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House Passes Two Bills Targeting Foreign Threats to Small Businesses

The U.S. House of Representatives passed two bills introduced by Rep. Roger Williams (R), aimed at protecting small businesses from foreign threats and expanding access to financing for manufacturers.

Rep. Williams, chairman of the House Small Business Committee, announced the passage of H.R. 10329, the Combating Foreign Threats to Main Street Act of 2026, and H.R. 10375, the 504 Modernization and Small Manufacturer Enhancement Act of 2026.

The first measure, introduced alongside Rep. Derek Tran (D-CA), seeks to help small businesses address threats posed by foreign adversaries, including China, Russia, and North Korea.

The second bill, introduced with committee Ranking Member Nydia Velazquez (D-NY), would modernize the Small Business Administration's 504 loan program and strengthen access to capital for small businesses and manufacturers.

"I am proud to see the House pass legislation that puts Main Street America first," said Williams.

He described the foreign threats legislation as a response to attacks against small businesses and said the 504 modernization measure would strengthen financing opportunities for American manufacturers.

Williams also thanked his House colleagues and Small Business Administration Administrator Kelly Loeffler for supporting the legislation.

The House passage advances both measures beyond the chamber, though additional legislative action is required before either can become law.

Raeylee Barefield

Raeylee Barefield is a Legislative Correspondent based in Austin, Texas, specializing in state government and public policy. With one year of reporting under her belt, she covers legislative developments, committee hearings, and policy debates. She has been cited by Texas Politics and Big Energy for her coverage and analysis of legislative and regulatory issues. Her reporting typically focuses on Public policy, Stare government, environmental policy, and energy regulation. To contact her, please reach out at Raeylee@dnm.news

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