SBA Policy Changes on Citizenship Verification and Sanctuary Cities
Kelly Loeffler, administrator of the U.S. Small Business Administration, announced a new policy requiring citizenship verification for SBA loan applicants to prevent illegal migrants from accessing benefits. The SBA will also relocate regional offices from sanctuary cities to comply with federal immigration law.
Key Points
- New policy requires citizenship verification for SBA loan applicants
- Regional offices in sanctuary cities will be relocated to comply with federal immigration law
- Focus on empowering legal, eligible business owners and cutting off access to loans for illegal aliens
Pros
- Ensuring that only legal, eligible applicants can access SBA programs
- Complying with federal immigration law
- Putting American citizens first
Cons
- May face criticism for potentially excluding eligible individuals
- Relocation of regional offices may disrupt services for some small businesses