I can also tell you from going around my district in Louisville, Kentucky, and talking to many successful entrepreneurs that women-owned businesses, that Black-owned businesses, other minority small businesses, it confirms it.
McGarvey highlights the challenges minority and women-owned businesses face in accessing capital.
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Thank you for bringing us together today to discuss how we can tackle one of the most persistent challenges that faces small businesses and our economy. That is the workforce shortage.
We do know that in the OIG reports, there were deficiencies found in both 2021 and 2023 showing that the Fiduciary Program is susceptible to abuse.
And small business owners in my district in Louisville, Kentucky, accountants, Mr. Harris, shouldn't have to call my office in tears because they haven't gotten guidance from FinCEN on how to comply with BOI reporting requirements and they…
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