Chairman Rubio is committed to fulfilling the Senate Committee on Small Business and Entrepreneurship's obligation to conduct oversight of the U.S. Small Business Administration. Under his leadership, SBC was the only Senate committee awarded an "A" grade on the Congressional Oversight Hearing Index from The Lugar Center. The following correspondence documents Chairman Rubio's oversight work since his tenure began in January 2019.
In response to the COVID-19 pandemic, Congress passed the Coronavirus Aid, Relief, and Economic Security (CARES) Act, which was signed into law on March 27, 2020. The CARES Act established the Paycheck Protection Program (PPP) and expanded the Emergency Injury Disaster Loan (EIDL) program. The Paycheck Protection Program and Health Care Enhancement Act and the Paycheck Protection Program Flexibility Act of 2020 further expanded PPP. Given the $670 billion appropriated in small business relief, Chairman Rubio is committed to holding SBA accountable for its distribution of funding.
In response to the COVID-19 pandemic, Congress passed the Coronavirus Aid, Relief, and Economic Security (CARES) Act, which was signed into law on March 27, 2020. The CARES Act established the Paycheck Protection Program (PPP) and expanded the Emergency Injury Disaster Loan (EIDL) program. The Paycheck Protection Program and Health Care Enhancement Act and the Paycheck Protection Program Flexibility Act of 2020 further expanded PPP. Given the $670 billion appropriated in small business relief, Chairman Rubio is committed to holding SBA accountable for its distribution of funding.
January 2021
Date | Title | |
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1/15/21 | Rubio, Cotton, Colleagues: Stop Illegal PPP Loans to Planned Parenthood |
December 2020
Date | Title | |
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12/10/20 | Now: Rubio Chairs Hearing on the Paycheck Protection Program and Its Future |
November 2020
Date | Title | |
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11/12/20 | Rubio Joins Colleagues on SBA’s Plans to Spur Entrepreneurial Growth | |
11/12/20 | Chairman Rubio Requests Information From SBA About Reports of Fraud in the EIDL Program | SBA Deadline: November 20, 2020 |
11/10/20 | Chairman Rubio Sends Letter to Treasury and SBA Requesting PPP Audit Plans |
October 2020
Date | Title | |
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10/28/20 | Chairman Rubio Releases Statement on SBA Inspector General’s Initial Report on Suspected EIDL Fraud | |
10/16/20 | Chairman Rubio Sends Letter to Wells Fargo Requesting Information on EIDL Fraud Amongst Bank Employees | SBA Deadline: October 23, 2020 |
September 2020
July 2020
Date | Title | |
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7/28/20 | Chairman Rubio Releases Statement on SBA Inspector General’s Management Advisory Warning of Suspected COVID-19 EIDL Fraud |