WASHINGTON, D.C. — A memorandum of understanding aimed at enhancing collaboration between the U.S. Department of Labor (DOL) and the Small Business Administration (SBA) was signed on Wednesday by the leaders of both agencies. DOL Secretary Lori Chavez-Deremer mentioned that this initiative marks “the arrival of a new golden age of American manufacturing.”
According to the agreement, both organizations will focus on thorough data sharing and will work to support the Trump administration’s “US-made America” initiative. They plan to create cross-access and training programs related to their objectives, also providing extensive resources for internal use.
“This collaboration will enhance cooperation between agencies and optimize resource allocation to domestic manufacturers,” the statement points out.
Chavez-Deremer and SBA Administrator Kelly Loeffler signed the agreement at the DOL headquarters, amidst applause from federal employees.
“The president is reviving manufacturing, an area that’s faced neglect for a long time,” the secretary stated. “Our workforce has been hampered by deficits and unfavorable economic policies. We are now steering the economy, cutting down on government waste, lowering taxes, and easing excessive regulations to foster America’s golden age.”
“This initiative will help bolster support for domestic manufacturers, while also aiming to recruit veterans and military spouses as well as expand apprenticeship networks of sponsors, grantees, and participants.” The partnership with the SBA is seen as a significant step toward achieving the administration’s goal of cultivating a million active apprenticeships.
In a statement from her office, Chavez-Deremer expressed her excitement about collaborating with Loeffler, signaling the start of a new era for American manufacturing.
Loeffler, a former U.S. Senator from Georgia, mentioned that the DOL and SBA partnership is part of a broader effort under President Trump to restore American jobs and industries after years of decline on the global stage.
She also emphasized that the SBA is “regaining work, economic independence, and national security,” expressing gratitude to Trump for “restoring control over American industry.”
“I’ve learned that most U.S. manufacturers are small and medium-sized businesses, and I walk directly through factory floors with business leaders. We are eager to collaborate with Secretary Chavez-Deremer to cultivate a skilled workforce and support America’s growth in this strong new era.”
Both leaders highlighted Trump’s “big, beautiful bill” as a notable success for their respective agencies.
In a recent interview, Loeffler remarked that the president’s policies are “restoring our economic independence and momentum.”
