Political Quotes

“The Microloan Transparency and Accountability Act is important bipartisan legislation that gives all entrepreneurs fair access to the Small Business Administration's microloan program. As a former small business owner, I know accessible financial resources are important for growth, innovation, and success. Working folks have to jump on the first horse that comes down the pike, as my dad used to say, or need to dip into personal savings, like I did. Wealthy folks have family assets. Inner cities and rural Appalachia don't have those same opportunities, Madam Speaker. These are hardworking Americans just looking to get their foot in the door and to have a fair shot. This legislation aims to boost rural small business participation in the SBA microloan program by requiring the Small Business Administration to submit to Congress a financial analysis of the microloan program. This ensures Federal microloans are targeted toward rural areas, not just large urban centers, and creates important oversight that reduces fraud and government waste. These fixes will allow America's entrepreneurs, regardless of background or location, to have easier access to capital that helps them reach their goals. I am proud to partner with Representatives Andy Kim, Scott Fitzgerald, and Marie Newman on this legislation that will make a difference for east Tennessee's mom-and-pop shops and small businesses across our great country.”