WASHINGTON, D.C. – Today, Chairman Roger Williams (R-TX) led a full Committee on Small Business hearing titled “Oversight of the Small Business Administration.” Chairman Williams issued the following statement after concluding today’s hearing.

“As small businesses continue to weather high inflation, rising interest rates, broken supply chains, and prolonged labor shortage, the committee today directed Administrator Guzman and the Small Business Administration to get back to basics and focus their attention on ways to help Main Street America,” said Chairman Williams. “The agency’s handling of COVID-19 pandemic loan programs and failure to adhere to the advice given by the Office of Inspector General to prevent the rampant fraud that occurred exposed the agency’s shortcomings and inability to be a competent steward of taxpayer money. Our country’s small businesses and taxpayers deserve better, and the Committee is determined to get the Small Business Administration back on track.”

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