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WASHINGTON, D.C. – Today, the U.S. House of Representatives passed H.R. 1804, the 7(a) Loan Agent Oversight Act, introduced by Congressman Dan Meuser (PA-09).
This bipartisan legislation strengthens accountability and combats fraud within the Small Business Administration’s (SBA) 7(a) Loan Program. It does so by requiring the Office of Credit Risk Management to submit an annual report to Congress regarding the performance of and risk associated with loans generated through loan agent activity.
Washington, D.C. – Congressman Dan Meuser (PA-09) today applauded President Donald J. Trump for successfully negotiating a record investment and record job creation for Pennsylvania and America’s steel industry through a landmark partnership between the United States of America, U.S. Steel, and Nippon Steel.

