Education Secretary Linda McMahon, who is named in both suits, and Trump acknowledge that congressional action is needed to ...

A seismic shift is underway at the U.S. Small Business Administration (SBA), as the agency announced plans to reduce its ...

President Donald Trump says responsibility for student loans and other programs overseen by the Department of Education will ...

The SBA will cut its employee count by 43% and eliminate “non-essential” roles, stating it would return the agency to pre-pandemic levels of staffing. It was unclear if the agency’s firing of ...

After President Trump signed an order to dismantle the Department of Education, student loan management is transferring to ...

President Donald Trump said Friday he has decided that the Small Business Administration will handle student loans, taking it out of the Education Department immediately. "They are all set for it, ...

The restructuring plan aims to return the agency to prepandemic staffing levels by eliminating around 2,700 positions.

Genesis Park closed its GP Capital Partners II LP fund with $300 million in commitments, the firm announced March 19. The ...

The deal for United Community Bancshares marks the first time a fintech firm has received approval to become a bank under ...

A planning document dated March 10 lists the dates when many of the cancellations are expected to go into effect. That does not mean all the locations will close by those dates, but agencies would ...

A Fort Dodge woman has been named to two top positions in the U.S. Small Business Administration. Lisa Shimkat has been appointed associate administrator for field operations and acting associate ...

Administrator of the Small Business Administration Kelly Loeffler U.S. President-elect Donald Trump has selected former Senator Kelly Loeffler to lead the Small Business Administration (SBA). Trump ...