WASHINGTON — Speaker Johnson issued the following statement after the House passed legislation to codify President Trump’s Executive Orders to unleash prosperity through deregulation, empower small businesses, and foster economic growth.
“America’s small businesses owners are forced to navigate outdated, duplicative, and costly federal regulations and unnecessary delays that hold them back. Today, House Republicans passed two commonsense bills to elevate and empower their voices and get Washington bureaucracy out of their way of growth and success,” Speaker Johnson said. “Small businesses are the backbone of America’s economy, and they deserve a direct line to report harmful red tape – and a federal government that adapts and finds a way to fix it. President Trump and Congressional Republicans are restoring accountability and advancing a deregulatory agenda that delivers real positive relief to Main Street.”
“Small business owners should not be weighed down by layers of costly, duplicative regulations that stall growth and restrict opportunity,” House Small Business Committee Chairman Williams said. “These bills demonstrate our commitment to removing those barriers and ensuring small businesses have a direct voice in shaping a more accountable government. With President Trump driving a renewed deregulatory push, House Republicans are advancing a responsible, pro-growth agenda that strengthens America’s small business economy.”
This Week’s House Adopted Legislation to Cut Red Tape for Small Businesses:
H.R. 2965 — Small Business Regulatory Reduction Act (Sponsored by Rep. Beth Van Duyne): Requires the Small Business Administration (SBA) to report annually on the regulatory costs imposed by other federal agencies on small businesses.
H.R. 4305 — Destroying Unnecessary, Misaligned, and Prohibitive (DUMP) Red Tape Act (Sponsored by Rep. Tony Wied): Codifies President Trump’s Executive Orders to cut red tape for small business and supports the SBA Office of Advocacy’s establishment of a “Red Tape Hotline” where small businesses can report excessive regulatory burdens. The Red Tape Hotline received and reviewed 96 small business requests in just the First 100 Days of its launch.
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