Blaine Luetkemeyer: “COVID-19 devastated small businesses, and through no fault of their own, many were forced to close their doors due to…”

I am an interesting guy to have on the committee here this morning because I was a sponsor, the Republican sponsor, of the Corporate Transparency Act.

Regulatory Burden Under Biden Soars to $1.6 Trillion, 292 Million Paperwork Hours.

I can tell you I was part of the group that put the PPP program together. And I can tell you I was very strenuous in my concerns about allowing the fintech companies in.

There is discomfort and disquiet out there in the small business community that they are going to get in trouble for trying to comply with something they can't understand