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Small Business Administration (SBA) Administrator Linda McMahon is stepping down from her position, according to news reports. NAFCU works closely with the SBA to improve access to credit union small-dollar loans to small businesses across the nation and met with McMahon in March to discuss these efforts.

"NAFCU is grateful for Administrator McMahon's partnership over the past few years as we've worked to increase credit unions' participation in SBA lending programs," said NAFCU President and CEO Dan Berger. "Credit unions' ability to invest in their communities and provide capital to small businesses is supported by the SBA's programs. We look forward to continuing our work on these issues with the agency and wish Linda the best."

Berger signed a Memorandum of Understanding with McMahon during NAFCU's 2017 Congressional Caucus. The association also testified in support of legislation to strengthen the SBA's 7(a) loan program last year, which the agency is currently working to implement.

NAFCU has also worked with the SBA on other industry issues, such as website accessibility concerns under the Americans with Disabilities Act (ADA) and efforts to modernize the Telephone Consumer Protection Act (TCPA).