It's important that as a committee, we address these broken and burdensome policies and make Main Street America great again. My first question is for Mr. Ortiz. In your opening statement, you spoke about the additional $2 trillion of regulatory burdens levied on businesses during the Biden administration. Having fewer employees and less financial services, small businesses bear an increased burden of these additional regulations. As members of the Small Business Committee, what should our top priority be to reduce these regulations and provide immediate regulatory relief to small businesses? (00:59–01:08)
CLAIM
Asserts that $2 trillion in regulatory burdens were levied on businesses during the Biden administration.
This is an excerpt from a raw transcript. The assertions have not been audited or verified. Tap the video to view the source footage and understand the context.