Press Releases

For press inquiries, contact Sarah Crozier at sarah@mainstreetalliance.org.

Why the consumer bureau’s independence matters to small businesses

Small businesses will be greatly affected if the Supreme Court hamstrings the CFPB

Washington, DC -  The Supreme Court will hear oral arguments this week on the very structure of one of the most important consumer protection agencies in the government. Typically, many think of consumers as customers, and the public, but as small business owners and business press we still need to pay attention. What happens here could have huge impacts for financial capital for small businesses.

That’s why Main Street Alliance, along with many others, filed an amicus brief in support of the Consumer Financial Protection Bureau’s (CFPB) independence from undue political influence. Small businesses face many of the same financial challenges as do consumers, and benefit from the CFPB’s ability to efficiently take action to curb predatory or discriminatory financial activity.

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Main Street Business Victory - Lawsuit Compels Trump Administration to Commit to Finalize Protections Against Lending Discrimination

Coalition of Small Business Owners, Community Development Orgs Sued to Compel Compliance with Dodd Frank, and won.

Yesterday, in response to a legal challenge brought by two Main Street Alliance small business owners and community development organizations, the Trump administration and the CFPB has finally agreed in a settlement to stop ignoring its legal obligation to facilitate the enforcement of anti-discrimination laws that protect women-owned, minority-owned and small businesses from discriminatory financial institutions. This victory marks a milestone for addressing the credit barriers small business owners face across the country — particularly women and entrepreneurs of color

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Small Businesses need more policy discussion beyond taxes

Majority of small business owners say more customers would actually support their businesses

Washington, DC - With small businesses finally seeing some airtime in the Democratic Debate last night, Deputy Director for the Main Street Alliance Stephen Michael had this to say:

"Last night’s debate finally saw some discussion around small business policies. But focusing on the narrow issue of taxes, as framed by the moderators, cuts off discussion of the broader policies that would actually support small businesses. 

In framing their question, the NBC moderators characterized the Tax Cuts and Jobs Act as good for small businesses, when in fact consolidation, monopolization and giant corporations not paying their fair share of taxes, has meant small businesses are being squeezed in the marketplace and cut out of government support and access to capital. 

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On the Debate: Supporting Small Business mean Supporting their Communities

Small businesses finally get time during the democratic debates

Washington, DC - After the Democratic Debate in Las Vegas this evening, Executive Director of the Main Street Alliance, Amanda Ballantyne had this to say:

"Small business issues finally saw time during the Democratic Debate when candidates made the connection between the struggles average Americans are having with child care, health care, and income equality and tax fairness as clear economic issues that are directly impacting our nation's small businesses.

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Supreme Court delay to hear ACA case will harm small business owners

On the Supreme Court’s decision not to expedite the hearing of the Texas V. US case on the Affordable Care Act, Executive Director for the Main Street Alliance, Amanda Ballantyne had this to say:

“Small business owners and their employees will continue to be stuck in limbo as republican judges and attorneys general send the Texas v. US case against the Affordable Care Act back and forth in the lower courts. By not taking up the health care case in a timely manner and allowing this continued delay, the Supreme Court has allowed the current administration to hide behind the courts during an election season instead of owning up to their dismantling of the Affordable Care Act.  

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Main street businesses look forward to working with new SBA head, Carranza

Main Street looks forward to a focus on small business priorities from Jovita Carranza

On Jovita Carranza’s confirmation to lead the Small Business Administration today, Main Street Alliance Senior Government Relations Manager Renée Johnson had this to say:

"Main Street business owners are looking forward to working with Jovita Carranza as the head of the Small Business Administration, and hopeful that she will elevate the needs of small business owners, particularly for women and minority owned businesses.

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Our Year in Review and What We're Looking Forward to in 2020

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Republicans Continued Attack on Health Care during the Texas v. US Appeal Harm the Success of Small Businesses

Small businesses fear losing critical protections for pre-existing conditions

Washington, DC – In response to the Texas V. US Appeal decision this week, Main Street Alliance Executive Director Amanda Ballantyne released the following statement: 

“The Texas v. US decision is a threat not only to the millions of people living with pre-existing conditions but also to small business owners struggling to provide their employees and families with affordable care. To declare the individual mandate unconstitutional and send the ACA back to the district court will continue to directly impact millions of small business owners, their employees and their families.

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Main Street Alliance responds to Impeachment Vote

As the United States House of Representatives voted to affirm articles of impeachment against President Donald Trump today, Executive Director for the Main Street Alliance, Amanda Ballantyne had this to say:

“Main Street Alliance supports the House of Representatives in their collective decision to affirm articles of impeachment and move towards towards trial in the Senate. Our federal government must do everything that it can to protect the integrity of U.S. elections.  As the Senate trial moves forward, Main Street Alliance small business owners are united in calling for accountability and transparency as a priority. 

No one is above the law, and a strong democracy keeps our leaders accountable. We need big, bold reforms to strengthen our democratic system and keep money, special interests and corruption out of politics.”

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Small Business for Paid Leave Coalition responds to Business Roundtable

A federal plan must include small businesses

The day after the launch of the Small Business for Paid Leave Coalition, the Business Roundtable, a group of large corporation CEOs, put out a letter in support of speedy action by Congress on a paid family and medical leave program.

“It is great to see the Business Roundtable leaders speak up for paid family and medical leave, inclusive of leave to care for a new child, or a serious personal or family illness, and with job protection for all leave-takers. However, details matter.” said Executive Director of the Main Street Alliance Amanda Ballantyne. “Their version of paid leave will carve out small businesses and their employees, only advantaging large corporations.”

Any paid leave program must include small businesses. The Business Roundtable’s proposal, working off the current limitations of the FMLA, will continue to leave out millions of employees — in fact 40 percent of the workforce. It would carve small businesses with less than 50 employees as well as self-employed workers out of a paid leave program, employers who desperately need support to offer paid leave and level the playing field with large corporations.

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