Tagged: sbe council

US Department of Labor Issues New Rules to Enable Alternative Assets in 401Ks

The US Department of Labor has proposed new rules to enable savers to include alternative assets in 401K plans. In the US, 401(k)s are the main retirement vehicles for savers. While some pensions remain, the majority of professional use either a 401K, typically sponsored by… Read More

President Trump Introduces National Artificial Intelligence (AI) Framework Aiming for Federal Oversight

Today, President Donald Trump introduced a “National AI Legislation Framework” as it aims to gain federal oversight of the development of artificial intelligence. Multiple states have already enacted rules to guide AI use and development, with some fearing a patchwork approach in which 50 states… Read More

White House Ratepayer Protection Pledge Calls on AI Hyperscalers, Others to Protect Consumers from Energy Price Hikes

Yesterday, the White House issued a statement on the growing demand for energy driven by the artificial intelligence industry. The Ratepayer Protection Pledge calls on hyperscalers and other AI firms to ensure the demand for energy does not harm consumers, asking for a commitment to… Read More

US Department of Labor to Rescind Biden Rule that Harmed Independent Contractor

The US Department of Labor (DOL)has proposed a new rule that will formally rescind the harmful Biden Administration Independent Contractor rule. The 2024 DOL independent contractor rule, enacted under the Biden Administration, that went into effect in March 2024, altered guidelines for classifying workers, often… Read More

SBE Council Outlines the Benefits The INVEST Act

The INVEST Act was recently approved by the US House of Representatives and is now in the Senate, where it will be considered to become law. The bill incorporates multiple policy changes that help smaller businesses, as well as improve opportunities for smaller investors. The… Read More

Small Business & Entrepreneurship Council Slams Senator Bernie Sanders Goal of Halting AI Data Centers

The  Small Business & Entrepreneurship Council  (SBE Council) has issued a statement on Senator Bernie Sanders’ attempt to establish a moratorium on the development of Artificial Intelligence (AI) data centers. Sanders went to X to share his belief that “democracy needs to catch up” to… Read More

Small Business & Entrepreneurship Council Comments on Deal to Open Federal Government

The Small Business & Entrepreneurship Council (SBE Council) has issued a statement on the deal with certain Senate Democrats (and one Independent) to open up the federal government. Yesterday, a deal was cut with 7 Democrats and 1 Independent to approve a continuing resolution (CR)… Read More

Capital Ideas: Karen Kerrigan on Trump’s Executive Order on 401(k) Alternative Assets: A Game-Changer for Small Businesses and Innovation

On August 7, President Donald Trump signed an executive order that could fundamentally reshape how retirement savings intersect with entrepreneurship and economic growth. The order aims to democratize access to alternative assets within 401(k) plans, opening the door for everyday Americans to invest retirement dollars… Read More

SBE Council Welcomes House Committee Review of European Laws Harming US Firms

The Small Business and Entrepreneurship Council (SBE Council) has issued a statement regarding the House Judiciary Committee hearing addressing European laws that harm US firms. The EU  and UK have enacted multiple laws that solely impact US firms – typically, US big tech. While crafted… Read More

White House Releases AI Action Plan: “The AI race is America’s to win”

Today, the White House unveiled its AI Action Plan, the Administration’s policy to guide the development of artificial intelligence. The Winning the Race: America’s AI Action Plan, encompasses a 28-page document that aims to pursue a policy of workers gaining from this technology, creating high-paying jobs,… Read More

Small Business Survey: 71% Supported Making 2017 Tax Cuts Permanent

The One Big Beautiful Bill, signed into law on July 4th, made the Trump tax cuts from 2017 permanent. While opposition leaders have made claims that these tax cuts benefited the wealthy, they really supported the middle segment of society and, most importantly, smaller firms…. Read More

The One Big Beautiful Bill Passes Senate in Tight Vote

The One Big Beautiful Bill (HR 1) , the Trump Administration’s tax and spend legislation, has squeaked by the Senate in a vote of 51 to 50. Three Republicans voted no, compelling Vice President JD Vance to cast the tie-breaking vote. All Democrats voted against… Read More

Small Business and Entrepreneurship Council Voices Support for Big Beautiful Bill. Advocates on Behalf of Access to Capital

The “Big, Beautiful Bill,” working its way through Congress, is a tax-and-spend legislation that has supporters and detractors on all sides. Regarding the tax portion, the legislation aims to ensure the previous Trump tax law remains in place, as much of it is scheduled to… Read More

Coalition for Crowdfunding American Jobs and Prosperity Hammers Big Beautiful Bill as Missing the Mark

The Coalition for Crowdfunding American Jobs and Prosperity (CCAJP) has issued a statement slamming the “Big Beautiful Bill,” the tax and budget legislation that was recently approved by the House of Representatives. The CCAJP members include the Crowdfunding Professionals Association (CfPA) as well as industry… Read More

Small Business and Entrepreneurship Council Anticipates Pro-Growth Tax Legislation

While there has been chatter that some Republicans may look for tax increases, the Small Business and Entrepreneurship Council (SBE Council) expects a pro-growth tax bill to be signed into law. Earlier this month, the SBE Council joined dozens of other pro-business groups telling Congress… Read More

SBE Council Says Corporate Transparency Act Suspension Big Win for Small Firms, as Treasury Says it Will Not Be Enforced

The Small Business and Entrepreneurship Council (SBE Council) says the suspension of the Corporate Transparency Act (CTA) Beneficial Ownership Information (BOI) mandate is a massive win for smaller firms. The CTA was aggressively pursued during the Biden Adminstration, placing an unrealistic burden on smaller firms. Yesterday, Secretary of… Read More

Small Business and Entrepreneurship Council (SBE Council) Worries About Trump Administration Continuing Biden’s Merger Guidelines at FTC

The Small Business and Entrepreneurship Council (SBE Council) is concerned about the Trump Administration’s policy of keeping its predecessor merger guidelines. In a public statement, the SBE Council said that “arbitrary and muddy guidelines”  pursued by the Federal Trade Commission (FTC) harm opportunities for early-stage firms… Read More

Small Business & Entrepreneurship Council Says Next Four Years Could be Golden Age for Entrepreneurs

The Small Business & Entrepreneurship Council (SBE Council) says the next four years could be a “Golden Age” for entrepreneurs. While the Biden Administration was not exactly anti-entrepreneur, their policies fell far short of what could have been accomplished, and some policies were actively anti-innovation… Read More

Small Business & Entrepreneurship Council Comments on Election Outcome: Bad Policy During Biden-Harris Administration Took a Toll on Entrepreneurs

The Small Business & Entrepreneurship Council (SBE Council) has issued a statement following the election of Donald Trump as the nation’s 47th President. SBE Council is a non-partisan advocacy group that seeks to promote policies that support smaller firms and entrepreneurs. The group frequently comments… Read More

SBE Council Small Business Checkup Survey: Concerns About the Tax Cuts and Jobs Act Looming Expiration

The Small Business and Entrepreneurship Council (SBE Council) recently shared an update on smaller firms and their concerns regarding policies that impact these businesses. The SBE Council reports that smaller firms are worried about the looming expiration of the Tax Cuts and Jobs Act (TCJA)… Read More

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