The Latest Breaking News from The Small Business Administration

Trump plan could redefine $1 billion companies as ‘small businesses’

IN FULL

The Independent UK · Aug 27

Trump team wants to expand the definition of ‘small business’ to include billion-dollar companies

The Small Business Administration is proposing a rule that would massively increase the cap at which companies are considered ‘small’ – with some allowed to make over $1 billion

The Independent UK · Aug 26

U.S. Treasury has borrowed $155 billion every month of this fiscal year—and is now paying $24 billion a week in interest on its debts

Interest payments on the debt are now so large that the spending is higher than the outlays for the Departments of Defense, Commerce, Homeland Security, Education, the Environmental Protection Agency, the Small Business Administration, and the U.S. Coronavirus Refundable Credits scheme—combined.

Fortune · Jul 10

Green Card holders won't get SBA loans in US from March 1: What this new rule means for Indians

The Small Business Administration (SBA) announced that from March 1, they will not give loans to those businesses that are not owned by US citizens. Businesses owned by legal permanent residents, Green Card holders, will not get this loan. The new policy note said 100% of all direct and indirect…

The Times of India · Feb 3

FACT FOCUS: A look at false and misleading claims made during Trump's first cabinet meeting of 2026

President Donald Trump has held his first cabinet meeting of 2026, focusing on the economy, housing, energy, health initiatives and drug prices

The Independent UK · Jan 29

Judge Moves to Reverse Federal Layoffs — Will Trump Fight Back?

A federal judge orders agencies to reverse hundreds of Trump-era layoffs, but a looming January deadline and possible appeal leave workers on edge.

International Business Times UK · Dec 18, 2025

Far-right flag used by Jan 6 rioters flown above another government agency in DC

It marks the second time the controversial flag has been flown at a government agency in D.C.

The Independent UK · Dec 16, 2025

Amid Mastercard-Visa Censorship Fiasco, Trump Hits Back at Financial Giants Over 'Unlawful Banking'

President Trump's Executive Order on Guaranteeing Fair Banking for All Americans seeks to stop banks from denying services based on political, religious, or lawful business activities.

International Business Times UK · Aug 11, 2025

Far-right flag used by Jan 6 rioters flown above government agency in DC

A picture of the ‘Appeal to Heaven’ flag, flying just below the U.S. flag was shared by Kelly Loeffler, the former senator from Georgia and current administrator of the Small Business Administration

The Independent UK · Jun 18, 2025

Trump’s mass federal cuts disrupt LA wildfire recovery: ‘It’s coming tumbling down’

Doge has cut staff at Fema, EPA and the army corps, who are crucial for helping survivors get back on their feet

The Guardian - US · May 26, 2025