Rebecca Bennett won the Democratic primary in New Jersey’s 7th Congressional District and will face Republican Rep. Tom Kean Jr. Kean has been absent from public view and Capitol votes since March 5 while citing a personal medical issue.
Posts tagged as “the Small Business Administration”
A federal judge has temporarily blocked parts of an executive order from former President Donald Trump that required documentary proof of U.S. citizenship for voter registration, following challenges from voting rights groups. U.S. District Judge Colleen Kollar-Kotelly's ruling prevents the Election Assistance Commission and several federal departments from enforcing these requirements, emphasizing the need to maintain established voting procedures. This legal development highlights the judiciary's role in scrutinizing executive actions affecting the electoral process and contributes to the ongoing debate over voting rights and election security in the United States.
In a major restructuring effort, President Donald Trump announced that the Small Business Administration (SBA) will assume control of the federal student loan portfolio from the U.S. Department of Education, as part of a strategy to streamline federal operations and cut government spending. The SBA plans to reduce its workforce by 43%, aiming to save over $435 million annually, while maintaining its focus on supporting small business growth. This shift reflects the Trump administration's emphasis on reducing government size and complexity, with the SBA now tasked with managing over $1.6 trillion in federal education debt affecting more than 40 million Americans.
In a major policy shift, President Donald Trump announced that the Small Business Administration (SBA) will assume management of the federal student loan portfolio, traditionally overseen by the U.S. Department of Education, affecting over 40 million borrowers and $18 billion in Title I funding. This transition follows an executive order aimed at dismantling the Department of Education, raising concerns about potential disruptions in federal student loan programs and the administration of financial aid services like Pell Grants and FAFSA. Experts warn that the SBA will face significant challenges in managing the $1.6 trillion federal education debt, emphasizing the need for trained staff and resources to ensure effective support for borrowers and educational institutions.
This article discusses a new report from the Small Business Administration (SBA) which reveals that over $200 billion in federal aid to small businesses during the pandemic may have been given to fraudsters. The SBA Office of Inspector General found that the agency weakened or removed certain requirements to distribute the funds quickly, allowing fraudsters to take advantage of the situation. The SBA has since implemented measures to prevent fraud and is encouraging small business owners to report any suspicious activity to the SBA Fraud Hotline.
Former Florida Republican lawmaker Joseph Harding has pleaded guilty to federal felony charges related to COVID-19 relief fraud in Gainesville federal court. He had initially pleaded not guilty to the charges, but now pleads guilty to one count of each charge, cutting his potential punishment in half. Harding will pay $150,000 in restitution to the Small Business Administration and the sentencing hearing is scheduled for June 8.