BIDEN-HARRIS WHITE HOUSE
No one Administration is responsible for the current small business startup slump, the lowest rate of small business startups in four decades. Even before the pandemic recession it was clear that the growing economy and record low unemployment did not translate into ramping up the business startup numbers that we need. The pandemic has only worsened these numbers. The nation will not reverse this problem unless a specific federal agency is given the mission, authority and resources to address the issue along with establishing specific and measurable goals.
The ASBC stands with the Biden Harris administration in their sweeping progress made across economic and social policies in their first month in office. President Biden’s recent executive orders will advance an equitable, just future for all Americans.
As part of our ongoing work, ASBC has been engaged with the Biden-Harris Agency Review Teams throughout the White House administration transition, leading up to the inauguration in January 2021.