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The Latest Breaking News from The Small Business Administration

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

IN FULL

The Independent UK

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

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

From analysis to the latest developments in health,
read the most diverse news in one place.

Big change for California small businesses: No more SBA loans for non-citizens

California could see big changes following a decision by the Small Business Administration that green-card holders no longer qualify for loans

The Independent UK

It’s time to take politics out of the Small Business Administration

The White House’s politicization of the agency will have a real-world impact on small business owners in the US

The Guardian - US

Pakistani-American businessman says denying Green Card holders govt loan bad policy: 'As a former SBA leader...'

Pakistani-American businessman Dilawar Syed, who previously served in the Small Business Administration, reacted to the new rule that bars Green Card holders from availing small business loans, and said it is nothing but bad policy. "As a former SBA leader, I’ve seen immigrant entrepreneurs power job creation. Blocking millions of…

The Times of India

SBA says legal permanent residents will be ineligible for its loan program, effective March 1.

The Small Business Administration said in a policy note that green card holders won’t be allowed to apply for SBA loans, effective March 1

The Independent UK

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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

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

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

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

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

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

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

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The Guardian - US

Experts say White House’s rehoming of student loan program will put borrowers at risk

Trump announced loan program will be moved from Department of Education to Small Business Administration

International Business Times

Student Loans And Special Needs Programs To Be Shifted To New Departments, Says Trump

The Federal Student Aid Office has more than 1,000 employees, but it is uncertain if they would be transferred to the SBA.

The Independent UK

Small Business Administration to reorganize, cut about 2,700 jobs

The Small Business Administration said it will cut its workforce by 43%, or about 2,700 jobs, as part of a reorganization

The Independent UK

Small Business Administration to relocate 6 offices in so-called 'sanctuary cities'

The Small Business Administration said it will relocate six of its regional offices in so-called “sanctuary cities,” part of a broader Trump administration effort to crack down on cities that it deems have immigrant-friendly policies

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Top News

Kelly Loeffler Confirmed To Lead Small Business Administration

Kelly Loeffler, a former senator and Trump supporter, confirmed to lead the Small Business Administration, overseeing services like Economic Injury Disaste...

Top News

Former Sen. Kelly Loeffler Confirmed To Head Small Business Administration

Former Sen. Kelly Loeffler confirmed as head of Small Business Administration, set to support small businesses and drive economic growth.

Top News

Federal Agencies Begin Firings Of Probationary Employees

Trump administration initiates firings of probationary employees at federal agencies to reduce workforce and streamline operations.

Top News

Mass Firings Underway At Federal Agencies Under Trump Administration

The Trump administration initiates mass firings of probationary employees at federal agencies to reduce workforce, impacting Department of Education and Sm...

The Guardian - US

US inspectors general fired by Trump sue to win jobs back

Eight officials from variety of government agencies file lawsuit seeking redress for ‘unlawful and unjustified’ dismissals

Latin Times

Trump Admin Apologized for Accidentally Firing Group of Federal Workers. Then Fired Them Again the Next Day

A group of employees at the Small Business Administration were fired, re-hired and then fired over a two-day period, marking the Trump administration's latest mishap in culling the federal workforce.

Fortune

Trump's small business department fired staff and said it was an accident—then emailed the next day re-firing them

Probationary staffers reportedly received a series of emails relating to terminations amid widespread headcount cuts in department agencies.

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