The U.S. Senate Committee on Small Business and Entrepreneurship convened on September 10, 2025, to discuss the nomination of William Kirk as the Inspector General of the Small Business Administration (SBA). This meeting highlighted critical issues surrounding fraud, privacy, and the effective management of SBA programs, which are vital for supporting small businesses across the nation.
During the session, committee members expressed concerns about the SBA's recent challenges with fraud and abuse, particularly in connection with the 8(a) program and disaster aid distribution. Kirk, who has over three decades of administrative management experience, emphasized his readiness to lead the inspector general's office. He outlined his commitment to ensuring that taxpayer money is spent appropriately and that fraudsters are held accountable.
Kirk specifically addressed the need for rigorous oversight of the SBA's flagship programs, including the 7(a) and 8(a) programs, to ensure they remain accessible and effective for small businesses. He acknowledged the significant losses incurred due to fraud, particularly in the context of the Paycheck Protection Program (PPP) and other aid initiatives.
The meeting also touched on a recent report by Wired magazine, which raised alarms about unvetted operatives gaining access to sensitive SBA information. Senators questioned Kirk about the implications of this breach and the importance of safeguarding the private information of small business owners. Kirk affirmed that protecting this data is a top priority and that any allegations of privacy violations would be thoroughly investigated by his office.
As the committee prepares to advance Kirk's nomination, they have left the record open for additional questions and materials for two weeks. This process underscores the importance of accountability and transparency within the SBA, as the agency plays a crucial role in supporting the backbone of the American economy—small businesses. The outcome of Kirk's nomination could significantly impact how the SBA addresses fraud and protects the interests of small business owners moving forward.