I would like to be recognized. Let me begin by thanking Mr. Meuser, the Chair of Economic Growth, Tax, and Capital Access Subcommittee and the Committee's party Ranking Member, Mr. Phillips, for working together to make sure SBA has the proper oversight in place to address the increased risk introduced by loan agents in the 7(a) program.
Velazquez emphasizes the need for proper oversight of loan agents in the 7(a) program.
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I don’t trust Elon Musk with this information, and I know the American people don’t, either.
I commend Mr. Phillips and Mr. Meuser for their bipartisan work on H.R. 1651, the Small Business 7(a) Loan Agent Transparency Act.
Of particular concern to me are the barriers that women, minority, and rural entrepreneurs face each and every day.
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