November 9, 2016
The Honorable Donald J. Trump, President Elect
The Honorable Paul Ryan, Speaker of the House of Representatives
The Honorable Mitch McConnell, Senate Majority Leader
All Via Email
Congratulations are in order. America has thankfully spoken!
Now is the time to go to work. As leaders, you have a unique opportunity to reshape America and make it great again. It is critical small business job creation and regulatory relief be at the forefront of any and all legislation and Presidential action.
As a small business owner who deals with other small enterprises daily, we respectfully request the following course of action:
1) Congress needs to immediately move forward to halt the Department of Labor’s Overtime regulations including usage of the Congressional Review Act if necessary. This rule is nothing more than a job creation killer. Failing success prior to the Inauguration, President Trump’s Secretary of Labor should rescind the rule with immediate effect.
2) President-Elect Trump should nominate two (2) business oriented members to fill the open positions on the five-member board as soon as possible. The Senate should perform its advise and consent duties and confirm new Board members without delay.
3) President- Elect Trump’s transition team along with Congressional leadership, should convene regional meetings with small business owners throughout the country. The purpose of these outreach meetings is to gain consensus as to regulatory relief necessary to assist small business formation and growth. Many of the challenges facing small and medium sized businesses are Washington based. These impediments to growth must be removed or modified as soon as feasible. Novel and unique tax relief is one of many reforms required to create more jobs and move our primary economic growth engine forward. Accordingly, engagement of the small business community is paramount and has never been more critical to our economic success.
4) The Small Business Administration (SBA) should be thoroughly reviewed and reformed. Many of their programs have become outdated and one in particular needs substantially more resources. The Small Business Development Centers (SBDC) are working and do provide critical services to small enterprises. However, these Centers need much more emphasis (money and expertise) to make them more responsive to the needs of their constituents.
I will leave more complex issues such as trade agreements with other nations and how best to address healthcare reform to the outreach meetings mentioned in number 3 above.
In closing, I am quite pleased with the outcome of the 2016 election results and welcome the opportunity to witness and participate in the rebirth of our great nation.
William P. Hedrick