Trump administration proposes expanding 'small business' label to billion-dollar companies

The Small Business Administration under the Trump administration has proposed a rule that would sharply raise the revenue cap defining a "small business," potentially allowing companies earning over $1 billion annually to qualify. The change would massively expand the pool of firms eligible for programmes designed to support smaller enterprises. Critics argue the move undermines the intent of small-business support schemes.

Similar stories

🪙 Crypto Trump pushes crypto clarity: SEC advances fundraising rules, CFTC issues warning Decrypt · 5d ago 🌍 World Trump's top economist says economy "looks amazing" as 77% of voters say it's in poor shape The Independent World · 26d ago 📈 Business Companies rush to seal bold deals under Trump's permissive regulatory climate NYT Business · 26d ago