- The Small Business Administration (SBA) has launched a new initiative focused on streamlining federal regulations.
- This initiative specifically targets regulations put in place during the Biden administration.
- The targeted regulations are reported to have generated $6 trillion in compliance costs.
- These costs have significantly impacted American families and small businesses across the nation.
- The new initiative aims to reduce regulatory burdens and support small firms in managing compliance expenses.
Source: https://www.foxnews.com/politics/small-business-administration-unveils-new-initiative-roll-back-federal-regulations)
