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Read. Follow. Verify.Senate Hearing on the Nomination of Dilawar Syed for SBA Deputy Administrator
Record date · January 1, 2024
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What This Bill Does
The Senate Committee on Small Business and Entrepreneurship held a hearing to consider the nomination of Dilawar Syed for the position of Deputy Administrator of the Small Business Administration (SBA). The hearing addressed the need to fill this long-vacant leadership role to assist with SBA modernization and support for small businesses.
Confirming a Deputy Administrator for the SBA is intended to provide permanent leadership to oversee the agency's modernization and the administration of small business support programs, which have distributed over $1 trillion in aid since 2020.
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
Small businesses rely on SBA programs for funding and support, which are overseen by the agency's leadership.
Dilawar Syed
He is the nominee for the Deputy Administrator position and is subject to the Senate confirmation process.
Key Facts
- The Senate Committee on Small Business and Entrepreneurship held a hearing on March 8, 2023, to consider the nomination of Dilawar Syed.
- The position of Deputy Administrator of the SBA has been vacant for nearly 5 years.
- The SBA has provided over $1 trillion in funding to small businesses since 2020.
- Dilawar Syed was previously nominated for this position in April 2021.
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- The hearing included testimony from Dilawar Syed and submissions for the record from the National Association for the Self-Employed, the U.S. Chamber of Commerce, and the American Jewish Committee.
- Dilawar Syed previously served as the State Department's Special Representative for Commercial and Business Affairs.
Frequently Asked Questions
What is the role of the Deputy Administrator of the SBA?
Why has the position been vacant for so long?
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News Coverage
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Discoveries
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SBA Modernization Focus
The hearing highlights a shift in focus toward modernizing SBA technical systems and resources following the high volume of pandemic-era funding.
Connected Entities
Sources
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Analysis Score
0–100- Significance65How much this matters to a regular citizen
- Controversy40Intensity of disagreement among stakeholders
- Entertainment15Compellingness for a non-policy-wonk reader
- Buzz20Current news / social attention level
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