Press Releases

NEWS FOR IMMEDIATE RELEASE Washington, D.C. – In response to the Biden Administration’s release of drugs targeted for government price controls via the Inflation Reduction Act and Medicare “negotiation,” the Small Business & Entrepreneurship Council (SBE Council) issued the following statement: “In economics circles, no real disagreement exists on the impact of price controls on […]

by Raymond J. Keating – The latest U.S. trade data are deeply troubling. The first estimate of GDP (i.e., gross domestic product) for the second quarter saw real exports plunge by 10.8 percent (annualized, seasonally adjusted). For good measure, real imports declined by 7.8 percent. The trade report from the U.S. Bureau of Economic Analysis, […]

NEWS For Immediate Release Washington, D.C. – The Federal Trade Commission (FTC) and Department of Justice (DOJ) released newly proposed merger guidelines today, which the Small Business & Entrepreneurship Council (SBE Council) said would toss out a highly successful system that has fueled U.S. innovation, investment and our world-renowned startup ecosystem with a bewildering and […]

(UPDATE: The Small Business Committee advanced the Regulatory Reduction Act on July 18, by a vote of 14-12.) The Honorable Roger Williams Chairman Committee on Small Business U.S. House of Representatives Washington, D.C.  20515   The Honorable Nydia Velazquez Ranking Member Committee on Small Business U.S. House of Representatives Washington, D.C.  20515   Dear Chairman […]

(UPDATE: The Small Business Committee advanced the POST IT Act on July 18, by a vote of 26-0.)   The Honorable Roger Williams Chairman Committee on Small Business U.S. House of Representatives Washington, D.C.  20515   The Honorable Nydia Velazquez Ranking Member Committee on Small Business U.S. House of Representatives Washington, D.C.  20515   Dear […]

ACTION ALERT: Massie Amendment #313 to FAA Reauthorization Amendment #313 to FAA reauthorization nearly doubles the airline Passenger Facility Charge (PFC) tax to $8.50 per enplanement (from $4.50). The tax hike is not warranted and makes it more difficult for many small businesses to operate and compete in a challenging environment. It imposes an additional strain […]

NEWS FOR IMMEDIATE RELEASE Washington, D.C. – Today, the U.S. House Judiciary Committee will conduct an oversight hearing of the Federal Trade Commission (FTC) under the leadership of Chairperson Lina Khan, who is expected to appear before the committee. Over the course of her tenure, the Small Business & Entrepreneurship Council (SBE Council) has expressed […]

by Raymond J. Keating – The latest Beige Book report from the Federal Reserve served up another mixed take on the U.S. economy. When the economy is generally underperforming and uncertainty swirls, it’s typical to get mixed and/or conflicting reports on assorted industries and regions. In terms of the economic growth, the Beige Book offered […]

NEWS For Immediate Release Washington, D.C. – On July 11, a Federal District Court in San Francisco ruled against the Federal Trade Commission (FTC)’s efforts to block Microsoft’s acquisition of Activision-Blizzard, rejecting the regulatory agency’s request to issue an injunction against the deal’s closing, which could occur over the coming days. In her opinion, Judge […]

Government Must Strike a Balance Between AI Regulation and Fostering Innovation to Strengthen U.S. Leadership FOR IMMEDIATE RELEASE Washington, D.C. – During its nearly 30-year history, the Small Business & Entrepreneurship Council (SBE Council) has logged frontline experience observing how technological advancements have affected the small business ecosystem, including the spate of short-lived anxiety that […]