May 22, 2025 - 06:04
Washington, D.C. — In a recent Senate Appropriations Subcommittee hearing, U.S. Senator Patty Murray (D-WA) took the opportunity to question Small Business Administration (SBA) Administrator Kelly Loeffler regarding the significant challenges faced by small businesses due to the ongoing trade war and the cancellation of vital grants.
During the hearing, Senator Murray highlighted the immense financial strain that President Trump’s trade policies have placed on small enterprises across the nation. She expressed concern over how these policies have disrupted supply chains, increased costs, and ultimately hindered the growth of small businesses.
Murray also pressed Loeffler on the implications of canceled grants, emphasizing the importance of federal support for small businesses, especially in challenging economic times. The senator underscored that small businesses are the backbone of the economy and require robust support to thrive.
This exchange underscores the critical need for a renewed focus on small business assistance and the potential repercussions of current trade policies.
