SUMMARY: On Day One, SBA Administrator Kelly Loeffler announced her priorities to rebuild the agency into an efficient engine of free enterprise supporting American small businesses. This includes supporting President Trump’s “America First” agenda, eliminating fraud, streamlining operations, and cutting wasteful spending while enhancing customer service and empowering small businesses.
1. Promoting “Made in America”: SBA will support U.S. manufacturing, invest in American supply chains, and transform its trade office to focus on manufacturing.
2. Implementing Executive Orders: SBA will enforce President Trump’s executive orders, eliminating diversity programs, and halting grants and initiatives not in alignment with those orders.
3. Supporting Government Efficiency: SBA will collaborate with the Department of Government Efficiency to reduce fraud, waste, and improve transparency.
4. Mandating Full-time In-Office Work: SBA employees will return to in-office work as of February 24, 2025, following President Trump’s memorandum.
5. Prioritizing Workforce Optimization: The SBA will evaluate workforce reductions and restructure advisory boards for maximum efficiency.
6. Cracking Down on Fraud: A zero-tolerance policy for fraud will be implemented, including creating a Fraud Working Group to recover misused funds.
7. Conducting Financial Audit: SBA will undergo an independent audit to address fraud and restore financial credibility, particularly within loan programs.
8. Protecting Loan Program Solvency: SBA will revise underwriting practices and restore effective collections to safeguard taxpayer funds.
9. Banning Illegal Aliens from SBA Assistance: SBA will implement a policy barring illegal aliens from receiving assistance to prioritize U.S. citizens.
10. Restricting Hostile Foreign Nationals: Measures will be taken to prevent foreign nationals, particularly from adversarial nations, from accessing SBA resources.
11. Creating a Strike Force to Cut Regulation: SBA will reduce unnecessary regulations, empowering small businesses and fostering better business formation.
12. Improving Customer Service, Technology, and Cybersecurity: The SBA will enhance its digital platforms and cybersecurity measures to improve customer satisfaction.
13. Returning 8(a) Contracting Goals: The 8(a) federal contracting goal will return to its original statutory level of 5%, ensuring fair competition for all small businesses.
14. Relocating Regional Offices: SBA’s regional offices in sanctuary cities will be relocated to cost-effective, accessible areas for better service delivery.
15. Ending Partisan Voter Registration Activities: The SBA will cease all taxpayer-funded partisan voter registration activities and refocus on its core mission.