Now, when the SBA changed the 7a lending rules, Members of this committee repeatedly voice their concerns that changing the underwriting standards would lead to increased default rates.

The SBA is supposed to be the lender of last resort and not compete with the private sector.

Current conflicts in the Middle East and Ukraine have decreased our domestic defense industrial stockpiles, and with the strongest military in the world, it is imperative that we prioritize rebuilding our defense industry and stockpiles to ensure our readiness in the face of any emerging threats.

It is important to recognize the increase in the number of contractors leads to more reliable supply chains, scaled efficiency, less backlogs, and this increases competition.

Healthcare is something that is extremely personal to every American. We need to make sure that patients can get the care they need by the providers they want at a price they can afford.

I understand these challenges firsthand, after my family searched for the best treatment options for my wife, Patty, after she was diagnosed with glioblastoma in December of 2022.

Since the 1990s, the defense industry has seen a 90-percent decrease in the prime contracting space, from 51 contractors to 5 contractors.

When people hear the word, 'merger,' they automatically think something bad, but mergers can be good for the banking industry.

The FDIC's proposal would discourage mergers altogether.

The OCC's proposal does more harm than good by removing key provisions that would streamline and expedite the application review process.

Regulations are killing community banks, in case you don't know that.