Following Hurricane Helene’s catastrophic damage throughout Florida’s Gulf Coast, U.S. Senator Marco Rubio (R-FL) met with local officials and volunteers from the barrier islands to discuss the storm’s impact and current recovery efforts. Photos are courtesy of...
Hurricane Helene made landfall as a Category 4 storm, causing catastrophic damage along Florida’s Gulf Coast. It’s crucial for the federal government to expedite state-requested resources and authorize key policy flexibilities in order for Floridians to make a swift...
U.S. Senator Marco Rubio’s (R-FL) office will host two in-person events to assist constituents affected by Hurricane Helene and help navigate applications for FEMA assistance. Food, water, and additional resources will be available at the events. Event...
U.S. Senator Marco Rubio’s (R-FL) office will host in-person and virtual Mobile Office Hours next week to assist constituents with federal casework issues in their respective local communities. These office hours offer constituents who do not live close to one of...
Following the impacts of Hurricanes Helene and Debby, some local governments in Florida face looming budget shortfalls that could disrupt disaster recovery efforts. If these local governments receive reimbursements for past hurricanes from the Federal Emergency...
Following Hurricane Helene’s catastrophic path through northwest Florida, U.S. Senator Marco Rubio (R-FL) met with local officials and volunteers from Citrus County. Senator Rubio also met with small business owners impacted by the storm. Photos are courtesy of...
Washington, D.C. — U.S. Senator Marco Rubio (R-FL) reintroduced the Preventing SBA Assistance from Going to China Act, which would block all assistance offered by the Small Business Administration (SBA) from going to citizens of the People’s Republic of China (PRC). Because current law permits the SBA to provide assistance to any qualifying small business that is legally operating in the United States, Chinese-owned or -affiliated firms are able to exploit the system and receive benefits. This legislation would prohibit assistance from going to any small business headquartered in the PRC or that has at least 25 percent of its voting stock in the hands of PRC investors. U.S. Representative Jason Smith (R-MO) will introduce companion legislation in the House of Representatives.
“American businesses are no stranger to the wide range of strategies Chinese firms use to starve out their competition,” Rubio said. “Exploiting taxpayer-subsidized SBA programs designed to boost our small businesses is among the most egregious. This legislation would ensure that U.S. tax dollars aren’t giving Chinese firms an unfair advantage over American small businesses.”
“China preys on America’s commitment to our small businesses, siphoning financial support away from American employers and workers,” Senator John Kennedy (R-LA) said. “I’m proud to join Sen. Rubio in introducing the Preventing Small Business Administration Assistance from Going to China Act to block companies with significant Chinese ownership from getting loans and guarantees from the SBA.”
“Ensuring that federal assistance goes to Main Street businesses over Chinese-owned companies is a no-brainer,” said Rep. Smith. “When the American working class is on a level playing field, they can compete against anyone in the world. I’m proud to join Senator Rubio in putting America First by sponsoring the Preventing SBA Assistance from Going to China Act.”