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SBA administrator addresses federal regulatory reform

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Mon, Aug 28th 2017 02:05 pm
Small businesses encouraged to comment on SBA regulations
Administrator Linda McMahon, head of the U.S. Small Business Administration, is encouraging small businesses to comment on the federal register notice posted earlier this month. The notice is in response to President Donald Trump's executive order 13777, which aims to ease the burdens placed on America's small businesses.
Under this executive order, all federal agencies are required to designate a regulatory reform officer and develop a process of evaluating their existing regulations, and determine which ones should be repealed, replaced or modified.
"As I travel the country meeting with small business owners, I hear over and over again about the volume of regulations they must comply with and how difficult it is to manage the burden. So I've appointed a taskforce here at SBA to help identify SBA regulations that need to be changed or eliminated." McMahon said. "Your feedback will help SBA do its part to identify which SBA regulations may be impeding small business economic growth, innovation and job creation."
Small businesses may post comments on sba.gov/ReducingRegs until Oct. 16.
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