on the back end through the forgiveness process, yet the Biden administration has forgiven $754 billion, or 92 percent of all PPP loans.