Economic Policies

Federal Government Launches Manufacturing Revival Plan to Cut $100 Billion in Red Tape, Boost Capital Access

The Small Business Administration announces an initiative to slash regulations, boost manufacturing, and expand financial support for small businesses.
Federal Government Launches Manufacturing Revival Plan to Cut $100 Billion in Red Tape, Boost Capital Access
(L/R) House Majority Whip Tom Emmer (R-MN), Administrator of the Small Business Administration Kelly Loeffler, and Secretary of Commerce Howard Lutnick attend the White House Crypto Summit in Washington, on March 7, 2025. Jim Watson/AFP/Getty Images
Tom Ozimek
Tom Ozimek
Reporter
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The Trump administration has unveiled a sweeping new initiative aimed at revitalizing American manufacturing by slashing regulatory burdens and expanding financial support for small manufacturers.

The “Made in America Manufacturing Initiative,” announced on March 10 by the Small Business Administration (SBA), seeks to cut $100 billion in regulations, improve capital access, and strengthen domestic supply chains in a bid to bolster U.S. economic dominance and national security.
Tom Ozimek
Tom Ozimek
Reporter
Tom Ozimek is a senior reporter for The Epoch Times. He has a broad background in journalism, deposit insurance, marketing and communications, and adult education.
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