{"id":2414260,"date":"2025-03-21T15:48:02","date_gmt":"2025-03-21T19:48:02","guid":{"rendered":"https:\/\/www.conservativenewsdaily.net\/breaking-news\/sba-to-cut-staff-by-43-despite-plan-to-absorb-student-loans-washington-examiner\/"},"modified":"2025-03-21T15:48:02","modified_gmt":"2025-03-21T19:48:02","slug":"sba-to-cut-staff-by-43-despite-plan-to-absorb-student-loans-washington-examiner","status":"publish","type":"post","link":"https:\/\/www.conservativenewsdaily.net\/breaking-news\/sba-to-cut-staff-by-43-despite-plan-to-absorb-student-loans-washington-examiner\/","title":{"rendered":"SBA to cut staff by 43% despite plan to absorb student loans &#8211; Washington Examiner"},"content":{"rendered":"<aside class=\"mashsb-container mashsb-main mashsb-stretched\"><div class=\"mashsb-box\"><div class=\"mashsb-count mash-medium\" style=\"&quot;\"><div class=\"counts mashsbcount\">30<\/div><span class=\"mashsb-sharetext\">SHARES<\/span><\/div><div class=\"mashsb-buttons\"><a class=\"mashicon-facebook mash-medium mash-nomargin mashsb-noshadow\" href=\"https:\/\/www.facebook.com\/sharer.php?u=https%3A%2F%2Fwww.conservativenewsdaily.net%2Fbreaking-news%2Fsba-to-cut-staff-by-43-despite-plan-to-absorb-student-loans-washington-examiner%2F\" target=\"_top\" rel=\"nofollow\"><span class=\"icon\"><\/span><span class=\"text\">Facebook<\/span><\/a><a class=\"mashicon-twitter mash-medium mash-nomargin mashsb-noshadow\" href=\"https:\/\/twitter.com\/intent\/tweet?text=&amp;url=https:\/\/www.conservativenewsdaily.net\/breaking-news\/?p=2414260&amp;via=ConservNewsDly\" target=\"_top\" rel=\"nofollow\"><span class=\"icon\"><\/span><span class=\"text\">Twitter<\/span><\/a><a class=\"mashicon-subscribe mash-medium mash-nomargin mashsb-noshadow\" href=\"#\" target=\"_top\" rel=\"nofollow\"><span class=\"icon\"><\/span><span class=\"text\">Subscribe<\/span><\/a><div class=\"onoffswitch2 mash-medium mashsb-noshadow\" style=\"display:none\"><\/div><\/div>\n            <\/div>\n                <div style=\"clear:both\"><\/div><\/aside>\n            <!-- Share buttons by mashshare.net - Version: 4.0.47--><p class=\"readmore\">\n    <button onclick=\"showReadMore()\" id=\"readmorebtn\">Read more&#8230;<\/button>\n<\/p>\n<hr id=\"line\">\n<span id=\"more\"><\/p>\n<p><?xml encoding=\"utf-8\" ?><?xml encoding=\"utf-8\" ?><?xml encoding=\"utf-8\" ?><?xml encoding=\"utf-8\" ?><?xml encoding=\"utf-8\" ?><?xml encoding=\"utf-8\" ?><\/p>\n<div class=\"tdb-block-inner td-fix-index\"><span class=\"tdb-mobile-menu-button\"><i class=\"tdb-mobile-menu-icon td-icon-mobile\"><\/i><\/span><\/div>\n<div class=\"tdb-block-inner td-fix-index\"><span class=\"tdb-header-search-button-mob dropdown-toggle\" data-toggle=\"dropdown\"><i class=\"tdb-mobile-search-icon td-icon-search\"><\/i><\/span><\/div>\n<div class=\"tdb-block-inner td-fix-index\"><\/div>\n<div class=\"tdb-block-inner td-fix-index\"><span class=\"tdb-mobile-menu-button\"><i class=\"tdb-mobile-menu-icon td-icon-mobile\"><\/i><\/span><\/div>\n<div class=\"tdb-block-inner td-fix-index\">\n<div class=\"tdb-drop-down-search\" aria-labelledby=\"td-header-search-button\">\n<div class=\"tdb-drop-down-search-inner\">\n<form method=\"get\" class=\"tdb-search-form\" action=\"https:\/\/www.washingtonexaminer.com\/\"><\/form>\n<div class=\"tdb-aj-search\"><\/div>\n<\/div>\n<\/div>\n<p><a href=\"http:\/\/www.washingtonexaminer.com\/#\" role=\"button\" aria-label=\"Search\" class=\"tdb-head-search-btn dropdown-toggle\" data-toggle=\"dropdown\"><i class=\"tdb-search-icon td-icon-search\"><\/i><\/a><\/div>\n<div class=\"tdb-block-inner td-fix-index\"><\/div>\n<div class=\"tdb-block-inner td-fix-index\">\n<h1 class=\"tdb-title-text\">SBA to cut staff by 43% despite plan to absorb Education Department responsibilities<\/h1>\n<div><\/div>\n<div class=\"tdb-title-line\"><\/div>\n<\/div>\n<div class=\"tdb-block-inner td-fix-index\"><\/div>\n<div class=\"tdb-block-inner td-fix-index\"><\/div>\n<div class=\"tdb-block-inner td-fix-index\">\n<div id=\"Brid_1981237\" class=\"tpd-featured-video bridtv\"><\/div>\n<p>The<a href=\"https:\/\/www.washingtonexaminer.com\/tag\/small-business-administration\/\" target=\"_blank\" rel=\"noopener\" title=\"\"> Small Business Administration<\/a> plans to cut thousands of employees as part of a &ldquo;strategic restructuring&rdquo; amid the<a href=\"https:\/\/www.washingtonexaminer.com\/tag\/donald-trump\/\" target=\"_blank\" rel=\"noopener\" title=\"\"> Trump administration<\/a>&rsquo;s effort to slash the federal bureaucracy.&nbsp;<\/p>\n<p>The SBA will cut 43% of its workforce, or approximately 2,700 positions, in a move agency chief Kelly Loeffler said would &ldquo;save taxpayers more than $435 million annually by FY26.&rdquo;&nbsp;<\/p>\n<div class=\"recommended-stories\">\n<h2>Recommended Stories<\/h2>\n<ul>\n<li><a href=\"https:\/\/www.washingtonexaminer.com\/news\/white-house\/3335548\/manufacturers-invest-billions-dollars-united-states-trump-tariffs\/\">Manufacturers pledge to invest billions of dollars in US ahead of Trump tariffs<\/a><\/li>\n<li><a href=\"https:\/\/www.washingtonexaminer.com\/news\/white-house\/3355205\/trump-student-loans-small-business-administration\/\">Trump: Small Business Administration will take over student loans<\/a><\/li>\n<li><a href=\"https:\/\/www.washingtonexaminer.com\/news\/white-house\/3355271\/trump-wont-show-elon-musk-china-plans-conflict-interest\/\">Trump won&#8217;t show Elon Musk China plans due to conflict of interest<\/a><\/li>\n<\/ul>\n<\/div>\n<div class=\"article-paywall\">\n<p>The cuts<a href=\"https:\/\/www.sba.gov\/article\/2025\/03\/21\/small-business-administration-announces-agency-wide-reorganization\" target=\"_blank\" rel=\"noopener\" title=\"\"> announced<\/a> on Friday come the same day President Donald Trump said the SBA <a href=\"https:\/\/www.washingtonexaminer.com\/news\/white-house\/3355205\/trump-student-loans-small-business-administration\/\" target=\"_blank\" rel=\"noopener\" title=\"\">would take over elements<\/a> of the Department of Education.<\/p>\n<p>As the president <a href=\"https:\/\/www.washingtonexaminer.com\/policy\/education\/3354731\/linda-mcmahon-congress-eliminate-education-department-executive-order\/\" target=\"_blank\" rel=\"noopener\" title=\"\">attempts to phase out<\/a> the Education Department, the SBA will absorb federal student loan programs. It is unclear how many, if any, Education Department employees SBA will absorb as part of the restructuring. <\/p>\n<p>Loeffler&rsquo;s agency did not reply to the <em>Washington Examiner&rsquo;s<\/em> request for details.<\/p>\n<p>Loeffler announced the workforce cuts will return SBA&rsquo;s staffing levels to numbers seen under Trump&rsquo;s first term in office, saying the agency nearly doubled in size during the Biden administration. The cuts will come through a trio of actions: voluntary resignations, the expiration of COVID-era and other term appointments, and a limited number of reductions in force.<\/p>\n<figure class=\"wp-block-image size-full\"><figcaption class=\"wp-element-caption\">President Donald Trump speaks as Administrator Kelly Loeffler of the Small Business Administration, from left, Secretary of Commerce Howard Lutnick, Treasury Secretary Scott Bessent, White House AI and crypto czar David Sacks and Bo Hines, a member of the presidential council of advisers for digital assets, listen at the White House Crypto Summit in Washington on Friday, March 7, 2025. (Pool via AP)<\/figcaption><\/figure>\n<p><strong><a href=\"https:\/\/www.washingtonexaminer.com\/news\/white-house\/3355205\/trump-student-loans-small-business-administration\/\" target=\"_blank\" rel=\"noopener\" title=\"\">TRUMP: SMALL BUSINESS ADMINISTRATION WILL TAKE OVER STUDENT LOANS<\/a><\/strong><\/p>\n<p>&ldquo;The SBA was created to be a launchpad for America&rsquo;s small businesses by offering access to capital, which in turn drives job creation, innovation, and a thriving Main Street. But in the last four years, the agency has veered off track &mdash; doubling in size and turning into a sprawling leviathan plagued by mission creep, financial mismanagement, and waste,&rdquo; Loeffler said in a statement.&nbsp;<\/p>\n<p>&ldquo;Just like the small business owners we support, we must do more with less,&rdquo; she continued. &ldquo;We will return our focus to driving private sector growth and delivering disaster relief with accountability, efficiency, and results.&rdquo;<\/p>\n<\/div>\n<p> <script data-cfasync=\"false\" src=\"http:\/\/www.washingtonexaminer.com\/cdn-cgi\/scripts\/5c5dd728\/cloudflare-static\/email-decode.min.js\"><\/script><script>!function(){var g=window;g.googletag=g.googletag||{},g.googletag.cmd=g.googletag.cmd||[],g.googletag.cmd.push(function(){g.googletag.pubads().setTargeting(\"has-featured-video\",\"true\")})}();<\/script><script>var _bp=_bp||[];_bp.push({\"div\":\"Brid_1981237\",\"obj\":{\"id\":\"27789\",\"width\":\"1280\",\"height\":\"720\",\"stickyDirection\":\"below\",\"video\":\"1981237\"}});<\/script><script defer src=\"https:\/\/services.brid.tv\/player\/build\/brid.min.js\"><\/script><\/div>\n<div class=\"tdb-block-inner td-fix-index\"><\/div>\n<div class=\"tdb-block-inner td-fix-index\"><\/div>\n<p><\/span><\/p>\n","protected":false},"excerpt":{"rendered":"<p>SBA to cut staff by 43% despite plan to absorb Education Department responsibilities The Small Business Administration plans to cut thousands of employees as part of a \u201cstrategic restructuring\u201d amid the Trump administration\u2019s effort to slash the federal bureaucracy.\u00a0 The SBA will cut 43% of its workforce, or approximately 2,700 positions, in a move agency<\/p>\n","protected":false},"author":3142,"featured_media":2414261,"comment_status":"open","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"_mo_disable_npp":"","fifu_image_url":"https:\/\/www.washingtonexaminer.com\/wp-content\/uploads\/2025\/03\/kelly-loeffler-2025.webp","fifu_image_alt":"","footnotes":""},"categories":[538],"tags":[],"class_list":["post-2414260","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-washington-examiner"],"fifu_image_url":"https:\/\/www.washingtonexaminer.com\/wp-content\/uploads\/2025\/03\/kelly-loeffler-2025.webp","_links":{"self":[{"href":"https:\/\/www.conservativenewsdaily.net\/breaking-news\/wp-json\/wp\/v2\/posts\/2414260","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/www.conservativenewsdaily.net\/breaking-news\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.conservativenewsdaily.net\/breaking-news\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.conservativenewsdaily.net\/breaking-news\/wp-json\/wp\/v2\/users\/3142"}],"replies":[{"embeddable":true,"href":"https:\/\/www.conservativenewsdaily.net\/breaking-news\/wp-json\/wp\/v2\/comments?post=2414260"}],"version-history":[{"count":0,"href":"https:\/\/www.conservativenewsdaily.net\/breaking-news\/wp-json\/wp\/v2\/posts\/2414260\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/www.conservativenewsdaily.net\/breaking-news\/wp-json\/wp\/v2\/media\/2414261"}],"wp:attachment":[{"href":"https:\/\/www.conservativenewsdaily.net\/breaking-news\/wp-json\/wp\/v2\/media?parent=2414260"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.conservativenewsdaily.net\/breaking-news\/wp-json\/wp\/v2\/categories?post=2414260"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.conservativenewsdaily.net\/breaking-news\/wp-json\/wp\/v2\/tags?post=2414260"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}