A Sudden Shakeup in 8(a):House Democrat Pushes Back on SBA’s Move to Strip USAID of Contracting Authorityy. In a move that’s reverberating far beyond one agency, the Small Business Administration (SBA) has pulled the plug on USAID’s 8(a) contracting authority and not everyone in Washington is applauding. Leading the charge in opposition is Rep. Nydia…
Rep. Nydia Velázquez criticizes the SBA for stripping USAID’s SBA 8(a) contracting power over one bribery case. With no proof of wider issues, she warns this move could hurt small businesses relying on federal contracts and demands transparency from the agency. Politics Enters the SBA 8(a) Program Shakeup The Small Business Administration is catching heat…
Major Workforce Reduction Signals a Shift Chevron has officially announced its plan to eliminate around 8,000 jobs globally by 2026. This represents a 15–20% cut in its workforce as part of its cost-saving initiative after acquiring Hess Corporation. This major shift is aimed at streamlining operations, eliminating overlapping roles, and ultimately saving about $3 billion…