PROTECTING SMALL BUSINESS, PROMOTING ENTREPRENEURSHIP

Capital and Credit Watch

June 15th, 2017 by

by Raymond J. Keating- Small businesses always face a tough time in gaining access to credit. But it’s been particularly difficult over the past near-decade, given the recession, the poor economic recovery, and excessive and costly regulation on financial institutions. That has been made clear in various SBE Council analyses – such as here, here […]

June 12th, 2017 by

NAFTA NEGOTIATIONS  Comments on Negotiations with Canada and Mexico Regarding Modernization of the North American Free Trade Agreement (NAFTA) Submitted to the Office of the United States Trade Representative Raymond J. Keating Chief Economist Small Business & Entrepreneurship Council   On behalf of the Small Business & Entrepreneurship Council (SBE Council), I am writing on […]

June 6th, 2017 by

by Raymond J. Keating- If Members of Congress are serious about supporting small business, then they need to vote in favor of the Financial CHOICE Act of 2017 (H.R. 10). The legislation will be voted on this week by the U.S. House of Representatives. Regulatory Modernization and Sanity The CHOICE Act would bring regulatory relief […]

May 9th, 2017 by

by Raymond J. Keating- The Federal Reserve released its latest Senior Loan Officer Opinion Survey on Bank Lending Practices on May 8, which looks at “changes in the standards and terms on, and demand for, bank loans to businesses and households over the past three months.” A few key points regarding small business: Easing Terms […]

April 12th, 2017 by

  Second in a Two-Part Series by Raymond J. Keating- The emphasis on the regulatory front has switched dramatically in a short period of time. During the Obama administration, the default was to increase regulation – in fact, it was eight years of hyper-regulation. Part of that hyper-regulation was passage of the Dodd-Frank financial regulatory […]

April 12th, 2017 by

by Raymond J. Keating- According to the Federal Reserve’s consumer credit report for February, released on April 7, consumer credit (which excludes real estate loans) experienced solid growth. Revolving credit (mainly, credit card debt), after a decline of 3.2 percent in January, grew by 3.5 percent (seasonally adjusted annual rate) in February. It’s also worth […]

March 31st, 2017 by

(and why we need to clean up the mess) First in a Two-Part Series by Raymond J. Keating- It’s not unusual for politicians to react to a real or perceived crisis by haphazardly doing “something.” We saw this during the debate over ObamaCare. That is, our health care system was declared a mess (despite it […]

March 23rd, 2017 by

by Raymond J. Keating- On March 22, I had the opportunity to testify before the Subcommittee on Capital Markets, Securities, and Investment of the Committee on Financial Services in the U.S. House of Representatives. The subject of the hearing was “The JOBS Act at Five: Examining Its Impact and Ensuring the Competitiveness of the U.S. […]

March 15th, 2017 by

BY ELECTRONIC FILING Ms. Marlene H. Dortch Secretary Federal Communications Commission 445 12th St, S.W. Washington, D.C. 20554 Re: WC Docket No. 16-106: Protecting the Privacy of Consumers of Broadband and Other Telecommunications Services   Dear Ms. Dortch, On behalf of the Small Business & Entrepreneurship Council (SBE Council), I am writing in support of […]

February 3rd, 2017 by

by Raymond J. Keating- Based on the Federal Open Market Committee’s statement released on February 1, 2017, it looks like the Fed is just doing more of the same on the monetary policy front. But is some kind of shift under way that’s might be going unnoticed? After raising the federal funds rate from the […]

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