In 2023, the SBA cut lending fees to expand access to borrowers. Now it’s losing money on its flagship program.

"Moving workers from the D.C. region out to places like Iowa and other places across the country, there would be a big logistics cost," said Chris Edwards.

It was a busy week in Washington for representatives and senators representing Johnson County at the U.S. Capitol.

President Donald Trump’s expert cost-cutters in Elon Musk's Department of Government Efficiency will next target the Pentagon ...

The Small Business Administration’s 7(a) loan program lost hundreds of millions of dollars in 2024, according to documents ...

Sen. Joni Ernst, R-Iowa, chairwoman of the Senate Small Business Committee, said during the same hearing the SBA was in need of “substantial reforms” and that she was working to “rightsize ...

No Apple Watch. In a photo with Senator Joni Ernst published in October 2024? No watch. That time he mumbled his way through ordering donuts? Not a watch in sight. Poring over too many photos of ...

President Donald Trump’s order Sunday night to stop minting billions of pennies annually potentially comes with some unexpected costs. Most Read from BloombergNice Airport, If You Can Get to It: No ...

Elon Musk, Trump's co-president, says he wants to shut down the Voice of America, which Arizona's Kari Lake was to head.

Sen. Joni Ernst (R-Iowa), who is also up for reelection next year, initially said she wasn’t ready to support Hegseth in a Dec. 5 interview on Fox News. That ambivalence was met by a strong ...

Joni Ernst. That looked to all the world like a cheap MAGA tactic to frighten a skeptical-sounding Ernst into getting on board with Trump’s pick for secretary of Defense. And it was. And it worked.