President Trump Signs Meuser’s Investing in All of America Act Into Law, Driving Investment in Small Businesses

May 21, 2026 Press Release WASHINGTON, D.C. — This week, President Trump signed Congressman Dan Meuser’s (PA-09) legislation, H.R. 2066, the Investing in All of America Act , into law. This legislation will increase the capital available to small businesses, especially those in rural and underserved communities, manufacturing, or the critical technology sector, through Small Business Investment Companies (SBICs). SBICs raise private capital, which is then matched with leverage by the SBA, allowing them to invest directly in small businesses. Crucially, the SBIC program operates at no subsidy cost to the American taxpayer. Over the past two decades, SBIC-backed businesses have generated 3 million new jobs and supported an additional 10.5 million jobs. Last year alone, SBICs injected more than $8 billion into small businesses nationwide, including $412.3 million directed toward Pennsylvania small businesses. Despite these successes, recent studies indicate that less than 20% of SBIC investment reaches low- to middle-income communities. The Investing in All of America Act seeks to close this gap and drive investment capital to areas that need it most. To achieve this, the bill allows investments in rural and low-income areas, manufacturing, and critical technologies to be excluded from an SBIC’s leverage cap—making more capital available to businesses in these key sectors. It also restores an inflation adjustment for SBIC leverage limits, ensuring the program’s strength keeps pace with market conditions. Manufacturing remains a vital part of America’s economic foundation, with 99% of manufacturers classified as small businesses. The Investing in All of America Act also aligns with the Trump Administration’s priority of rebuilding America’s manufacturing base by directing more private capital toward domestic producers and the industries critical to our economic and national security. By enhancing the SBIC Program, this will help small manufacturers modernize, scale, and create high-quality jobs in communities across the country. “As someone who spent more than 20 years helping grow a small business into a larger business, I understand firsthand the challenges entrepreneurs face when trying to secure capital,” said Congressman Meuser. “This legislation will drive further investment into the hands of small businesses in crucial sectors of the economy and areas that are often overlooked without any additional burden on American taxpayers. I’m pleased that we’ve secured this important bipartisan victory for America’s small business owners, and I’m grateful to my colleagues and President Trump for helping us invest in the communities that need it most.” “A challenge I hear repeatedly from small businesses in West Michigan is their ability to access capital, and our commonsense legislation directly addresses that,” said Congresswoman Scholten. “The Investing in All of America ensures Main Street businesses, especially those in rural and low-income areas, are not left behind by the federal programs designed to help them, and I’m thrilled the President has signed it into law. I look forward to seeing its positive impacts for years to come, and I’m grateful for all of the bipartisan work that went into its passage.” "Rep. Meuser's Investing in All of America Act of 2025 is a huge win for Main Street America. Small businesses across the nation and in critical technology sectors will benefit from increased funding from the SBIC program, which in turn will fuel small business growth," said Rep. Roger Williams (R-TX), Chairman of the House Committee on Small Business . "I thank President Trump for signing this bill into law and continuing his America First agenda. I commend Rep. Meuser for continuing to fight for the small business owners who are the backbone of our economy." “Powered by private investment, the Investing in All of America Act will expand the SBIC’s capacity to power our nation’s industrial resurgence by getting more capital to entrepreneurs in rural communities,” said SBA Administrator Kelly Loeffler. “This means faster scaling, more innovation, and the ability to compete in the critical industries that will strengthen America’s economic and national security. I applaud Congressman Meuser and his colleagues for advancing this important legislation, and I am grateful to President Trump for signing it into law for America’s small business owners and workers.” “Today is a great day for America’s small businesses,” said SBIA President Brett Palmer. “The Investing in All of America Act is proof that when policy is built around what works – investing in small businesses, supporting domestic manufacturing, and strengthening communities without costing taxpayers a dime – Washington can come together and get it done. We thank President Trump for signing this bill into law, and we’re grateful to Representative Meuser for his hard work and leadership on this legislation.” The Investing in All of America Act passed both chambers of Congress unanimously and was signed into law by President Donald Trump on May 19. Full text of the bill can be viewed here . Issues : Economy