Senate Committee on Small Business and Entrepreneurship Chair Joni Ernst announced on Apr. 17 the Senate passage of the bipartisan Investing in All of America Act, which aims to expand access to capital for small manufacturers and businesses in rural communities, low-income areas, and technology sectors.
The legislation is designed to increase investment through the Small Business Investment Company program and direct private capital toward small businesses across the country. Supporters say this measure will help strengthen America’s manufacturing workforce by making it easier for companies in underserved areas to grow.
The bill has also been approved by the U.S. House of Representatives and now awaits action from President Trump.
“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.”
Senator Roger Marshall said: “America doesn’t win when rural and low-income communities are left on the sidelines. 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.”
Ernst’s office provides assistance with federal agency matters such as Social Security, Medicare, veterans benefits, immigration issues, and military affairs according to her official website. She served over 23 years in the Iowa Army National Guard with service during Operation Iraqi Freedom according to her official website. Ernst grew up on a family farm in Montgomery County where she learned values of hard work according to her official website, became Iowa’s first woman elected federally upon joining Congress according to her official website, earned degrees from Iowa State University and Columbus State University according to her official website, was raised on a family farm in Montgomery County according to her official website, serves on multiple Senate committees after running on fiscal responsibility reforms—and made history as both Iowa’s first female combat veteran senator with over two decades’ military service according to her official website.
Supporters believe that expanding financial opportunities for small manufacturers could lead not only toward stronger local economies but also bolster national efforts toward economic growth.
