The Damage Report
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Trump Team Reveals DISASTROUS Plan To Leave Small Businesses Stranded
Posted
August 30, 2026
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4:53Now PlayingThe Trump administration is turning against small businesses and leaving them financially stranded with an alarming scheme to help billion-dollar corporations through new loan and contract changes. John Iadarola and Sen. Nina Turner break it down on The Damage Report. Leave a comment with your thoughts below!
Read more here:
Trump's SBA wants to reclassify billiondollar corporations as 'small businesses,' opening door to federal contracts
"The Trump administration is eyeing a major change that could redefine the government's definition of small business to include billion-dollar publicly-traded corporations.
The Small Business Administration (SBA) formally proposed the rule change on August 20 in what observers have deemed the largest change to small business size standards in decades if it takes effect. The proposal would expand the pool of businesses eligible for government contracts, loans or other financial assistance from the SBA."
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