Political Quotes

“Mr. Chair, I rise in opposition to this amendment. For years, the Small Business Administration has rightly been concerned about small businesses from underserved communities accessing SBA loans. Through the agency's affiliation rule, the agency aims to combat persistent gaps in accessing capital that affects these small businesses. By modernizing the lending criteria and conditions for SBA's small business loan programs and reducing red tape for SBA lenders, we will see improved access to capital for underserved businessowners, including women, minorities, veterans, and rural entrepreneurs. Unfortunately, this amendment pulls the rug out from underneath the SBA's important effort to better support these businesses. I strongly oppose this amendment. I urge a ``no'' vote, and I yield back the balance of my time.”