First on FOX: Newly confirmed small business manager (SBA) manager Kelly Loeffler aims to work with President Trump to create a “golden age of prosperity and growth,” and is now the agency's most recent institutional stadium over the next four years. It reveals priorities.
Loeffler, who was confirmed in the Senate last week with a margin of 52-46, issued a “day 1” memo on Monday. “The company to thrive and become “America's first engine for free enterprise.”
The top priority of the list is to promote a “made in America” agenda to boost US manufacturing.
“The majority of American manufacturers are small and medium-sized businesses, and the SBA program runs tens of thousands of people,” the memo said. “The agency is committed to supporting America's first agenda by rebuilding its supply chain and investing in manufacturing to strengthen its economy and national security.”
President Trump wants to bring manufacturing back to us through tariffs
New SME Manager Kelly Loeffler has released a memo outlining her top goals over the next four years. (Getty)
“The agency converts the International Trade Bureau into the “Manufacturing and Trade Bureau.” It will focus on promoting economic independence, job creation and fair trade practices, and will drive the next blue-collar boom. To expand innovative manufacturing and technology startups that will help our country return to “Made in America.” ”
Since being sworn in as second president, Trump has been speaking out about eliminating diversity, equity and inclusion (DEI) from the federal government, but has stoked Tesla CEO Elon Musk to waste his spending We are leading efforts to reduce the number of people. Government Efficiency Bureau (DOGE).
Loeffler's memo says the SBA intends to become an ally in both of these efforts, and has put Trump's executive orders, including “protecting women from gender ideological extremism and restoring biological truths to the federal government.” He says it will be forced. Programs and preferences, “unleashing American energy.”
Biden gave Americans business. Trump is giving us businessmen
Then Republican Sen. Kelly Loeffler will speak at a campaign event at Valdosta Regional Airport in Valdosta, Georgia on December 5, 2020. (Reuters/Dustin Chambers)
The memo says that SBA prioritizes “continuing to work closely” at DOGE and “eliminating fraud and waste within the agency, in the most productive way possible for US taxpayer dollars. , ensuring small businesses benefit economic growth and resilience.”
Agents work to eliminate wasted spending and fraud with a “zero tolerance policy” that includes fraud investigations across all programs, and to appoint “fraud” to appoint “fraud.” – Works across agencies to prevent fraud. ”
The SBA also conducts agency-wide financial audits.
“Because of the rise in fraud, loans, defaults and charges worsened by previous administration's underwriting, servicing and collection efforts on lax loans will be liable, defaulted and charged,” the memo said. Masu. “As a result, the SBA has not been able to fully complete its financial audit for several years in a row. Therefore, agents will require independent audits of their finances to address mismanagement, restore the reliability of their financial statements, and to public and private sectors such as the 7(a) Loan Program and SME Investment Company (SBIC) Program. Maintains the solvency of the program. , is designed to promote economic growth without taxpayer subsidies. ”
Last month, Trump told federal employees working from home that he would need to return to the office or face termination. This is an emotion that Loffler reflected. Five days a week.
According to the memo, Trump's immigration agenda will also be promoted by the SBA. The memo prohibits “restricting access to SBA assistance for hostile foreigners” and also banning SBA assistance.
The memo outlines various ways to tackle the “power of small businesses” including strike forces to reduce regulations, improving customer service and cybersecurity, promoting fair competition, and relocating offices outside of sanctuary cities. It explains.
Fox News Digital previously reported that the SBA has faced criticism in recent years during the Biden administration from the Republican-led Small Business Commission. Swing State voters. Republicans argued that these efforts were unconstitutional, and Loffler's memo vowed that the registration effort in question would end.
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Former Senator Kelly Loeffler, a Republican from Georgia, will speak during Eric Erickson's The Gathering Event in Atlanta on Friday, August 18, 2023. (Alyssa Pointer/Bloomberg via Getty Images)
“The SBA will end all taxpayer-funded voter registration activities, the affairs of the Michigan Secretary who forced the SBA district office to register partisan voters on behalf of previous administrations. We will start with withdrawing the agency's 2024 MOU,” MEMO said. “Instead, agents will focus on their founding mission to empower job creators, provide disaster relief and promote economic growth.”
Loeffler, who served as a senator in Georgia from 2020 to 2021, appeared before the Senate Small Business and Entrepreneurship Committee on January 28th, outlined her vision and said that Trump's policies were “small business.” It will restore the economy and lead to it.” A golden age of prosperity and growth. ”
“Small businesses are the backbone of our country, driving innovation, job creation and prosperity. And there are no small businesses advocates as many as President Trump or myself. But for the past four years, the SBA has been He has been burdening bureaucracy on entrepreneurs. Loeffler told Fox News Digital in a statement.
“It changes today. My top priority is to rebuild the SBA into an American First Engine for free enterprises.
