For decades, immigrants who are legal permanent residents in the U.S. could get loans through the Small Business Administration, a core pillar of small-business lending. Not anymore.
Artificial intelligence will fuel job creation on main streets across America, Small Business Administration administrator Kelly Loeffler predicted Tuesday at Axios' AM Live in Washington, D.C. Why it matters: AI has both created — and destroyed — jobs, leaving a nuanced footprint on the market. What's clear is that it will reshape the way people work. Driving the news: As compute power explodes, Loeffler contends the "biggest beneficiaries" will be small businesses, she told Axios' Mike Allen. - The history-defining tech is a "huge leveler of the playing field for America," she said. But "if China wins" the AI arms race,"this is going to be really problematic for the entire country, but particularly for main streets." Catch up…
She said that $22 billion in those fraudulent loans have been turned over to the U.S. Treasury and Department of Justice for collections and prosecution, and people who have been convicted of fraud are serving prison sentences.
On "Katie Pavlich Tonight," Katie breaks down the indictment of former Cuban leader Raul Castro after he was indicted for the murder of four Americans back in 1996. Our expert panel, including David Tafuri, Roma Daravi, and Matt Whitlock, discuss the situation at hand. We also bring on former HHS spokesman Michael Caputo whose life drastically changed after "Russiagate" took a major toll on his family. Caputo has now become the first to file a claim for the Justice Department's new anti-weaponization fund. Then, we have on House Majority Leader Rep. Steve Scalise after Democrats scored a war powers resolution win. Plus, Katie takes the gloves off as there has become a clear birthright citizenship scheme involving China. She's joined by…
State of the Union: The move is meant to address rising beef prices and follows pressure from Brazil’s beef export lobby. The post Trump to Reduce Beef Tariffs appeared first on The American Conservative .
The Wall Street Journal reported Monday, citing unnamed sources familiar with the matter, that the Trump administration is moving to temporarily reduce tariffs on beef imports from all exporting nations through an executive order. A second executive order, per the Journal, will direct the Small Business Administration to expand loans for U.S. ranchers and roll back rules requiring electronic ear tags on livestock. The executive orders are part of a broader effort to reduce beef prices, which have risen more than 16 percent since last year, according to Federal Reserve Bank data . The U.S. Department of Agriculture estimated that beef prices will climb between 10 and 18 percent in 2026. American cattle-industry groups have reportedly…Open
President Trump on Friday afternoon will host hundreds of farmers, ranchers and executives at the White House to outline his administration's agriculture agenda. During the event, he is expected to announce actions to assist U.S. farmers and food suppliers, including new guidance on farm equipment regulations and ways to cut costs within the industry, as energy and fertilizer prices rise amid the ongoing military operation in Iran. Trump will be joined by Agriculture Secretary Brooke Rollins, Health and Human Services Secretary Robert F. Kennedy Jr., Environmental Protection Agency Administrator Lee Zeldin and Small Business Administration head Kelly Loeffler.
The Small Business Administration lent $378 billion to keep businesses afloat. Getting paid back is proving difficult.
Tonight on “Katie Pavlich Tonight”: There's breaking news on Joe Kent’s resignation. Semafor’s Shelby Talcott joins the show to report that the FBI has officially opened an investigation into whether the former counterterrorism official leaked classified information. Then, as the funding fight for the Department of Homeland Security intensifies amid growing homeland threats, progressive YouTuber Brian Tyler Cohen faces off with Pavlich to discuss the rise of the new left, including Juliana Stratton and James Talarico, and their opposition to confronting Iran. SBA Administrator Kelly Loeffler outlines her state-by-state fraud crackdown and her plan to shield American small businesses from rising energy costs and supply chain…