Press Releases

For press inquiries, contact Sarah Crozier at [email protected].

Small Business Applaud House Passage of the For the People Act (H.R. 1)

On the House passage of the critical democracy reform bill For the People Act (H.R. 1) today, Main Street Alliance Government Affairs Director Didier Trinh had this to say:

“Small businesses applaud the passage of H.R. 1, the For the People Act today. These democracy reforms are necessary to make real progress on issues that small businesses care about, from health care to racial justice. Small donor matching, modeled after successful systems in cities and states across the country, will reduce the influence of special interests and empower regular Americans to have a meaningful voice in their democracy. What’s more, small donor financing is fully paid for by penalties levied on corporate lawbreakers and wealthy tax cheats - the same powerful interests who have used their lobbying to get around paying their fair share for decades.

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South Carolina Plant Suffers Layoffs at Hands of Corporation Despite PPP Loans

CONTACT
Carter Dougherty, Americans for Financial Reform Education Fund, [email protected]
Sarah Crozier, Main Street Alliance, [email protected]
Mellissa Chang, Good Jobs First, [email protected] 
Brandon Fountain, South Carolina Appleseed Legal Justice Center, [email protected] 

South Carolina Plant Suffers Layoffs at Hands of Corporation Despite PPP Loans

A South Carolina tire factory owned by a global corporation received a substantial loan from the Small Business Administration for pandemic relief while many genuinely small businesses — especially those owned by people of color and women — were unable to access the program.

Despite the generous loan, Giti Tire furloughed all of its workers for about one month and many workers were laid off permanently, according to a new study.

 

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Small Businesses Applaud House Passage of American Rescue Plan, Want Senate to Keep the Bill as Strong

On the House passage of the American Rescue Plan today, Main Street Alliance Government Affairs Director Didier Trinh had this to say:

“Passing the American Rescue Plan has given small businesses on their last legs hope that we can make it through this crisis. We urge swift passage, in full, by the Senate to get needed relief to those who need it most. 

There are many pieces of this critical, comprehensive plan centered on public health and economic recovery that are particularly important to small businesses.

Targeted small business grant support cannot come soon enough. Investment in programs that will not only directly support public health, but will also provide the financial runway to support communities through this crisis is key. 

An initial cash infusion with additional stimulus, as well as an extension and expansion of unemployment, and rent support is what working families urgently need. Small business customers and clients can finally plan through the drastic financial decisions they have had to make over the past year. Stabilization funds for child care centers will help the child care industry in crisis, as well as the millions of small business employees reliant on quality, affordable care.

The plan expands and extends tax credits to support small businesses to provide paid leave, a critical piece of small business COVID relief, but it is no substitute for a permanent, comprehensive, sustainable paid leave program. We must also begin work on legislation to support our long term economic recovery, including comprehensive paid leave.

Main Street Alliance and its members urge the Senate to swiftly pass the American Rescue Plan, and begin the work to get us beyond triage into rebuilding a more resilient and sustainable economy. It is time to invest in solving this crisis, and setting up our communities to thrive again.”

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Biden Administration Announces Fix for Paycheck Protection Program that will Boost Relief for Black and Latino-Owned Businesses

WASHINGTON, D.C. – Today, President Biden announced several fixes to the rules of the Paycheck Protection Program (PPP), including one that will ensure a more accurate determination of the level of small business relief that sole proprietors and independent contractors need and are entitled to receive. 

Over 100 organizations supporting African American, Latino and immigrant-owned businesses recently called for immediate changes to ensure that relief gets to the business owners who need it the most. This important change will help millions of small businesses owners across the country, in rural and urban areas alike. Organizations signing on included the Main Street Alliance, Center for Responsible Lending, Local Initiatives Support Coalition, American Business Immigration Coalition, Asian/Pacific Islander American Chamber of Commerce and Entrepreneurship (National ACE), United States Hispanic Chamber of Commerce, U.S. Black Chambers, Inc., Opportunity Finance Network and dozens of others. 

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Small Businesses Demanded Accountability, Disappointed but Persistent for Justice and Economic Relief

On the news that 43 Republican Senators have voted to acquit Trump and failed to provide any accountability for a months long campaign of misinformation that culminated in a violent attack on our capital, Main Street Alliance Leadership has this to say:

“Every American across the country who witnessed the egregious attack on our democracy on January 6th want those responsible to be held accountable. But today, the same Republicans who failed to address and provide real relief during this pandemic, have now failed to convict a president who incited right-wing militants to kill, terrorize and injure hundreds of Americans in an attempt to subvert the will of the people and attack our democracy. Those Senators have opened the door for future leaders to unlawfully hold on to power. Small businesses across the country are deeply disappointed, and understand the stakes of both democratic and economic instability on our country and economy.

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MSA Member Nneka Brown-Massey testifies during House Financial Services Committee Hearing

Nneka Brown-Massey, Main Street Alliance Member from Tulsa, OK testified before the House Financial Services Subcommittee on National Security, International Development and Monetary Policy at a virtual hearing on “Supporting Small and Minority-Owned Businesses Through the Pandemic.” 

Watch the Testimony

Download her full testimony

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White House Commitment to Smallest and Minority-owned Businesses Key to Solving Economic Crisis

On today’s White House press conference on small business relief, Main Street Alliance Government Affairs Director Didier Trinh had this to say:

“Small businesses across the country are glad to see a recommitment to prioritizing their needs as we continue through an ongoing pandemic and economic crisis.

More outreach and a focus on the accessibility and equitable distribution of COVID relief for minority-owned businesses is a welcome priority after a year of free-for-all, first-come first-served chaos. Small business owners without accountants and back office supports need the hands on support and technical assistance that navigators can provide.

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Inauguration Day: Amid crisis, small businesses look to a brighter future

On the Inauguration of the 46th President of United States, Joseph R. Biden, Jr., and the historic inauguration of the first woman of color as Vice President, Kamala Harris, Main Street Alliance leadership had this to say:

“Main Street Alliance congratulates President Joe Biden and Vice President Kamala Harris on a historic day. Small businesses look forward to working with this new team on policies that support communities and level the playing field for small businesses.

It has been a long road to this moment, and small businesses still stand in the midst of a crisis. The Biden-Harris administration will be facing significant challenges as they begin their term, but Main Street is hopeful for a brighter future.

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Small Business Have Needed a Comprehensive Plan - Biden Response Set to Deliver

On President-elect Biden’s announcement of an emergency coronavirus response plan Thursday, Main Street Alliance Government Affairs Director Didier Trinh had this to say:

“Small businesses across the country are breathing a sigh of relief at the announcement of a critical, comprehensive plan that centers public health and economic recovery.

Targeted small business grant support is still desperately needed and cannot come soon enough. Investment in programs that will not only directly support public health, but will also provide the financial runway to support communities through this crisis is key. 

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Biden economic team nominees must center small business needs in this crisis, and beyond

On the announcement of Biden’s economic team nominations, Main Street Alliance Government Affairs Director Didier Trinh had this to say:

“Main Street Alliance congratulates Small Business Administration nominee Isabel Casillas Guzman, Commerce Secretary nominee Gov. Gina Raimondo, and Deputy Commerce Secretary nominee Don Graves on their nominations. They, along with others nominated to support the economic team, will bring their expertise and experience to one of the most trying economic crises of our generation.

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