The House Committee on Small Business, chaired by Congressman Roger Williams, announced on March 25 that it will hold a hearing to examine how the Chinese Communist Party (CCP) poses risks to American small businesses.
The issue is considered important as lawmakers seek to address concerns about foreign influence and economic security for U.S. small businesses. The committee aims to discuss the impact of CCP activities on domestic companies, particularly those involved in developing new technologies and supporting national competitiveness.
According to draft points shared with Bloomberg Government, Williams said China "has been allowed to exploit the small businesses that develop cutting-edge technologies, safeguard our nation, and keep America competitive." The upcoming hearing is titled “Defending Main Street: Combating CCP Threats to America’s Small Businesses.”
The committee also plans to discuss increasing maximum loan sizes for small manufacturers and review the Biden administration's record regarding Chinese espionage. These topics reflect ongoing efforts by House Republicans this Congress, especially since the formation of a select committee focused on China in 2023.
Williams has continued his work highlighting issues such as threats to supply chains, intellectual property theft, and national security risks linked with China. The hearing is part of broader legislative initiatives aimed at protecting American small businesses from foreign interference.
