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It’s time to take politics out of the Small Business Administration
| United Kingdom | business | ✓ Verified - theguardian.com

It’s time to take politics out of the Small Business Administration

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<p>The White House’s politicization of the agency will have a real-world impact on small business owners in the US</p><p>Kelly Loeffler, the new administrator of the Small Business Administration (SBA), <a href="https://www.theguardian.com/us-news/2026/mar/05/small-business-administration-loans-immigrant-entrepreneurs">announced</a> recently that the agency charged with supporting the businesses that are the backbone of the US economy would no longer be approving lo

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It’s time to take politics out of the Small Business Administration Gene Marks The White House’s politicization of the agency will have a real-world impact on small business owners in the US K elly Loeffler, the new administrator of the Small Business Administration , announced recently that the agency charged with supporting the businesses that are the backbone of the US economy would no longer be approving loans to small business owners unless they are US citizens. If you’re a legal, tax-paying immigrant with a green card and full residency? No loans for you. This is a big mistake. It’s one thing to go after and deport undocumented immigrants who have committed crimes. But it’s difficult to watch undocumented immigrants who have committed no crime other than trying to make a better life for their families in this country suffer a similar consequence. Breaking the law is one thing. But what about the immigrants who are going through the legal process as they should and have been granted full residency status? Why are they being targeted the SBA? The issue isn’t immigration policy. It’s about whether the SBA should be drawing eligibility lines that exclude legally operating business owners. This is about politics. The SBA’s mission is all about serving small businesses. It seems counterproductive to deny certain entrepreneurs the right to participate in our capitalist system just because they’re not yet citizens. It seems harmful to not allow them to receive loans so that they can start and grow a small business that will benefit their communities and the country at large. To some extent, the move is a reaction against the Biden administration . Under Biden, the SBA often looked more like it was marketing a message than reflecting the reality of who actually owns small businesses in this country. The agency always went to great lengths to ensure that every image featured a diverse group of business owners, mostly minorities. Never mind that Pew Research reports that...
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