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Watch: Ranking Member Markey Opposes Senator Loeffler’s Nomination to Lead the SBA
(WASHINGTON, D.C. – February 13, 2025) – Small Business and Entrepreneurship Committee Ranking Member Edward J. Markey (D-Mass.) today delivered remarks on the floor of the Senate, objecting to the confirmation of Senator Kelly Loeffler to serve as Administrator of the Small Business Administration (SBA). Below is an excerpt from his remarks.
“Donald Trump and Elon Musk have sent a clear message – they are here to illegally cut off funding for critical government agencies and services. They’re here to make government work for billionaires but at the expense of the working-class people. And they are filling their cabinet with people willing to carry out that illegal bidding.
“As I stand here today, DOGE operatives continue to work under the cover of darkness, including at the Small Business Administration. The American people want answers. Is the private information of families and businesses and individuals safe at the SBA? Will an entrepreneur looking to open their beauty salon be able to close on an SBA loan and get their money on schedule? Can government contractors, many of which are veterans, continue providing critical services while getting paid on time? Lawmakers and American families alike are scrambling to figure out whether the government is open for business.
“We have 7 million people in Massachusetts and 722,000 small businesses. We must work together to uplift our entrepreneurs and promote a ruthless Darwinian marketplace that would bring a smile to Adam Smith. The vibrancy of our communities depends on us ensuring small businesses can compete, expand, and create jobs.
“Today, I stand in opposition to the confirmation of Kelly Loeffler.”
