Tagged: sbe council

Expanding Access to Capital Act (HR 2799) Goes to a House Floor Vote This Week

The Expanding Access to Capital Act (HR 2799) will go to a floor vote this week. If approved, the legislation will then make its way to the Senate for potential approval. The bill is sponsored by Congressman Patrick McHenry, Chairman of the House Financial Services… Read More

Small Business and Enterpreneurship Council Warns that New Independent Contractor Rule will Destroy Jobs, Undermine Entrepreneurs

The Small Business and Entrepreneurship Council (SBE Council) is warning that there are profound policy threats that would deeply harm US entrepreneurship. Perhaps most pressing is the new rules under the Biden Administration that would conflagrate Independent Contractor status. These new rules go into effect… Read More

SBE Council: New Independent Contractor Rule Puts Entrepreneurs at Risk, Creates Unneeded Uncertainty for Small Businesses

The Small Business & Entrepreneurship Council (SBE Council) has issued a statement on new rules promulgated by the US Department of Labor (DOL) that may impact startups and entrepreneurs. The DOL has issued its final Independent Contractor rule today, claiming that it “helps employers and… Read More

Staunch Supporter of Crowdfunding, Fintech, Congressman Patrick McHenry Announces He Will Not Seek Re-Election

Congressman Patrick McHenry, a Republican from North Carolina and current Chairman of the House Financial Services Committee, has announced his intent not to seek re-election to the seat in Congress he has held for 20 years. In a statement posted on the Congressman’s website, he… Read More

Small Business and Entrepreneurship Council Slams FTCs Move to Break up Amazon: “small business sellers, and their customers, would be harmed”

The Small Business and Entrepreneurship Council (SBE Council) has issued a statement hammering the Federal Trade Commission (FTC) and its legal assault on Amazon. Earlier today, the FTC sued Amazon for “illegally maintaining monopoly power.” The FTC claims that  Amazon has pursued a “pattern of… Read More

SBE Council Welcomes Defeat of FTCs Attempt to Block Microsoft’s Acquisition of Activision

The Small Business and Entrepreneurship Council (SBE Council) has issued a statement on the court’s decision to rule against the Federal Trade Commission’s (FTC) attempt to block the merger of Microsoft’s acquisition of Activision-Blizzard. In brief, the Judge, Jacqueline Scott Corley, found that the FTC… Read More

Small Business & Entrepreneurship Council Says Biden Administration Fails to Support Small Businesses, Entrepreneurs

The Small Business & Entrepreneurship Council (SBE Council) says the Biden Administration is falling short in its support of small businesses and entrepreneurs.  The group says Biden’s policies receive a failing grade from business owners. Meanwhile, a “self-generated report” by the Administration that gives itself… Read More

SBE Council Announces Metaverse Business Alliance

The Small Business & Entrepreneurship Council (SBE Council) has announced the launch of an initiative with other organizations that will focus on sharing information about the convergence of Web3 technologies. The Metaverse Business Alliance is described as a partnership focusing on the growing use of… Read More

Small Business and Entrepreneurship Council Slams UK Competition and Markets Authority: “A chilling effect on America’s startup ecosystem”

The Small Business and Entrepreneurship Council (SBE Council) has issued a statement hammering the UK Competition and Markets Authority (CMA) for its activity that will have “a chilling effect on America’s startup ecosystem.” This past week, the CMA claimed that the acquisition by Facebook (Meta)… Read More

Association of Online Investment Platforms Visits Congress, Discusses Benefits of Jobs Act 4.0, More

Last week, the Association of Online Investment Platforms (AOIP), a young group aiming to advocate on behalf of online capital formation including securities crowdfunding, visited Congressional staff as well as individuals at the Securities and Exchange Commission. The AOIP members discussed possible legislation and regulations… Read More

Inflation Reduction Act: “Bill Does Nothing to Ease Inflation” While Super Sizing the IRS

Criticism from various corners of the political ring continues to lament the passing of the Inflation Reduction Act – legislation that even supporters are describing as a climate bill and not doing much to mitigate inflation. SBE Council President & CEO Karen Kerrigan has issued… Read More

Small Business & Entrepreneurship Council Opposes Inflation Reduction Act Due to Negative Impact on Small Businesses

The Small Business & Entrepreneurship Council (SBE Council) has publicly posted a letter criticizing the Inflation Reduction Act that was approved by the US Senate in a party-line vote. While the name claims to reduce inflation, some analysts have stated there is nothing or very… Read More

US Economy Enters Recession, White House Attempts to Redefine Terminology

The US Economy delivered a second-quarter of GDP decline, an event that has historically determined that an economy is in recession. The US Department of Commerce, Bureau of Economic Analysis (BEA), reported that Q2 2022 GDP declined by -0.9%. This follows a Q1 decline of… Read More

Small Business and Entrepreneurship Council President Karen Kerrigan on State of the Economy: “Washington needs to stop fueling instability and uncertainty”

The Small Business and Entrepreneurship Council (SBE Council) has long championed entrepreneurship in Washington, DC. Founded in 1994, the SBE Council claims over 100,000 members. Its mission is to educate and advocate on behalf of these smaller firms – which typically do not have the… Read More

Raging Inflation: “Bad for all Businesses, Especially Small Ones”

Inflation rang the bell once again, topping expectations and delivering a 9.1% increase in prices in the past 12 months. Consumer prices rocketed higher in June, delivering a 1.3% increase. With the Fed on deck, the discussion now shifts to how much higher the rate… Read More

88% of Small Business Owners Expect a Recession

While some people say a proverbial “soft landing” is possible for the economy a growing number of people are expecting a recession as soon as this year or perhaps in 2023. As a recession is two consecutive quarters of negative growth, and the fact that… Read More

Small Business & Entrepreneurship Council Worries About Inflation, Biden Administration Policies

Inflation continues to rocket higher with no end in sight. Today, the US Bureau of Labor Statistics reported that prices rose by1% in May driving the annual rate of inflation to 8.6% – a 40-year high. All prices are going up but perhaps most acutely… Read More

Small Business and Entrepreneurship Council Says Senator Klobuchar’s Tech Bill Will Hurt Small Business and Entrepreneurs

The Small Business and Entrepreneurship Council (SBE Council) has issued a statement criticizing the legislation that is making its way through the Senate that takes aim at big tech. Led by Senator Amy Klobuchar, the bill entitled the “American Innovation and Choice Online Act” appears… Read More

Biden Administration Plans to Increase Taxes on 2.1 Million Small Businesses

The Small Business and Entrepreneurship Council (SBE Council) is warning that the Biden Administrations’ tax plan would raise taxes on 2.1 million small businesses – in contrast to the Administrations’ claims. Last week, the White House issued a Fact Sheet on the plan claiming the… Read More

Biden Administration Issues Executive Order on Hodgepodge of Items “Promoting Competition” Including Banking. But Will the Policy Move Really Help SMEs?

  As anticipated, the Biden Administration has issued an Executive Order that is said to promote competition in the US economy. The order is extensive and includes a list of 72 areas where Joe Biden seeks to change. Included in the list is net neutrality,… Read More

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