National Economic Council

KBRA Releases SFVegas 2024 Conference: Monday Recap

Retrieved on: 
Tuesday, February 27, 2024

KBRA releases a Monday recap of the SF Vegas 2024 conference held on February 25-28.

Key Points: 
  • KBRA releases a Monday recap of the SF Vegas 2024 conference held on February 25-28.
  • The event was well attended, and reportedly had a record 8,800 registrants.
  • Later in the morning, Securities and Exchange (SEC) commissioner Hester Peirce and former Director of the National Economic Council Gary Cohn each participated in fireside chats.
  • The afternoon was allocated to several breakout panel sessions focused on the ABS, CLO, CMBS, and RMBS markets.

SBA Administrator Guzman Announces Important SBIC Program Milestones at White House Convening of Investment Industry Leaders

Retrieved on: 
Thursday, February 15, 2024

Administrator Guzman was joined by over 60 leaders from private investment firms, limited partners, and industry associations.

Key Points: 
  • Administrator Guzman was joined by over 60 leaders from private investment firms, limited partners, and industry associations.
  • Image Description: Administrator Guzman addresses attendees at the White House convening on reforms to SBA’s $42 billion Small Business Investment Company (SBIC) Program.
  • Image Description: Administrator Guzman (L) participates in a panel discussion about reforms to the SBA’s Small Business Investment Company (SBIC) Program.
  • Image Description: Administrator Guzman (C) listens to panelists at the White House convening on reforms to SBA’s $42 billion Small Business Investment Company (SBIC) Program.

APIIC Releases Recommendations to Combat Rising U.S. Drug Shortages and Ensure Access to Life-Saving Medications

Retrieved on: 
Wednesday, January 24, 2024

“The collaboration necessary to develop a paper of this caliber is impressive,” said Tony Sardella, chair of the API Innovation Center.

Key Points: 
  • “The collaboration necessary to develop a paper of this caliber is impressive,” said Tony Sardella, chair of the API Innovation Center.
  • The APIIC report encourages pharmaceutical manufacturers and policy makers to address these vulnerabilities to national health security through the adoption of advanced biomanufacturing technologies and public incentive programs designed to reignite idle capacity at U.S. manufacturing facilities.
  • “For more than 200 years, U.S. Pharmacopeia has brought healthcare professionals, scientists, and regulators together to ensure quality and trust in our drugs,” said Dennis Hall, vice president, Advanced Manufacturing Technologies at U.S. Pharmacopeia (USP).
  • It follows developments and reports from the White House Office of Science and Technology , the National Economic Council (NEC) Director and the National Security Advisor (NSA), calling for a new approach aimed at guaranteeing Americans reliable access to essential medications.

Luminaries Across Healthcare and Tech Join Suki's Advisory Board Alongside A New Chief Revenue Officer

Retrieved on: 
Thursday, January 25, 2024

REDWOOD CITY, Calif., Jan. 25, 2024 /PRNewswire/ -- Suki, the leader of voice artificial intelligence for healthcare, announces its new advisory board of six distinguished executives across healthcare and technology. The board will serve as trusted advisors on commercial and technical strategies, leveraging their deep expertise to help Suki accomplish its mission of making healthcare tech assistive and invisible. One of the board's primary focuses will be to guide technical roadmap and areas of expansion to ensure innovations are valuable to users and health systems. The board believes in Suki's mission and is dedicated to continuing its trailblazing growth to help enhance the lives of healthcare professionals by harnessing the power of technology.

Key Points: 
  • The board will serve as trusted advisors on commercial and technical strategies, leveraging their deep expertise to help Suki accomplish its mission of making healthcare tech assistive and invisible.
  • The board believes in Suki's mission and is dedicated to continuing its trailblazing growth to help enhance the lives of healthcare professionals by harnessing the power of technology.
  • In addition to the advisory board, Suki is bolstering its leadership team by appointing Michael Maus as Chief Revenue Officer to oversee all commercial activity and drive growth.
  • Ujjwal Singh: With 25+ years of experience in the space, Singh is the Chief Product and Technology Officer at Multiverse.

Readout of SBA Administrator Guzman’s Attendance at the White House SBA Community Navigator Event

Retrieved on: 
Friday, December 15, 2023

The Community Navigator program provided competitive funding to 51 organizations that worked with hundreds of local groups to connect entrepreneurs to resources to help their small businesses thrive.

Key Points: 
  • The Community Navigator program provided competitive funding to 51 organizations that worked with hundreds of local groups to connect entrepreneurs to resources to help their small businesses thrive.
  • Small business owners at the table discussed how the CNPP provided tangible support in the form of capital, certification readiness, procurement guidance, financial literacy, and other technical assistance.
  • The program has successfully provided training to over 350,000 entrepreneurs, 1:1 counseling services to over 33,000 unique small business clients, and a projected $300 million in approved funding to small businesses.
  • For follow-up interview requests for Administrator Guzman, please contact Rebecca Galanti at Rebecca.Galanti @sba.gov .

Readout of SBA Administrator Guzman’s Convening of Small Business Lending Summit

Retrieved on: 
Tuesday, December 12, 2023

WASHINGTON, Dec. 12, 2023 (GLOBE NEWSWIRE) -- On Tuesday, December 12, Administrator Isabel Casillas Guzman , head of the U.S. Small Business Administration (SBA) and the voice in President Biden’s cabinet for America’s 33 million small businesses, hosted a Small Business Lending Summit at the White House alongside the National Economic Council (NEC) to discuss the Biden-Harris Administration’s strong record on lending to small businesses.

Key Points: 
  • WASHINGTON, Dec. 12, 2023 (GLOBE NEWSWIRE) -- On Tuesday, December 12, Administrator Isabel Casillas Guzman , head of the U.S. Small Business Administration (SBA) and the voice in President Biden’s cabinet for America’s 33 million small businesses, hosted a Small Business Lending Summit at the White House alongside the National Economic Council (NEC) to discuss the Biden-Harris Administration’s strong record on lending to small businesses.
  • Participants shared successes for their small business lending strategies and highlighted how recent SBA changes to modernize their lending programs have allowed for a broader and more diverse set of credit-worthy businesses to access loans, and how their improved processes have accelerated access to capital for small business borrowers.
  • They also discussed strategies and shared best practices for facilitating more equity in small business lending.
  • Last year, the SBA partnered with lenders to provide a historic $34 billion in small business loans through their signature 7(a) and 504 loan programs.

Secretary Buttigieg, Mitch Landrieu Join Economic Thought Leaders to Discuss a People-Centered Economy

Retrieved on: 
Friday, November 3, 2023

Just as today’s jobs report highlights a resilient workforce - upending previous economic opinions that pointed to a recession - Bold New Consensus presented a range of economic ideas to highlight how we can reconsider prevailing economic theories and continue charting a different path for our economic future.

Key Points: 
  • Just as today’s jobs report highlights a resilient workforce - upending previous economic opinions that pointed to a recession - Bold New Consensus presented a range of economic ideas to highlight how we can reconsider prevailing economic theories and continue charting a different path for our economic future.
  • Let’s be bold.”
    “At some point, people will realize we’ve transformed the state of the United States economy forever,” said White House Senior Advisor and Infrastructure Coordinator, Mitch Landrieu.
  • These communities proposed these changes to us, so their ideas, their plans, and their voices are being heard.
  • Economic Security Project advocates for ideas that build economic power for all Americans.

Readout of U.S. Small Business Administration & Department of Defense Highlight President Biden’s AM Forward Initiative

Retrieved on: 
Wednesday, August 2, 2023

“The AM Forward Initiative, the SBA’s SBIC program, and the establishment of DoD’s Office of Strategic Capital tell a compelling story about the power of partnerships to ensure that America’s small and medium-sized businesses continue to lead the world in innovation and critical technologies,” said Deputy Secretary Hicks.

Key Points: 
  • “The AM Forward Initiative, the SBA’s SBIC program, and the establishment of DoD’s Office of Strategic Capital tell a compelling story about the power of partnerships to ensure that America’s small and medium-sized businesses continue to lead the world in innovation and critical technologies,” said Deputy Secretary Hicks.
  • The Office of Strategic Capital (OSC), established by Secretary of Defense Lloyd J. Austin III in December 2022, is a DoD initiative that will partner with U.S. government and private sector stakeholders to implement partnered capital strategies to scale critical technologies for national security.
  • Secretary of Defense Lloyd Austin III and SBA Administrator Guzman launched the DoD-SBA partnership in December, and OSC signed an MOA with SBA in March.
  • This initiative will further strengthen America’s supply chain by bringing together large manufacturers to help smaller U.S.-based suppliers increase their use of additive manufacturing , also known as 3D printing.

USBC National Conference Soars with Frederick Haynes III, Mayor Bowser, Rev. Sharpton, Derrick Johnson, Baiju Bhatt, Rep. Horsford & Surprise Visit from President Biden

Retrieved on: 
Friday, July 28, 2023

WASHINGTON, July 28, 2023 /PRNewswire-PRWeb/ -- The 2023 U.S. Black Chambers, Inc. (USBC) National Conference, held from July 19th to 21st at the prestigious Waldorf Astoria in Washington, D.C., concluded with resounding success, gathering over 600 entrepreneurial enthusiasts from across the nation. The event was an unprecedented celebration of Black entrepreneurship, leadership, advocacy, and economic empowerment.

Key Points: 
  • During the event, Ron Busby, Sr. joined the stage with National Action Network President & Founder Rev.
  • Thursday, July 20th, was marked by a captivating keynote address from the newly appointed President of Rainbow PUSH Coalition, Reverend Dr. Frederick Haynes III.
  • During the USBC 2023 National Conference, outstanding individuals and organizations were recognized for their exceptional contributions to the Black business community.
  • The 2023 USBC National Conference embodied empowerment and unity, creating a platform for networking, knowledge exchange, and collaboration among attendees.

Girl Scouts of the USA Selects New National Board President

Retrieved on: 
Friday, July 21, 2023

NEW YORK, July 21, 2023 /PRNewswire/ -- Girl Scouts of the USA (GSUSA), the largest girl-led organization in the world, announced today that current board member Noorain Fatima Khan has been elected to the role of National Board President, effective July 19, 2023, for the 2023–2026 triennium. Khan, a passionate Girl Scout alum and the first Muslim American and millennial leader to hold the position, brings tremendous nonprofit leadership experience to the board and serves as an inspiration for the organization's girls, volunteers, and staff. 

Key Points: 
  • NEW YORK, July 21, 2023 /PRNewswire/ -- Girl Scouts of the USA (GSUSA), the largest girl-led organization in the world, announced today that current board member Noorain Fatima Khan has been elected to the role of National Board President, effective July 19, 2023, for the 2023–2026 triennium.
  • "We are thrilled that Noorain will serve as our National Board President.
  • As National Board President, Khan will lead a 30-member National Board of Directors , which reflects the diversity of this country and Girl Scouts' Movement through their expertise and backgrounds.
  • Additionally, there are five non-board members on the National Board Development Committee who work in partnership with the National Board throughout the triennium.