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House Small Business hearing spotlights rising retail and cargo theft harming Main Street
Summary
Witnesses and members told stories and cited data showing rising organized retail theft, repeat offenders, and cargo theft are imposing security costs and closures on small businesses; the U.S. Chamber urged coordination, aggregation, and prosecution and backed federal CORCA legislation.
Chair opened the hearing "Main Street Under Attack: The Cost of Crime on Small Business" by saying small businesses face an uptick in violent incidents, organized retail theft and cyberattacks, and introduced witnesses to testify on those impacts.
Tom Wickham, vice president and managing director of government affairs at the U.S. Chamber of Commerce, told the committee that retail theft and cargo crime are increasing nationwide and urged a three-part approach—improved coordination, aggregation of offenses and stronger prosecution—to protect businesses. Wickham cited a…
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