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SBA proposes deep cuts, including elimination of 2,700 positions and funding for several small‑business counseling programs
Summary
At a House Small Business Committee hearing, Administrator Kelly Loeffler defended a Trump administration budget proposal that trims SBA headcount and would eliminate funding for multiple entrepreneurial development programs; Democrats and some Republican members pressed for details and documents.
Chairman Williams and ranking member Velasquez exchanged pointed opening remarks as the House Committee on Small Business held a hearing on the Small Business Administration’s fiscal 2026 budget and organizational changes. Administrator Kelly Loeffler told the panel the administration’s proposal returns the agency to a “mission” focus and is meant to “streamline services, eliminate waste, and ensure every taxpayer dollar delivers measurable results for America’s small businesses.”
The central policy item under scrutiny was a reduction in SBA staff and a proposal to remove funding for several entrepreneurial development programs. Ranking Member Velasquez said in her opening statement that the administrator had proposed eliminating 2,700 employees, “representing a 43% cut to agency staff,” and warned that the reductions could erase institutional knowledge and customer service…
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