Small Business Groups Applaud Plan to Repeal Rule that Protects Predatory Small Business Lenders
March 25, 2021
Main Street Alliance joined 325+ groups representing all 50 states and DC called for Congress to overturn a rule that helps high-cost lenders evade state interest rate limits
Main Street Alliance applauded the announcement that Senator Chris Van Hollen (D- MD), Senator Sherrod Brown (D-OH), and Congressman Jesus “Chuy” García (D-IL-4) will introduce Congressional Review Act (CRA) resolutions to eliminate a regulation enacted late last year that helps lenders charging 139% APR or more on small business loans evade state interest rate laws. The resolutions are expected to be introduced today in the Senate and tomorrow in the House of Representatives.
On 11th Anniversary of Affordable Care Act, Small Businesses Celebrate Affordability Improvements Under the American Rescue Plan
March 23, 2021
“Small businesses are celebrating the significant achievements of the Affordable Care Act over the past 11 years, including the most recent affordability and access improvements under the American Rescue Plan (ARP) that passed in early March.
The landmark healthcare bill made historic changes that brought the number of uninsured people to record lows, including millions of small business owners, ended insurers’ common practice of denying or charging more for pre-existing conditions and improved quality of coverage by establishing standard essential health benefits required by all policies, including basic services like mental health, maternity, pediatric care and prescription coverage.
Main Street Alliance joins 200 Orgs to highlight the importance of child care to economic recovery
March 23, 2021
Main Street Alliance, National Women's Law Center and numerous organizations signed and sent a letter to the administration on building a comprehensive and equitable child care and early learning system. This letter outlines our deep appreciation for the Administration’s leadership on the American Rescue Plan and offers our continued partnership and support. We offer recommendations for ensuring that equitable economic recovery efforts that prioritize child care and early learning take place moving forward. Without a child care system that works for every family, our economy will suffer in the short and long term. We look forward to working with the administration to prioritize child care and early learning as a key facet of our national economic infrastructure.
Small Businesses stand in solidarity with AAPI business owners, customers and neighbors
On the alarming rise of hate crimes against the Asian-American Pacific Islander (AAPI) community, including attacks on Asian-owned businesses, Main Street Alliance leadership had this to say:
“The member businesses of the Main Street Alliance and our fellow small business owners throughout the country are deeply disturbed and saddened by the increasing hateful rhetoric and violence aimed at our Asian neighbors and small business members. This swell of hate and fear permeating our national dialogue is dangerous, as we saw just yesterday with a deadly attack in Atlanta. We believe it must be met head-on with clear statements of principle from local business owners because we are leaders in our communities. And we urge federal agencies to swiftly implement the White House’s Memorandum Condemning and Combating Racism, Xenophobia, and Intolerance Against Asian Americans and Pacific Islands in the United States.
Small Biz Applaud Senate Introduction of For the People Act (S.1)
“The Senate has taken the next important step in supporting our democracy, and must move swiftly to pass them. The democracy reforms in the For the People Act 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.