Press Releases

Passing the “Fiscal Responsibility Act” Will Protect U.S. Entrepreneurship, Small Businesses and Local Economies Dear Member of the U.S. Senate: The Small Business & Entrepreneurship Council (SBE Council) strongly supports the “Fiscal Responsibility Act” and we urge all members of the U.S. Senate to vote for its passage. The bipartisan measure responsibly raises the debt […]

NEWS For Immediate Release Washington, D.C. – Following passage of the “Fiscal Responsibility Act” by the U.S. House of Representatives by a final vote of 314-117, Small Business & Entrepreneurship Council (SBE Council) president & CEO Karen Kerrigan issued the following statement: “We are both relieved and pleased that the ‘Fiscal Responsibility Act’ passed with […]

Dear Member of the U.S. House of Representatives: The Small Business & Entrepreneurship Council (SBE Council) strongly supports the “Fiscal Responsibility Act” and urges all members of the U.S. House to vote for its passage. The bipartisan measure responsibly raises the debt ceiling and advances other key priorities that provide stability for the U.S. economy […]

For Immediate Release Washington, D.C. – Small Business & Entrepreneurship Council (SBE Council) president & CEO Karen Kerrigan issued this statement following the agreement between President Biden and Speaker McCarthy on a deal to raise the federal debt ceiling: “SBE Council is pleased to see that President Biden and Speaker McCarthy have come to an […]

In a May 26 Op-ed in The Hill, SBE Council president & CEO Karen Kerrigan expresses concern about possible regulatory responses to the failure of Silicon Valley Bank (SVB). She urges regulators and lawmakers to understand the root causes and reasons behind the bank’s demise, rather than making responsibly managed banks pay for SVB’s mistakes […]

For Immediate Release Washington, DC – John R. Dearie, president of the Center for American Entrepreneurship, and Karen Kerrigan, president and CEO of the Small Business & Entrepreneurship Council, today issued the following statement regarding the announcement of a record $1.3 billion fine imposed on Meta Platforms Ireland Limited (Meta IE) by the Irish Data […]

by Raymond J. Keating – In a recent post, SBE Council focused on challenges in the labor market, including the current tight labor market, trends in the labor force and the population, and projections for coming years. A key remedy to current and future labor force shortfalls must be expanded immigration, that is, reforms that […]

by Raymond J. Keating –  We needed to see a positive report on industrial production for April, and that’s largely what we got from the Federal Reserve. After being flat in both February and March, industrial production – that is, the physical output, free from price changes, of the manufacturing, mining and utility sectors – […]

For Immediate Release Washington, D.C. – Small Business & Entrepreneurship Council (SBE Council) president & CEO Karen Kerrigan issued this statement following the meeting between President Biden and Congressional leaders on the debt ceiling: “SBE Council is encouraged that President Biden, Speaker McCarthy, and congressional leaders are holding discussions on the debt ceiling. The clock […]

by Raymond J. Keating –  Retail and food services sales had declined in both February and March. But that mini-streak of negatives was broken in April, according to the latest report from the U.S. Census Bureau. However, the news regarding April wasn’t as good as the initial look might suggest. Retail and food services sales […]