Small Business Administration cutting staff by 43%

The Small Business Administration on Friday said it is cutting more than 40% of its staff as part of the Trump administration's wider effort to shrink the federal bureaucracy.

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Trump says student loans will be handled by Small Business Administration

President Donald Trump said Friday that the Small Business Administration, instead of the U.S.
NBC News - 5d
Trump says student loans will be handled by Small Business Administration

President Donald Trump said Friday that the Small Business Administration, instead of the Education Department, would handle the country's student loans.
CNBC - 5d
US small business agency to oversee student loans

The Small Business Administration will now manage the loans of some 40 million US borrowers.
BBC News - 5d
Trump announces the Small Business Administration will handle student loans

President Trump announced that the Small Business Administration would take over the handling of student loans after he signed an executive order aimed at dismantling the Department of Education.
NBC News - 5d
Trump wants Small Business Administration to handle student loans. Here's what borrowers need to know

President Donald Trump says he wants to "immediately" transfer federal student loans to the Small Business Administration. Here's what borrowers need to know.
CNBC - 15h
Cuts to Small Business Support Trigger Pushback From GOP Lawmakers

An executive order to cut an agency that has helped finance businesses and communities in remote, disadvantaged locations isn’t supported by some prominent Republican legislators.
Inc. - 6d
SBA cutting 40 percent of workforce

The Small Business Administration (SBA) plans to cut more than 40 percent of its workforce amid an agency-wide restructuring, it announced Friday. The agency will cut about 2,700 positions out of ...
The Hill - 5d
Trump administration cuts export office staff amid escalating trade war

The Trump administration has fired numerous employees at the International Trade Administration (ITA), a Commerce Department branch that is set to play a key role in enacting President Trump’s ...
The Hill - Mar. 13
New Data Confirms Plunging Small-Business Confidence From Trump Tariffs

A recurring poll showed entrepreneurs feeling even more negative in March, as business owners who previously cheered Trump’s promised tax cuts and deregulation focus on the increased costs created ...
Inc. - 2d
Treasury Department to cut IRS taxpayer advocate staff

The Trump administration is intending to make cuts to the office of the National Taxpayer Advocate (NTA) — its third announced staffing reduction at the Internal Revenue Service that comes amid a ...
The Hill - Mar. 18
Trump administration's funding, staff cuts spark concerns over Colorado River

Federal funding freezes and staffing cuts are setting off alarms about the future of the Colorado River, a critical artery that supplies water to some 40 million people in 30 tribes and seven ...
The Hill - Mar. 9
Food Safety Jeopardized by Onslaught of Funding and Staff Cuts

The Trump administration halted some food testing and shut down a committee studying bacteria in infant formula. Earlier funding cutbacks under the Biden administration now threaten state labs and ...
The New York Times - Mar. 19
$70,000 more a year for eggs: How price hikes are hurting small businesses

As egg prices continue to skyrocket, small businesses grapple with how to avoid passing on the increase to their customers.
ABC News - Mar. 8
Trump’s Canadian tariffs are having a chilling effect on Vermont’s small business owners

The Green Mountain State's small businesses are getting caught in the tariff crossfire between the United States and Canada.
CNBC - Mar. 15
Small business optimism falls at fastest pace in 5 years: NFIB

Small business optimism is faltering as stock markets are dropping and a range of macroeconomic and policy uncertainties are weighing on the business outlook. The National Federation of Independent ...
The Hill - Mar. 11
Young Professionals Are Increasingly Turning to Boring Small-Business Niches

Younger would-be chief executives are increasingly seeking profits — and freedom from the 9-to-5 — by pivoting from corporate jobs into often unglamorous small-business niches.
The New York Times - Mar. 12
Canada’s Small Businesses Face a ‘Double Hit’ in the Trade War With U.S.

A rice mill in Ontario is among many small businesses being hit by President Trump’s tariffs and also by Canada’s retaliatory levies, putting their futures in doubt.
The New York Times - 4d
Big Company CEOs Join Small Businesses, as Economic Confidence Wanes Amid Tariffs

A new survey of Business Roundtable CEOs mirrors earlier drops in small-business confidence.
Inc. - Mar. 13
Tribes and Students Sue Trump Administration Over Firings at Native Schools

More than one quarter of the staff members at the only two federally run colleges for Native students were cut in February.
The New York Times - Mar. 9
Mark Cuban on AI: What Small-Business Owners Must Do to Stay Competitive

The billionaire entrepreneur shares how artificial intelligence is disrupting jobs and reshaping small-business strategies.
Inc. - 4d
Many in small business were jubilant over Trump’s victory. They’ve since grown very uncertain about the U.S. economy.

Small-business owners — a group that emphatically cheered the election of President Donald Trump and a Republican Congress — now have nearly historic levels of uncertainty about the future.
MarketWatch - Mar. 11
Tariffs could make some popular side hustles and small businesses harder to run: 'The expenses have already started,' CEO says

The Trump administration's China tariffs could have an unintended consequence, some CEOs say: a higher barrier to entry for American entrepreneurs.
CNBC - Mar. 10
Staff shortages halt some federal weather balloon launches amid Trump cuts

The Trump administration is pausing at least a handful of balloon launches that collect weather data in at least three locations due to staffing shortages. On Friday, the administration said it ...
The Hill - Mar. 11
Trump’s shuttering of global media agency endangers reporters, staff say

Employees who may have to return home risk death or imprisonment at hands of authoritarian governments. Foreign workers at US government-backed media outlets being cut by the Trump administration ...
The Guardian - 2d
Treasury scraps reporting rule for U.S. small business owners

The Treasury Department issued a rule that significantly waters down the number of businesses that must report information about their owners.
CNBC - 17h
These are the 10 cheapest states to start a new business in the U.S.

Utah is the least expensive state to start a new business, according to a new ranking from online small business advisor SimplifyLLC.
CNBC - Mar. 18
Verizon Launches an AI Assistant for Small Businesses

For $35 a month, the new AI assistant will answer your customers’ questions via text message.
Inc. - 2d
EU debates ways to keep Radio Free Europe afloat after Trump orders staff cuts

European Union government ministers are debating ways to keep Radio Free Europe afloat after the Trump administration stopped grants to the pro-democracy media outlet over the weekend
ABC News - Mar. 18
Federal Agency Dedicated to Mental Illness and Addiction Faces Huge Cuts

The Substance Abuse and Mental Health Services Administration has already closed offices and could see staff numbers reduced by 50 percent.
The New York Times - Mar. 13
NOAA cuts raising concerns over public safety

Another wave of mass firings could be hitting the National Oceanic and Atmospheric Administration. The agency, which includes the National Weather Service, could ultimately lose about 20% of its ...
CBS News - Mar. 10
U.N. to cut staff numbers in Gaza as Israeli strikes escalate

The United Nations said Monday it will reduce international staff numbers in Gaza by about a third after Israeli strikes in the enclave that killed hundreds.
NBC News - 1d
Columbia agrees to Trump administration's demands after funding cut

Columbia University said Friday it has agreed to a list of demands from the Trump administration as it seeks to begin talks to restore $400 million in federal funding. After the administration cut ...
The Hill - 5d
The 10 most expensive places in the U.S. to start a new business, report finds

California and New York's high costs of living make them expensive for new business owners, according to a recent ranking from an online small business advisor.
CNBC - 6d
As Trump Administration Cuts Funding, Researchers Turn to European Universities

European universities have begun recruiting researchers who lost their jobs in the administration’s cost-cutting efforts, or are anxious over perceived threats to academic freedom.
The New York Times - 1d
Trump says student loans moving to SBA, 'special needs' to HHS

President Trump said Friday he is “immediately” moving the handling of federal student loans to the Small Business Administration (SBA), and shifting programs for students with disabilities to the ...
The Hill - 5d
The 26 SBA Contracts Killed By DOGE, Thus Far

Some agencies have suffered the consequences of DOGE far more than others. But even the Small Business Administration hasn’t emerged fully unscathed.
Inc. - 10h
More NOAA Employees May Be Let Go, Making 20% of Staff Cut

Together with recent firings and resignations, the new cuts could hamper the National Weather Service’s ability to produce lifesaving forecasts, scientists say.
The New York Times - Mar. 10
Trump administration to cut vaccine aid to developing countries

Administration plans to end funding to Gavi, a global health organization that helps provide life-saving care for children. The Trump administration is planning to end funding for Gavi, a global ...
The Guardian - 14h
Senators to Trump Social Security nominee: 'You will be responsible' if benefits are interrupted

As the Social Security Administration cuts staff, that could impact the agency's ability to pay millions of benefit checks each month, Democratic senators warn.
CNBC - Mar. 12

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