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Mr. STAUBER. Mr. Speaker, I rise to speak in favor of H.R. 7198. I will start by thanking my good friend and colleague from Minnesota, Representative Brad Finstad, for his leadership with this legislation.
Small businesses are the lifeblood of our economy. They are the innovators, job creators, and backbone of our communities.
In my home State of Minnesota, small businesses account for over 99 percent of all businesses and employ more than half of all of our workforce. When small businesses succeed, America succeeds.
Unfortunately, we have seen time and time again how the Biden-Harris administration has failed to prioritize these small businesses. Instead, it has burdened them with an avalanche of costly and unnecessary regulations, leaving businessowners to navigate a maze of red tape with little regard for their challenges.
These regulations have a real and negative impact on entrepreneurs, making it harder for them to succeed and grow. It is clear: Small businesses need a stronger voice in the regulatory process.
We have the tools to stop overregulation, but those tools need to be accessible, especially for the smallest of businesses. We must provide clear and accessible pathways for small businesses to hold Federal agencies accountable for the regulations they impose.
That is why I am proud to cosponsor my fellow Minnesotan's bill. This bill gives small businesses the ability to challenge agency regulations and forces agencies to be transparent about how their regulations will affect small business owners.
By holding agencies accountable and requiring transparency, we ensure that small businesses aren't left behind when new regulations are created. This is a critical step in ensuring that any regulation created in Washington is shaped with a clear understanding of the real- world impact. By supporting this legislation, we can help small businesses thrive and continue to drive our economic growth.
Mr. Speaker, I urge my colleagues to vote ``yes'' on H.R. 7198. Let's ensure small businesses are heard and their concerns are addressed.
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