The move comes after the agency similarly suspended federal funding to Minnesota due to widespread fraud. The Small Business Administration (SBA) announced that federal funding would be frozen…
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EPA and SBA Administrators Meet with LA Officials to Expedite Wildfire Recovery
The rebuilding process has been hampered by permitting and other obstacles. Environmental Protection Agency (EPA) Administrator Lee Zeldin and Small Business Administration (SBA) Administrator Kelly Loeffler met with…
Read MoreFBI Warns of Rising Akira Ransomware Threat
The agency called Akira a “top five” out of 130 ransomware variants targeting U.S. businesses. The Federal Bureau of Investigation (FBI), the Cybersecurity and Infrastructure Security Agency (CISA),…
Read MoreTreasury Department Launches Audit of Federal Contracting Practices
The review focuses on the potential misuse of small-business contracting programs. The Department of the Treasury recently announced a comprehensive audit of preference-based federal contracts totaling about $9…
Read MoreSBA Investigates Contracting Abuses in Federal Small Business Program
The SBA probe follows allegations of fraudulent subcontracting and misuse of the 8(a) program. The Small Business Administration (SBA) opened an investigation last month into two companies following…
Read MoreSupreme Court Will Hear Case Challenging President’s Tariffs
The high court will assess whether the 1977 law grants the executive branch emergency tariff powers. The Supreme Court agreed to take on a case challenging the imposition…
Read MoreSBA Orders Lenders to End Debanking Practices
The administration sent letters to ensure institutions cease politicized denials of service. The Small Business Administration (SBA) sent letters to over 5,000 lenders last week directing them to…
Read More21 Countries Suspend Delivery Service of “De Minimis“ Packages to United States
The President’s executive order implements the end of the exemption that CBP stated put American businesses at a disadvantage. Postal carriers from around the globe have suspended package…
Read MoreFormer USAID Official Pleads Guilty to Bribery Conspiracy
The Justice Department announced that three contractors and two companies also pled guilty in the conspiracy. The Department of Justice (DOJ) announced that a former U.S. Agency for…
Read MoreSmall Business Administration to Relocate Los Angeles Office
Administrator Loeffler urged the California governor to request disaster aid for small businesses impacted by looting and rioting. The Small Business Administration (SBA) recently announced it would relocate…
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