Oversight

Chairmen Ask Why Agency Failed to Issue Required Reports Two Years in a Row WASHINGTON – House Small Business Committee Chairman Steve Chabot (R-OH), joined by House Oversight and Government Reform Committee Chairman Jason Chaffetz (R-UT), today demanded answers from the Office and Management and Budget (OMB) about its failure to submit required annual reports to Congress on the federal government’s efforts to reduce the paperwork burden on individuals and small businesses. OMB failed to issue ... Read more

WASHINGTON - House Small Business Committee Chairman Steve Chabot (R-OH) made the following statement after a federal judge enjoined President Obama’s controversial executive order imposing costly new rules on how employers pay overtime to their workers. The nationwide preliminary injuction delays the December 1st implementation deadline, giving small employers more time to plan for and fight back against the burdensome new mandate. “Judge Mazzant’s injunction is a victory for America’s 28 milli... Read more

WASHINGTON - House Small Business Committee Chairman Steve Chabot (R-OH) has demanded regular updates from Wells Fargo after the company admitted that thousands of accounts owned by small businesses were harmed by the improper sales practices of Wells Fargo employees. Chairman Chabot’s letter is a follow-up to official inquiries the Committee made last month to both Wells Fargo and the Small Business Administration (SBA) to determine the scandal’s impact on any Wells Fargo accounts associated w... Read more

Click image to watch video of Chairman Chabot's floor speech WASHINGTON - House Small Business Committee Chairman Steve Chabot (R-OH) today praised House passage of H.R. 5982, the Midnight Rules Relief Act, bipartisan legislation to give Congress the power to stop, with one vote, all last minute regulations issued by the Obama administration. "Over the last eight years, the Obama administration has gone on a regulatory rampage," Chairman Chabot said in his speech on the House floor. "For each y... Read more

WASHINGTON – House Small Business Committee Chairman Steve Chabot (R-OH) and Ranking Member Nydia Velázquez (D-NY) led a bipartisan group of lawmakers in asking Health and Human Services Secretary Sylvia Matthews Burwell to review new Medicare regulations that may harm small medical laboratories and the senior citizens they serve. The letter was signed by several members of the Small Business Committee in response to concerns over the Department of Health and Human Services implementation of the... Read more

Wells Fargo CEO Resignation Not Enough By Chairman Steve Chabot (R-OH) CNBC Opinion If Wells Fargo truly considers the resignation of CEO John Stumpf to be a first step towards regaining the trust of America's entrepreneurs, then there are countless more steps they must take to correct the damage their employees did to millions of Americans by creating fraudulent accounts in their names. As chairman of the House Small Business Committee, I have no higher priority than making sure that America's... Read more

WASHINGTON - House Small Business Committee Chairman Steve Chabot (R-OH) made the following statement on the resignation of Wells Fargo CEO John G. Stumpf: “Mr. Stumpf’s resignation is a first step but there are countless more steps Wells Fargo must take to correct the damage their employees did to millions of Americans by creating fraudulent accounts in their names without their permission. The egregious nature of these actions cannot be overstated. The next step should be for Wells Fargo to fu... Read more

Small Businesses May Have Been Penalized for Accounts They Never Opened WASHINGTON –Today, House Small Business Committee Chairman Steve Chabot (R-OH) sent letters to Maria Contreras-Sweet, the Administrator of the U.S. Small Business Administration (SBA), and John G. Stumpf, the Chairman and CEO of Wells Fargo, pressing for information about how small businesses may have been harmed by fraudulent accounts created by Wells Fargo employees. Wells Fargo is the single largest participant in SBA’s ... Read more

Small Contractors Say New Red Tape Pushing Them Out of Markets WASHINGTON – Today members of the small business community told Congress that President Obama’s executive orders are preventing small businesses from competing for federal contracts, raising costs for the taxpayers while killing jobs and economic growth. Today’s joint hearing of two subcommittees of the House Small Business Committee comes as House Republicans are offering a policy agenda to reduce the regulatory burden on small bus... Read more

Chairman Chabot Says Congress Must Approve Changes to Program WASHINGTON – House Small Business Committee Chairman Steve Chabot (R-OH) today expressed concern that the Small Business Administration (SBA) has failed to improve a federal program that aids small business development in economically distressed areas. Chairman Chabot also admonished the SBA that Congress and the Committee must approve all changes to the Historically Underutilized Business Zone or “HUBZone” program in order to ensure... Read more