In the last year and a half, we have observed how community financial institutions are better equipped to handle small business lending than the federal government.
Roger Williams
The Public Record
Roger Williams is an American politician and businessman currently serving as the U.S. Representative for Texas's 25th congressional district, a position he has held since January 3, 2013. A member of the Republican Party, Williams has focused on issues such as economic growth, job creation, and support for small businesses throughout his tenure in Congress. He has also been involved in various committees and has worked on legislation impacting his constituents in Texas.
Chairman Powell, your decisive action helped prevent the worst of the economic impacts of COVID.
I think a lot of individuals will rethink whether to have a bank account if they think everything they have is being reported to the IRS.
to increase taxes is a total burden; it is a total downer for small businesses.
From an administrative perspective, it would be extremely costly for financial institutions to implement, almost impossible.
From a privacy perspective, the IRS does not have a good track record of using Americans' tax data responsibly.
Raising taxes in this time is crazy, and the infrastructure bills that Democrats are pushing forward and attempting to pass this week will raise the corporate tax rate and drive up inflation, making goods and services more expensive.
We would be better off if banks could do what they are supposed to do and be focused on hiring more loan officers to get more money to Main Street businesses, not dealing with increased compliance costs, hiring more compliance officers…
the federal government should be encouraging individuals to get back to the workforce rather than incentivizing them not to work and stay at home.
Unfortunately, Democrats want to make this harder by increasing taxes on businesses and decreasing their incentive to bring these new innovations to the marketplace.
As Democrats try to figure out how to pay for their massive expansion of government programs through the reconciliation process, they have come up with a proposal that would force banks and credit unions to report all inflows and outflows…
This is yet another regulatory burden that would only further consolidation in the industry, which I don't think anybody on this witness stand or in this hearing wants to see more of.
the Democrats are claiming that this will generate over $200 billion in new tax revenue. Well, that is a bogus number.
Small businesses are finally beginning to recover from COVID-19 pandemic, and the last thing they need is for Congress and President Biden to raise taxes.
From a data security perspective, the IRS is the target of over a billion cyber attacks a year.
Competition and access to capital play a fundamental role in our economy, and the government must not impede entrepreneurship and innovation.
Burdensome regulations have real impacts on small business owners and the communities who depend on them.
While the President was vacationing at his beach house, and the Border Czar Kamala Harris enjoyed a football game, our Border Patrol agents were working around the clock to address the over 12,000 migrants who illegally crossed the Del Rio…
Unfortunately, it is not uncommon to hear that Biden's SBA has been difficult to work with.
Because of small business owners like yourself, and even myself, we will turn this economy around from the devastation we have seen from COVID.
Thanks to the grace of God, the hard work of our brothers and sisters in Congress, and the SBA, we were awarded a generous amount to cover our losses from 2020.





