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Trump’s attorney general pick says he has reached deal with senators after standoff
Todd Blanche issues formal order to withdraw ‘anti-weaponization fund’ after weeks of negotiations with Republican senators who were blocking his nomination
Blanche rescinds Trump’s ‘anti-weaponization’ fund, removing hurdle from attorney general nominee’s confirmation
Donald Trump’s nominee for attorney general, Todd Blanche, said late Sunday he is formally rescinding the president’s $1.8 billion “anti-weaponization” fund, after Senate Republicans threatened to block his nomination over the controversial agreement.
Blanche rescinds Trump’s ‘anti-weaponization’ fund, removing hurdle from AG pick’s confirmation
Donald Trump’s nominee for attorney general, Todd Blanche, said late Sunday he is formally rescinding the president’s $1.8 billion “anti-weaponization fund,” after Senate Republicans threatened to block his nomination over the controversial agreement.
Blanche rescinds fund for Trump supporters after GOP senators threaten to block his AG bid
Acting Attorney General Todd Blanche has issued a formal order terminating President Donald Trump’s $1.8 billion anti-weaponization fund to compensate his political allies.
Senate GOP seeks to block Trump science grant rule
Senate Republicans are moving to block a Trump rule giving political appointees power over federal science grants.
Senate GOP seeks to block Trump science grant rule
Senate Republicans are moving to block a Trump rule giving political appointees power over federal science grants.
Senate aims to block White House from gaining new power over science funding
A bipartisan spending bill unveiled Sunday by Senate Republican leaders would prevent the White House from asserting greater control over hundreds of billions of dollars in federal grants.
New Jersey and New York sue to block Trump admin. changes to health insurance marketplaces
The attorneys general argue that the changes would make it harder for Americans to get insurance and could raise prices for people who already have it.
Dodgers acquiring pitcher Tarik Skubal in blockbuster trade
The Dodgers swing a deal for Detroit Tigers ace left-hander Tarik Skubal ahead of the trade deadline, bolstering their hopes for a third straight World Series title.
Dodgers, Tigers finalizing Tarik Skubal trade
The blockbuster everyone was waiting for is reportedly going down
Dodgers acquire Tarik Skubal in blockbuster trade: Two-time Cy Young winner joins vaunted Los Angeles rotation
Skubal will head west as the Dodgers aim for a third straight World Series title
Gavin Newsom Reportedly Concerned About Paramount, WB Merger State Suit
In a Friday report, sources told The Wall Street Journal that California's governor has said if the merger is blocked due to the lawsuit, state employment will suffer, and that "Newsom’s office has encouraged Attorney General Rob Bonta’s office, which has independent authority to file such suits, to find a resolution out of court."
‘Premium entertainment lounge’ proposed for 100 Block of W. Yosemite Ave.
The Manteca Planning Commission will consider a conditional use permit for a “premium entertainment lounge” in downtown when they meet Thursday at 6 p.m.
MLB rumors: Bombshell Cubs-Mariners trade floated before deadline
The Cubs' relentless hunt for a starting pitcher on the trade market could lead them straight to a blockbuster deal with the Mariners.
Trump Administration Plans to Upend Head Start by Deregulating It
The White House tried but failed to block funding for preschool for poor children. Instead, it will seek to strip away standards on health, literacy — and brushing teeth.
DHS blocks 43 Chinese companies from conducting business in the United States in historic move
The companies are blocked from importing products to the United States.
Liberal court stuns with ruling that hands Trump major immigration win
A liberal-leaning First Circuit panel reversed two district court orders blocking Trump's TPS termination for South Sudan and Ethiopia migrants.
SWFL medical device firm, after raising $50M, aims for profitability
Catalyst OrthoScience, in the ongoing effort to turn a profit, leans on market timing and tweaking its products based on surgeons' feedback.
UC San Diego expert available: The business of Hollywood—from Toy Story to the Paramount-Warner merger
As Hollywood continues to reshape itself through blockbuster franchises and industry consolidation, UC San Diego associate professor of communication Shawna Kidman is available to provide context on the forces transforming the entertainment business. Kidman studies media industries, intellectual property, mergers and acquisitions, and the business strategies behind Hollywood's biggest successes. Her research examines how companies build enduring franchises, why media consolidation matters to co
Single-lane traffic, blocked Las Vegas Arts District storefronts push some owners to breaking point
Las Vegas Arts District business owners say a flood control project on Charleston Boulevard has blocked storefronts and slashed revenue.
Ryan Gosling's family-first philosophy reshaped his Hollywood career: experts
From "Barbie" to "Ghost Rider," Ryan Gosling's pivot toward blockbuster franchises traces back to a deliberate family-first philosophy he embraced as a dad.
3 Blockbuster Trade Targets Phoenix Suns Should Monitor
As Phoenix navigates a pivotal crossroads, targeting high-impact stars like Zion Williamson and Anthony Davis could bridge the gap between developing youth and maximizing Devin Booker’s prime.
This Desktop Bitcoin Miner Turns Curiosity Into a Business Talking Point
The BlockChance Bitcoin Ticket Super Miner lets entrepreneurs explore blockchain technology firsthand for $49.99.
The new "science golden age" looks suspiciously like a grift
This edition of PN is made possible by paid subscribers. Become one ⬇️ 🚀 Subscribe to PN 🚀 The Trump regime is trying to usher in a “Golden Age in Science” where scientific research is run like a Trump family business, artificial intelligence is all that matters, profit is everything, and expertise is for chumps. Or at least that’s the vision emerging from a new 123-page “Report to the President” from Michael Kratsios, the Director of the White House Office of Science and Technology Policy. In a normal administration, you could probably skip over learning about a science policy document — but this is no normal administration, and this is no normal science policy document. Instead, it’s Trump’s attempt to end the actual golden age of science that was kicked off in 1945 with the publication of '“The Endless Frontier” by Vannevar Bush. [ ](https://www.publicnotice.co/p/harmeet-dhillon-portland) [ Harmeet Dhillon demonstrates danger of posting through it ](https://www.publicnotice.co/p/harmeet-dhillon-portland) Liz Dye · Jul 29 [ Read full story ](https://www.publicnotice.co/p/harmeet-dhillon-portland) Bush, at President Franklin Delano Roosevelt’s request, laid out a vision of federal support for science that centered on funding universities to do basic research, saying that as long as those institutions were “vigorous and healthy and their scientists are free to pursue the truth wherever it may lead, there will be a flow of new scientific knowledge to those who can apply it to practical problems in Government, in industry, or elsewhere.” Kratsios’s report is supposed to be the successor to Bush’s, and even apes the format, but this isn’t really a document about science policy. It’s one about ending science research as we know it in favor of shoveling cash at big tech companies. While it might be temping to wave this away as an aspirational policy document, Trump has already begun to shift billions in research funds to AI projects and has taken a hatchet to science funding across the board. He’s teed up the shift Kratsios proposes here, and since neither Congress nor the Supreme Court seem inclined to stop him from doing whatever he wants with taxpayer money, it isn’t doomering or hyperbole to say we are staring down the barrel of a world where the only “science” the government intends to support is for-profit tech and defense advancements. Science for dummies Part of how you can tell this isn’t a document about science is that you are immediately faced with an absolute wall of business-speak of the worst sort. Did you know we must “tightly couple our science and technology enterprises to ensure that groundbreaking ideas invented in the United States are rapidly prototyped, tested, manufactured, and scaled domestically”? You do now! That tone isn’t surprising, because Kratsios has no background in science or research. He has a bachelor’s in political science and spent most of his career working for Peter Thiel at Thiel Capital. After a stint in the first Trump administration as Chief Technology Officer, where he also did not do any science, Kratsios was tasked in 2020 with overseeing the Pentagon’s research budget for a brief time, a position that, as the Wall Street Journal put it, “carries a great deal of power in terms of dictating investment allocations.” He spent the Biden years at Scale AI as “head of strategy,” which you will also note is neither a science nor a research job. But Scale AI has contracts with the Department of Defense and, as the Washington Post wrote in 2023, “has been aggressively pitching itself as the company that will help the US military in its existential battle with China.” And now you have the necessary background for our new golden age, which is going to be a golden age of taking money away from scientists and universities and giving it to companies like Scale AI. A note from Aaron: Working with brilliant contributors like Lisa takes resources. If you aren’t already a paid subscriber, please become one to support our work. 👇 Subscribe In a genuinely galling move, Katsios spends a lot of time slamming universities because of “administrative burdens on researchers” and the “well-documented inefficiencies” in academia, the message being that those damn universities waste the time of amazing researchers with paperwork. Except it’s the administration that is attempting to impose inefficient, unnecessary burdens on those researchers with a proposed Office of Management and Budget rule that would require senior political appointees to approve every science grant and ensure it aligns with Trump’s personal priorities. Researchers would also have to seek prior government approval to attend conferences or publicize their research. And political appointees could terminate any grant at any time if they feel like it. [ ](https://www.publicnotice.co/p/omb-rule-science-funding) [ The murder of expertise ](https://www.publicnotice.co/p/omb-rule-science-funding) Lisa Needham · Jun 11 [ Read full story ](https://www.publicnotice.co/p/omb-rule-science-funding) But when it comes to AI, we’re going to “restore permissionless innovation.” The report proposes to give lucky ducky innovators a pile of cash up front for grants lasting five years or longer, saying “awards should be fully-funded in year one, with all resources earmarked upfront, to minimize administrative burdens and reduce pressure for researchers to generate intermediate results to secure continued funding.” Yeah, wouldn’t want to have to make the Very Special Tech Bros show results or get money parceled out year by year like the plebes at universities. The report also proposes that we should have “fast grants” with “simplified applications requiring just a few pages of writing” because that is definitely how science works, just writing a bit off the dome and getting some cash. [ ](https://www.publicnotice.co/p/trump-ai-action-plan-altman-llms) [ Tech elites are turning AI into ChatGPTrump ](https://www.publicnotice.co/p/trump-ai-action-plan-altman-llms) Paul Waldman · July 29, 2025 [ Read full story ](https://www.publicnotice.co/p/trump-ai-action-plan-altman-llms) Oh, and we should have prizes and challenges, where multiple teams compete. The proposed prizes include incentives like “advance procurement commitments,” which means the federal government agrees to buy whatever is being developed. There’s also “regulatory fast-tracking,” making sure all those great AI thingies don’t have to wait too long to be unleashed on a market. These aren’t incentives to do science. These are incentives to develop things with tax dollars that you can then sell to the government for more tax dollars. In the suggestion that might be the most unhinged, the most very opposite of how both government and research work, our new age will include “golden tickets.” That’s where an individual reviewer in an agency — yes, just one person — can “recommend unconventional proposals that may not pass consensus-driven review panels” because somehow this will “surface valuable ideas too divisive for committees and attract higher quality reviewers by empowering them to exercise independent scientific judgment.” Yes, that’s saying that a random person in an agency should be able to shovel money at some idea even if it can’t pass a review panel, and that the opportunity to do so will attract better employees because apparently all the best minds in science are chomping at the bit to be allowed to unilaterally fund AI research based on their personal vibes. But that isn’t at all how actual science works, and actual scientists aren’t unhappy about review panels. They work collaboratively, not siloed in some secret race to create the next AI chatbot. A 2020 study by the National Bureau of Economic Research examined whether peer review panels succeed in helping agencies predict which research ideas will best advance science. Peer review was better at finding “diamond in the rough” applicants than a single government program official. How about that. Trump always wants a taste It’s painfully clear that what Katsios is trying to do here is turn the whole of government science research and funding into the sort of “move fast and break things” paradigm that is the hallmark of big tech. That method works to line the pockets of tech executives, but it isn’t science. There’s a reason the government funds different kinds of research than private tech companies do. What Katsios either fails to understand or deliberately ignores is that the federal government is the main funder of basic research precisely because it can take a long time for it to bear fruit and is not intended to be profitable as such. “Basic” here does not mean rudimentary or simple, but rather research that is designed to advance scientific knowledge instead of achieving a specific outcome or product. Big tech companies don’t widely fund that sort of research, because it doesn’t make them money. Industry dollars account for only about 20 percent of basic research funding, while the government contributes around 60 percent. Big tech companies and startups do, however, rely on and benefit from that basic research. A 2019 study found that 35 percent of all patents obtained by venture-backed startups from 1976 to 2016 cited federally supported research. Basic research funded by the NIH contributed to every single drug the FDA approved from 2010 to 2016. [ ](https://www.publicnotice.co/p/trump-saudi-nuclear-deal) [ The Saudi nuclear farce and governance by whim and meme ](https://www.publicnotice.co/p/trump-saudi-nuclear-deal) Noah Berlatsky · Jul 27 [ Read full story ](https://www.publicnotice.co/p/trump-saudi-nuclear-deal) Unlike inventing the next ChatGPT, actual science is slow and iterative. Government funding of research that, on its face, would not appear to lead to any big new invention is actually what underpins those big new inventions. If the government hadn’t funded research into desert lizard venom, we wouldn’t know about semaglutide, and we wouldn’t have Ozempic. If research scientists hadn’t studied how bees optimize nectar foraging within a colony, we wouldn’t have the algorithm that assigns internet traffic across computer servers. The report assiduously ignores that a symbiotic, profitable relationship between the federal government, universities, and private companies already exists. Each federal research dollar generates about $1.50 to $3.00 in long-term economic benefits. The $36 billion the government awarded in NIH research funding in fiscal year 2025 generated $94 billion in new economic activity. Trump’s proposed new golden age is intended to strip those billions from universities, resulting in the dismantling of departments and the shuttering of labs. But Katsios has a plan for that: Universities should just become trade schools to churn out no-show STEM degrees! “Require universities and community colleges to embed practical technical training and externships into STEM curricula. Let hands-on experience and industry credentials count toward degrees.” It’s quite the feat to, on the one hand, strip schools of funding for scientific research while simultaneously demanding to control what is taught and, oh, also, colleges need to give degrees to employees at big tech companies just for being employees at big tech companies. The new golden age would also exacerbate the brain drain Trump’s policies have already caused. Nature found that in the first quarter of 2025, US scientists submitted 32 percent more job applications abroad than in 2024. A March 2025 poll by Nature of roughly 1,600 scientists found that over 1,200 said they were considering leaving the country. Europe is investing $565 million to make it a “magnet for researchers” and provide funding for scientists who relocate. The new golden age is also about embedding Trump’s xenophobia into the fabric of American science. The report complains of an “over-reliance on foreign students” that “creates a security challenge our institutions are ill-equipped to address” and that a “reliance on foreign talent sidelines American students.” This is, to put it mildly, nonsense. International students pay far higher tuition and often receive no financial aid. Their tuition dollars are what make it possible for American students to get financial aid. In the 2023-2024 school year alone, international students contributed $43.8 billion to the US economy and supported over 378,000 jobs. Those 1.1 million international students accounted for only six percent of the total number of students in higher education that year, but were such an economic engine that for every three international students, one job was created or supported. It’s impossible not to wonder whether part of Trump’s loathing for universities and their leading role in scientific research is that there is no way for him to corrupt the process and make money off it in the same way he can by giving millions and billions to Silicon Valley types who, in turn, give him millions in cash. There’s no way for his children to invest in universities that the government then gives no-bid contracts to, fattening the family’s bottom line, which is pretty much the Trump sons’ current venture capital practice. Trump and Katsios’s view of science is narrow, cramped, and wrong. We’re not in a crisis, we’re not a failed state. We’ve been a science superpower for decades, and the only thing that threatens that is Donald Trump. Tech bros are already living high off the hog in this administration. They don’t need any more of our tax dollars. Hopefully this new golden age never comes to pass. Thanks for reading Public Notice. This post is public so feel free to share it. Share We’ll be back with more tomorrow. If you appreciate today’s PN, please do your part to keep us free by signing up for a paid subscription. 🚀 Subscribe to PN 🚀 Thanks for reading, and for your support.
Yankees Showing Interest in $38 Million Pitcher Before Trade Deadline
The New York Yankees took a look at Mets pitcher Clay Holmes, who is expected to hit the trade block. The post Yankees Showing Interest in $38 Million Pitcher Before Trade Deadline appeared first on HEAVY.
Chemical mix-up leads to hazmat response at Huntington Beach business
A hazardous materials team responded to what appeared to be a chemical mix-up that caused a reaction Wednesday morning at a business in Huntington Beach. The business in the 15200 block of News Boy Circle was evacuated after firefighters and hazardous materials experts responded to the property. Authorities said a chemical was mixed into another chemical in a 55-gallon drum,…
BNY Adds Blockchain Capabilities to Transfer Agency Business
Banking giant BNY is bringing blockchain technology to its transfer agency business. The bank on Wednesday (July 29) unveiled its digital transfer agency
Senators Cornyn and Tillis Threaten to Block Blanche Nomination Over Trump’s IRS Deal
Senators John Cornyn and Thom Tillis accused the attorney general nominee of refusing to put on paper his promise to kill aspects of the deal he cut to settle President Trump’s suit against the agency.
Prosecutors say Charlie Kirk was attacked for his politics, US judge blocks Houston's minority contracting program and more ➡️
☀️ Good morning from The Legal File! Here is the rundown of today's top legal news: 📝 EEOC stopped hearing federal workers' class action cases, union claims in lawsuit REUTERS/Andrew Kelly The U.S.
SoLa and Live Nation train entertainment's next generation
South Los Angeles youth planned the 2026 Beehive Block Party through the SoLa Live Accelerator, a partnership program between the SoLa Foundation and Live Nation that trains aspiring live entertainment professionals.
Willy Street businesses impacted as protests block customer traffic
MADISON — Restaurants and shops along Willy Street have had to adjust how they operate as customer traffic has gone down following protests that erupted after a police shooting on
Blockbuster Broncos Trade Called NFL’s ‘Most Impactful’ Offseason Move
ESPN's Matt Bowen called the Denver Broncos trading for Miami Dolphins WR Jaylen Waddle the NFL's "Most Impactful" offseason move. The post Blockbuster Broncos Trade Called NFL’s ‘Most Impactful’ Offseason Move appeared first on HEAVY.
Could Declining Cable TV Business Undo Paramount-WBD Merger?
The cable TV business is flailing, but it is one of three areas flagged as potential monopolies in a lawsuit looking to block a Paramount-WBD merger.
Scientists cut and rebuild molecules from the inside to create new chiral nanocarbons
Nanocarbons are molecular-scale carbon structures considered to be the building blocks for next-generation materials. Until now, scientists have built them by fusing small, flat carbon molecules together ...
Mets Could Implement Bold Blueprint for Potential Sean Manaea Blockbuster
New York Mets veteran left-hander Sean Manaea does not seem like a valuable trade chip. Buried in the rotation due to a youth push and his own rough season, the southpaw still could command a decent yield in a trade. Is it considered a smart move by general manager David Stearns or a salary dump […] The post Mets Could Implement Bold Blueprint for Potential Sean Manaea Blockbuster appeared first on HEAVY.
Antibiotic recalled after cardboard particles found in solution
Patients given the drug in question could face an increased risk of blood vessel blockages or inflammation.
Nanoleaf’s colorful pegboard and shelf kit is half off
They sync with movies, games, and music too.
iOS 26.6 now available for iPhone with these changes
iOS 26.6 is now available for iPhone with security fixes, a Spotlight upgrade for iOS 27, and a new blocked contacts alert.
The Latest: Appeals court upholds injunction that blocks Trump’s order to create federal voter list
A federal appeals court has upheld a ruling that halted President Donald Trump’s executive order to create a federal list of eligible voters and limit delivery of mail ballots only to people on that list. The ruling over the weekend rejected the Trump administration’s effort to move forward with ...
Everything You Need to Know Before Installing the iOS 26.6 Update
iOS 26.6 introduces new security enhancements and caps blocked contacts at 500. Read how this expected update prepares your iPhone for the upcoming iOS 27.
I’m a doctor. Here’s why I wear sunblock indoors.
Plus, four tips for buying an effective sunscreen.
China's CXMT becomes most valuable mainand stock after IPO surge
Chinese memory-chip maker CXMT became the mainland's most valuable listed company, overtaking ICBC after its blockbuster IPO.
REPORT: Browns Exploring Edge Rusher Additions Ahead of Camp
After the blockbuster trade of Myles Garrett, Cleveland Browns GM Andrew Berry is hunting for a veteran defensive end to solidify a new-look front before training camp commences.
'We're coming to them': Hill District block party offers free health screenings amid summertime fun
There was an unusual buzz in the parking lot beside the Hillcrest Seventh-day Adventist Church in the Hill District Sunday morning. Flocks of children...
This Phoenix Suns’ offseason could be their most important yet
PHOENIX — The Phoenix Suns’ offseason won’t be remembered for a blockbuster headline. Instead, it has been defined by a collection of moves that showcase an organization looking to build something more enduring than a roster assembled through star power alone.
$70 for a popcorn bucket? Movie theaters are seeing big business with blockbuster collectables
AMC, the world’s largest theater chain, estimates it will see $100 million in revenue this year alone from its collectable popcorn buckets.
US appeals court upholds injunction that blocks Trump's order to create a federal voter list
A federal appeals court has upheld a judge's ruling that halted President Donald Trump's efforts to create a federal voter list and limit who can receive a mail ballot.
$70 for a popcorn bucket? Movie theaters are seeing big business with blockbuster collectables
AMC, the world’s largest theater chain, estimates it will see $100 million in revenue this year alone from its collectable popcorn buckets.
Collectable popcorn buckets are big business for movie theaters
Theaters that are always in search of revenue streams have clearly hit upon a winner in those very lucrative collectable popcorn buckets that seem to be ubiquitous with blockbuster movies. KTLA's David Lazarus explains.
$70 for a popcorn bucket? Movie theaters are seeing big business with blockbuster collectables
AMC, the world’s largest theater chain, estimates it will see $100 million in revenue this year alone from its collectable popcorn buckets.
$70 for a popcorn bucket? Movie theaters are seeing big business with blockbuster collectables
AMC, the world’s largest theater chain, estimates it will see $100 million in revenue this year alone from its collectable popcorn buckets.
Coming Home: Save the Business Block - Palisadian-Post
In the center of town, the arches stand. They are a Rorschach test. I do not see an eyesore, not in a town where so many properties are on the long journey to becoming something beautiful, even if their current state is “waiting and fenced.” We are in the planning stages, the imagining stages. When… Keep reading
Appeals Court Upholds Blocks on Trump Order Restricting Mail Voting
The ruling on Saturday was the latest rebuke to President Trump’s attacks on mail-in voting. The government says it may take the case to the Supreme Court.
Who stands to benefit from ESPN’s recent wave of departures?
This originally appeared in Thursday morning’s edition of The A Block, Awful Announcing’s daily newsletter with the latest sports media news, commentary, and analysis. Sign up here and be the first to know everything going on in the sports media world. ESPN’s summer layoffs opened up real estate across nearly every NFL show the network runs,…
The White House’s MAHA Gatekeeper
A policy wonk who could lead the FDA has angered “Make America Healthy Again” activists.
Report: Apple to Launch Lease Program, With a Catch
Almost all apps could be blocked if users miss payments, according to 9to5Mac
Ranking Members Markey, Velázquez Push to Roll Back Trump Administration’s Discriminatory SBA Lending Policy that Blocks Immigrant Entrepreneurs from Pursuing the American Dream
Bicameral resolution would rescind Trump administration policy banning green card holders from accessing SBA loans Resolution Text (PDF) | One-Pager (PDF) (Washington, July 23) – Ranking Member Edward J. Markey (D-Mass.) and House Small Business Committee Ranking Member Nydia M. Velázquez (D-NY-7) today introduced a Congressional Review Act (CRA) resolution to rescind the Trump administration’s policy that bans green card holders from accessing essential Small Business Administration (SBA) loans to start and grow their businesses and invest in Main Streets nationwide. Trump’s SBA restrictions buck decades of precedent, attacking immigrant small business owners who are lawfully in the U.S. with no justification. The Trump administration’s green card holder ban is the most recent escalation of SBA’s draconian citizenship restrictions that are killing jobs and putting the American Dream further out of reach for entrepreneurs. In Fiscal Year 2025, the SBA made an estimated $5.7 billion in loans to green card holders, which supported more than 80,000 American jobs. Ranking Member Markey’s introduction of the CRA resolution follows his introduction of the Investing in the American Dream Act alongside Ranking Member Velázquez earlier this year. The Investing in the American Dream Act would roll back the SBA’s draconian lending restrictions and restore previous SBA lending policies for immigrant entrepreneurs lawfully in the U.S., including green card holders, refugees, and asylees. More than 100 organizations have called for the passage of the legislation and over 60 Massachusetts state legislators have raised concerns about the impact of the citizenship restrictions in their local communities. “Once again, Donald Trump is shutting hardworking immigrants out of the American Dream with his discriminatory and dangerous policies, fear tactics, and violent rhetoric. The anti-small business lending requirements implemented by Trump’s SBA won’t Make America Great Again—they are Making America Hate Again,” said Ranking Member Markey. “I am fighting every single day to roll back Trump’s brazen attempt to steal the American Dream from entrepreneurs in Massachusetts and across the country who enrich our communities, strengthen our Main Streets, and create jobs in the United States.” “Starting and owning your own business is one of the pillars of the American Dream. Under the Trump Administration, the SBA has sought to deny immigrant small business owners and entrepreneurs that dream by preventing them from accessing the capital they need to grow and scale their businesses. Not only is this policy cruel, but it is also self-defeating and holds our country back economically. As Ranking Member of the House Small Business Committee, I will do everything in my power to reverse this terrible policy,” said Ranking Member Velázquez. Massachusetts state legislators applauded Ranking Member Markey’s actions and emphasized the critical contributions of green card holders to Bay State communities and the Commonwealth’s economy. "Green card holders are our neighbors, workers, entrepreneurs, and taxpayers,” said Massachusetts State Senator Adam Gómez (D-Springfield), Senate Chair of the Joint Committee on Community Development and Small Businesses. “They open restaurants, launch small businesses, create jobs, and contribute every day to the economic strength of Massachusetts. Denying lawful permanent residents access to SBA loan programs doesn't make our economy stronger—it makes it harder for small businesses to succeed. I support this resolution because opportunity should never be limited by unnecessary barriers that prevent hardworking people from investing in their communities and pursuing the American dream." “Senator Markey’s CRA Resolution provides a valuable moment for our federal leaders to show their commitment to small businesses and the American Dream,” said Massachusetts State Representative Andy X. Vargas (D-Haverhill), House Chair of the Joint Committee on Community Development and Small Businesses. “The SBA’s recent policy restricting lawful residents from accessing the popular 7(a) and 504 programs has shut out some of the most entrepreneurial and hard-working members of our community from much-need capital. In Massachusetts, these programs have invested millions of dollars into small businesses owned by green card holders, supporting thousands of jobs. This should not be a partisan issue. People who worked hard, have legal status, and contribute so much to their communities via employment and economic impact don’t deserve to be in the crosshairs for political purposes. The Senator’s resolution is a step forward in restoring access to the American Dream that small business owners across the country deserve.” Several small business advocates and stakeholders voiced their support for Ranking Member Markey’s efforts to roll back Trump SBA’s discriminatory lending rules. “Immigrant-owned businesses are the foundation of the American economy. They power our neighborhoods, provide essential services, and employ our loved ones. Yet, systemic hurdles like the Small Business Administration’s citizenship restrictions unfairly block their path to prosperity," said Elizabeth Sweet, Executive Director of the Massachusetts Immigrant and Refugee Advocacy (MIRA) Coalition. "We applaud Senator Markey’s continued leadership and look forward to a future where immigrant entrepreneurs can share their ingenuity without arbitrary restrictions that hold us all back.” “Independent restaurants have always been built by people willing to work hard, take risks, and invest in their communities. When lawfully authorized entrepreneurs lose access to the financing they need to start or grow a business, we all lose. These are the businesses creating jobs, filling storefronts, and strengthening our neighborhoods. Access to capital should help good businesses succeed, and that’s exactly what restoring these SBA loan programs would do,” said Jen Ziskin, Executive Director of Massachusetts Restaurants United. “At the Latino Economic Development Corporation, we see firsthand that access to capital transforms lives, creates jobs, and strengthens neighborhoods. Many of the entrepreneurs we serve are lawful permanent residents who have invested their savings, opened businesses, and employ local residents. Restricting access to SBA financing doesn’t just impact business owners, it limits economic opportunity for entire communities. Main Street succeeds when every qualified entrepreneur has a fair chance to grow,” said Andrew Melendez, CEO and Founder of the Latino Economic Development Corporation. "Immigrants and immigrant-owned businesses are the heart and soul of small business communities in cities and towns throughout the Commonwealth, and across America. Limiting access to these SBA loans not only sends the wrong message about immigration, it will have significant negative economic impact on our small business ecosystem,” said Keith Mahoney, Vice President of Public Affairs at the Boston Foundation. “The SBA’s recent policy changes that prevent Legal Permanent Residents, and other non-citizens from participating in any of the SBA’s valuable programs are changes that are unwelcome, immoral, and antithetical to our purpose, our mission, and our vision for Massachusetts communities and businesses. Immigrant entrepreneurs and others have expressed concern that Common Capital will ‘report them to ICE,’ so loan demand has decreased. There is no valid reason for excluding Legal Permanent Residents and other noncitizens who are lawfully present in the U.S. from accessing the SBA’s programs. Immigrant entrepreneurs start businesses, they create jobs, they support their families and their communities. Our government should be in the business of encouraging their full participation in our economy,” said Raymond Lanza-Weil, President of Common Capital. "ECCHO-Latino now represents over 400 educators and 300 microbusinesses across Massachusetts, where immigrants make up 60% of the childcare workforce. When a green card holder is ready to grow her business—from expanding her home child care to opening a center—she shouldn't be turned away by local banks simply because of federal citizenship rules. Blocking access to SBA loans kills opportunity and deepens our state's childcare crisis. ECCHO-Latino strongly supports Senator Markey and Representative Velázquez in passing this resolution to put Main Street first," said Harold Antonio Blanco, Co-Founder & Executive Director of ECCHO-Latino Inc. "This is exactly how political ideology ruins an economy. Washington has taken lawful, tax-paying entrepreneurs who live in our communities, invest in America, and hire American workers, and declared their businesses ineligible for critical financing simply because a green card holder owns even a fraction of the company. Using policies ostensibly aimed at illegal immigration to punish lawful permanent residents is nothing short of ideological overreach and economic self-sabotage. The SBA exists to help viable small businesses grow, rather than imposing nativist tests that ignore an entrepreneur’s credit history, business plan, or ability to create jobs. When the federal government closes the door on qualified entrepreneurs, they’re also closing the door on American entrepreneurship and on American workers, while handing future companies, jobs, innovation, and investment to our competitors. America should be competing to attract people who want to invest and build here, not creating arbitrary barriers that drive their talent and capital elsewhere,” said Javier Palomarez, President and CEO of the United States Hispanic Business Council (USHBC). "The U.S. Small Business Administration's decision to prohibit legal permanent residents, including green card holders, from accessing SBA-backed loans has the potential for disastrous consequences that could reverberate throughout America's economy for years to come. After all, immigrants are twice as likely to start small businesses as U.S.-born individuals. Congress must overturn rules requiring the SBA to block legal permanent residents from accessing lending resources because so many of the entrepreneurs who drive job creation in this country were born outside the United States," said John Arensemeyer, Founder and CEO of Small Business Majority. “NCRC supports the Congressional Review Act resolution to overturn SBA’s citizenship restrictions that bar green-card holders from receiving the 7(a) and 504 loans. When qualified entrepreneurs are denied access to SBA loans, all of Main Street gets hurt. Communities lose jobs. Neighborhoods lose services. Local economies lose the opportunity to build wealth and shrink disparities,” said Jesse Van Tol, President & CEO of the National Community Reinvestment Coalition (NCRC). “We cannot afford to have the American Dream out of reach for hard-working, immigrant small business owners.” “Asian Americans and Asian immigrants have been integral in building local economies. They create businesses, jobs, and opportunities in communities across the country that benefit everyone. Lawful permanent residents pay taxes, invest in their communities, and strengthen Main Street, yet the SBA's discriminatory citizenship restrictions unfairly deny them access to the same tools that help small businesses grow and succeed. We applaud congressional leaders for advancing this resolution to overturn the latest restrictions on SBA lending for green card holders, and we urge lawmakers to also pass the Investing in the American Dream Act to fully restore access to SBA loan programs for all eligible people in the United States. Ensuring that immigrant-owned small businesses have a fair opportunity to access capital is essential to building a stronger, more inclusive economy that works for all,” said Joanna Derman, Director of Anti-Profiling, Civil Rights and National Security at Asian Americans Advancing Justice (AAJC). "Immigrant-owned businesses often turn to SBA 7(a) and 504 loans because they face higher denial rates from traditional lenders,” said Imani Augustus, Director of the Center for Entrepreneurial Opportunity. "These programs provide the capital they need to expand operations, hire workers, and invest in their businesses. Reversing the ban on lawful permanent residents is a critical first step toward ensuring these financing tools are accessible to everyone strengthening their communities through entrepreneurship. We applaud this action and urge Congress to fully restore access by passing the Investing in the American Dream Act.” "Last year, nearly 5,700 SBA loans worth $5.7 billion went to businesses owned by green card holders, supporting more than 80,000 jobs. These are entrepreneurs who have put down roots here, hired their neighbors, and invested in the communities they call home. Barring them from capital doesn't protect Main Street—it starves it. What should matter is the strength of a business and its potential to grow, not the immigration status of its owner. This resolution doesn’t eliminate all the citizenship restrictions in SBA’s policy change, but it’s a step toward restoring a commonsense principle that stood for more than 30 years," said Howard Wial, Director of Research at ICIC. "I'm encouraged to see Congress moving to reopen access to capital for green card holders, a key tool for small business survival. Green card holders accounted for an estimated 5,700 SBA loans in Fiscal Year 2025, worth $5.7 billion and supporting more than 80,000 jobs across the country. That capital is often what keeps a business operating through its toughest stretches when cash flow gets tight. When qualified entrepreneurs lose access to that capital over their immigration status rather than their ability to repay a loan, it's the local economy that pays the price,” said Small Business for America's Future Co-Chair Shaundell Newsome, Founder of Sumnu Marketing. “Small businesses are the backbone of the American economy, and entrepreneurs —including green card holders — take risks every day to build businesses, create jobs, and strengthen communities. SBA loan programs should be administered with clear, consistent standards that safeguard public resources while ensuring these programs remain focused on supporting eligible entrepreneurs and job creators. This resolution responds to the opportunity to support all entrepreneurs and preserve the integrity of federally supported lending programs. We applaud the introduction of this resolution and remain committed to policies that strengthen small businesses, promote economic growth, and maintain confidence in these vital lending programs,” said Carolina Martinez, CEO of CAMEO Network. “National CAPACD wholeheartedly supports the introduction of this resolution aimed at overturning the SBA's misguided policy prohibiting immigrants from accessing the 7(a) and 504 loan programs. As a coalition, we are committed to creating systems, organizations, and societies that are fair and just. We believe we and our economy are stronger when we uplift our rich and diverse communities. Access to capital helps small businesses create jobs, build wealth, and strengthen neighborhoods. Restoring this pathway is an important first step toward ensuring immigrant entrepreneurs can continue to grow their businesses and contribute positively to our economy as a whole. We urge Congress to build on this momentum by passing the Investing in the American Dream Act, which would fully restore fair access to safe and affordable credit and uphold our commitment to a fair economy that works for everyone,” said Seema Agnani, CEO of National CAPACD. Ranking Member Markey is fighting for small business owners and immigrants that rely on SBA loans to start and run their businesses, create jobs, and contribute to their communities. In May, Ranking Member Markey highlighted the significant contributions of immigrant entrepreneurs in Massachusetts and across the country and condemned the Trump administration’s repeated attacks on immigrant communities at a Small Business Committee hearing. MIRA’s Elizabeth Sweet, who participated in Ranking Member Markey’s listening session earlier in May, provided testimony at the hearing. Also in May, Ranking Member Markey hosted a listening session at the Urban College of Boston to hear directly from several Massachusetts immigrant small business owners, lenders, and chambers of commerce how President Trump’s cruel and callous anti-immigrant policies are hurting Main Streets in the Bay State. Earlier in May, Ranking Member Markey hosted a press conference alongside Ranking Member Velázquez, Democratic lawmakers, and stakeholders to condemn the Trump administration’s harmful anti-immigrant lending policies and to introduce the Investing in the American Dream Act. In March, Ranking Member Markey released a comprehensive report detailing the harms to small business owners, workers, and consumers caused by the Trump administration’s ICE raids in communities across the country. In February, Ranking Member Markey introduced the Small Business ICE Disruption Fund Act, which would provide grants to small businesses that have been impacted by the Trump administration’s violent immigration enforcement actions on Main Streets across the United States. Earlier in February, Ranking Member Markey, Ranking Member Velázquez, Congressional Black Caucus Chair Yvette Clarke (D-N.Y.), Congressional Hispanic Caucus Chair Adriano Espaillat (D-N.Y.), and Congressional Asian Pacific American Caucus Chair Grace Meng (D-N.Y.) sent a letter urging the SBA to rescind their lending rule change that bars legal permanent residents from receiving SBA loans. Previously, Ranking Members Markey and Velázquez released a statement condemning the actions of the SBA after it announced that small businesses with legal permanent residents will be barred from receiving SBA loans. In December 2025, Ranking Member Markey and all Democratic members of the Senate Small Business Committee sent a letter to the SBA reiterating concerns with the SBA’s citizenship requirements and highlighting a drop in SBA lending volume. In September 2025, Ranking Member Markey heard directly from SBA lenders about the issues with the citizenship verification requirements. In July 2025, Ranking Members Markey and Velázquez sent a letter to the SBA expressing serious concerns with the agency’s new, draconian citizenship verification requirements that require small businesses seeking SBA loans to be 100% owned by U.S. citizens, nationals, and legal permanent residents. SBA has not responded to the letter. ###
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