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Read. Follow. Verify.Senate Hearing on the Nomination of Dilawar Syed for Deputy SBA Administrator
Record date · January 1, 2022
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What This Bill Does
The U.S. Senate Committee on Small Business and Entrepreneurship held a hearing to consider the nomination of Dilawar Syed for the position of of the Small Business Administration (SBA). The hearing focused on Mr. Syed's qualifications to manage the agency during a period of unprecedented federal aid distribution related to the COVID-19 pandemic.
The role has been vacant for three years and is responsible for overseeing the distribution of over $1 trillion in COVID-19 relief funds to small businesses.
Who It Affects
Groups the bill's text affects, as described in the record. Being affected is not a position for or against it.
Small Business Owners
They are the recipients of the $1 trillion in federal relief programs managed by the SBA.
Dilawar Syed
He is the nominee seeking confirmation for the Deputy Administrator position.
Key Facts
- The Deputy Administrator position at the SBA has been vacant for three years.
- The SBA has distributed over $970 billion in COVID-19 relief aid in the past year.
- The SBA is tasked with managing over $1 trillion in total COVID-19 small business aid.
- The agency is preparing to launch the $16 billion Shuttered Venue Operators Grant program.
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- The agency is preparing to launch the $28 billion Restaurant Revitalization Fund.
- Dilawar Syed previously served as Chair of the White House Initiative on the AAPI's Economic Growth Committee.
- Dilawar Syed founded the California Entrepreneurship Task Force.
- The hearing took place on April 21, 2021, in the Russell Senate Office Building.
Frequently Asked Questions
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News Coverage
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Discoveries
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SBA Workload Expansion
The SBA's responsibilities increased by more than 10 times its pre-pandemic annual budget due to COVID-19 relief mandates.
Connected Entities
Sources
www.govinfo.gov
Analysis Score
0–100- Significance85How much this matters to a regular citizen
- Controversy20Intensity of disagreement among stakeholders
- Entertainment5Compellingness for a non-policy-wonk reader
- Buzz10Current news / social attention level
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