The U.S. Small Business Administration (SBA), under the leadership of Administrator Kelly Loeffler, has announced a major initiative to cut $100 billion in federal regulations impacting small businesses and manufacturers as part of President Donald Trump’s “Made in America” Manufacturing Initiative.
The initiative aims to revitalize U.S. manufacturing, eliminate burdensome regulations, and make it easier for small businesses to succeed.
During a visit to Aerodyn Engineering in Indianapolis, Indiana, Loeffler was joined by Governor Mike Braun, Senator Todd Young (R-IN), and Senator Jim Banks (R-IN) to unveil the initiative.
“Today isn’t just a policy rollout; it’s a promise,” Loeffler declared. “We know that red tape disproportionately impacts manufacturers, and that ends today.”
The initiative, inspired by President Trump’s commitment to return jobs to American soil, will cut outdated and excessive regulations that small manufacturers have long struggled with. Loeffler made it clear that the federal government has overregulated small businesses, and the new administration intends to reverse that damage.
Governor Mike Braun, a staunch advocate for reducing government overreach, praised the plan. “When it comes to regulation, government being over the top, there’s a lot of room for improvement,” Braun stated. He emphasized that cutting unnecessary regulations will encourage job growth and economic expansion in the manufacturing sector.
David Lawrence, the founder of Aerodyn Engineering, welcomed the initiative, highlighting that overregulation has been a major burden for small businesses like his. Aerodyn Engineering specializes in helping Fortune 100 companiesdevelop new aerospace products. However, Lawrence revealed that the biggest challenge they face is hiring and training new recruits.
“We need to hire people, we need to train people, so all of those benefits will help right away,” Lawrence said. The removal of excessive regulations will give small businesses the freedom to grow, invest in innovation, and hire more American workers.
As part of the initiative, the SBA will:
- Slash $100 billion in burdensome federal regulations.
- Create a red tape hotline where small businesses can report obstructive regulations.
- Reduce barriers to capital, allowing businesses to access loans and funding more easily.
- Establish a new Office of Manufacturing to ensure federal agencies prioritize American-made manufacturing.
Senator Jim Banks (R-IN) reaffirmed his support for the initiative, praising the Trump administration for putting American jobs and small businesses first.
“I’m proud to stand with Kelly Loeffler, President Trump, and this administration to return these jobs back to America,” Banks said. He emphasized that the initiative would create thousands of jobs and revitalize U.S. manufacturing, which had been crippled by excessive regulations under previous administrations.
Senator Todd Young (R-IN) echoed those sentiments, stating, “Kelly’s going to do a great job, and we should be encouraged and proud of the fact that one of her very first visits as SBA Administrator was to support manufacturing here in Indiana.”
The SBA will now conduct a series of listening sessions across Indiana to identify the most damaging regulations that need to be cut. Additionally, the agency is preparing a comprehensive report that will prioritize the elimination of harmful regulations affecting manufacturers and small businesses.
This move is being hailed as a massive victory for small businesses and a clear sign that the Trump administration is serious about strengthening American manufacturing. By cutting $100 billion in federal regulations, the initiative will bring jobs back to America, empower small businesses, and reignite the U.S. manufacturing sector.
