President Barack Obama asked Congress on Thursday to act quickly on a new round of jobs legislation, arguing that “fancy formulas and mathematical equations” from economists mask the continuing pain in American households. “It’s great that the stock market… Barack Obama – United States – Small business – President – United States Congress Read...

President Obama and several members of Congress are drafting legislation for a new, $30 billion fund that would infuse community banks with capital specifically earmarked for small-business lending. Read the original: Small business loans: A TARP-free redo for $30 billion plan

May 13 (Bloomberg) — President Barack Obama s proposed small-business lending fund may not start soon enough to propel the economic recovery, according to a report from the Congressional Oversight Panel of the $700 billion Troubled Asset Relief Program. View original post here: TARP Panel Says Small-Business Plan May Not Help U.S. Economy

PHILADELPHIA , May 10 /PRNewswire-USNewswire/ — Congressman Chaka Fattah (D-PA), a leading Congressional advocate for President Obama’s healthcare and health insurance reform plan, today hosted Healthcare 101, an informational forum for small business owners at which experts described exactly how the new law helps Philadelphia entrepreneurs. Follow this link: Rep. Fattah Hosts ‘Healthcare...

The limited record of Obama’s Supreme Court nominee makes it hard to divine her views, but there are reasons to believe she isn’t anti-business. Go here to read the rest: Kagan Is A Wild Card For Business

WASHINGTON — President Barack Obama laid out a $30-billion plan on Friday to boost small-business lending that draws in large part from Michigan lawmakers’ proposals. Small manufacturers have complained for months that despite a bounce-back from the recession, credit for expansion has been hard to come by, especially for firms with auto industry ties. See more here: Small-business loan...