Ernst Applauds Senate Passage of Bipartisan Manufacturing and Rural Investment Bill

Legislation expands access to capital for small manufacturers and strengthens U.S. workforce
WASHINGTON – Senate Committee on Small Business and Entrepreneurship Chair Joni Ernst (R-Iowa) celebrated the Senate passage of Senator Roger Marshall’s (R-Kan.) bipartisanInvesting in All of America Act, which expands access to capital for small manufacturers and small businesses in rural communities, low-income areas, and critical technology sectors.
The bill increases investment in the Small Business Investment Company (SBIC) program and helps drive private capital to small businesses nationwide, bolstering America’s manufacturing workforce.
The legislation has alsopassedthe U.S. House of Representatives and now heads to the president’s desk.
“As chair of the Small Business and Entrepreneurship Committee, I’ve worked to ensure small manufacturers and businesses have the tools they need to build America’s industrial future here at home,”said Senator Ernst. “By expanding access to capital in rural communities, we can strengthen local economies and grow our manufacturing workforce. Thank you, Senator Marshall, for championing this solution, and I look forward to President Trump signing it into law.”
“America doesn't win when rural and low-income communities are left on the sidelines,”said Senator Marshall.“This bill drives investment where it's needed most — fueling job creation, strengthening local Kansas economies, and ensuring that the next wave of American growth reaches every corner of this country, not just the coasts. I’m proud to send this legislation to President Trump’s desk.”
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