24 House Democrats blast SBA over plans to relocate 6 regional offices

[BumRushDaShow]

Source: Yahoo News!/The Hill

Fri, March 21, 2025 at 8:01 PM EDT


A group of 24 House Democrats blasted the Small Business Administration (SBA) and is asking the agency for more answers over plans to relocate six of its regional offices out of “sanctuary cities,” contending the transfer would hamper millions of small businesses.

The Democrats in the lower chamber said SBA’s Administrator Kelly Loeffler’s plan to move the field officers from six cities — Atlanta, Boston, Chicago, Denver, New York City and Seattle — “is a blatant weaponization of the SBA for political gain.”

“To be clear, we firmly believe that our cities should be safe, all acts of violence should be taken seriously, and violent crimes should not be tolerated. But the targeting of these cities is clearly punitive, unjust and counterproductive,” the 24 House lawmakers said in a Friday letter to Loeffler that was shared with The Hill. “Moreover, your decision will unduly harm millions of small businesses across the country who have been suffering through the chaotic, confusing, and unpredictable economic policies of the Trump administration,” the legislators wrote.

Loeffler announced the agency’s intention to move the offices earlier this month, stating that the six cities are not complying with immigration law and are detrimental to small businesses. The SBA administrator did not share in the March 6 announcement where the new offices will be, but said they will be “moved to less costly, more accessible locations that better serve the small business community and comply with federal immigration law.”

Read more: https://www.yahoo.com/news/24-house-democrats-blast-sba-000154126.html

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Link to House Small Business Committee Democrats' PRESS RELEASE - Velázquez Leads Democrats in Demand for Answers on SBA’s Sudden Regional Office Relocations

Link to House Small Business Committee Democrats' LETTER (PDF) is here

[sinkingfeeling]

1. Where could the SBA be more accessible than in the largest cities, where businesses are?

I know a small town in Illinois that could replace Chicago. It has a gas station and a diner.

[bronxiteforever]

2. Small Business Administrator Loffler

In 2004, Loeffler married Jeffrey Sprecher, the founder and CEO of Intercontinental Exchange and chairman of the New York Stock Exchange. They live in Tuxedo Park, Atlanta, in a $10.5 million, 15,000-square-foot estate, bought in 2013 in what was then the most expensive residential real estate transaction ever recorded in Atlanta. Wiki

She is worth probably a billion because she was worth 800 mil in 2020 and the Biden economy was most likely very good for her.

Nothing says small business like a life in an estate.

[BumRushDaShow]

3. I was just glad that Raphael Warnock sent her packing in the 2020 Senate race