The White House
Washington DC
22 November 2021

Remarks by President Biden Announcing his Nominees for Chair and Vice Chair of the Board of Governors of the Federal Reserve System

Excerpts:

The Honorable Joseph R. Biden, Jr. (22 November 2021): “Economists will tell you that an increase in new businesses is one of the best signs of an economy -- an economy that is becoming more innovative and more dynamic. And that’s because small businesses aren’t just the heart and soul of America, they’re not just the bedrock of so many communities across this country -- America’s small businesses are the primary job creators, innovators, and drivers that power our economic progress. That’s why it’s a powerful statement about -- of the faith about -- that we have in our country -- where our country and our economy is heading that small business creation is surging -- surging in America today. Which is why I’m proud to say: If you look at my presidency so far, it’s a jobs presidency and it’s a small business presidency.”

LINKS To Relevant Analyses

Update On Registration Of Micro, Small & Medium-Size Enterprises In Cuba. Now More Than 600. November 21, 2021

Cuba Continues To Report On Activity Of MSME's- The Numbers Increase. November 06, 2021

Joint Venture Between Banco de Sabadell Of Spain And Banco International de Comercio In Cuba Will Provide Financing In Foreign Currency To MSMEs & Non-Agricultural Cooperatives November 05, 2021

Bormey srl Among The First 35 Newly-Constituted Medium-Sized Enterprises In Cuba, Exported 5,000 Peanut Bars To Italy. Is United States Next? U.S. Department Of State Regulations Would Approve. October 26, 2021

ProLimp Cleaning In Cuba Precisely Type Of Entrepreneurship Biden Administration Should Support. Will Cuba Permit U.S. Venture Capitalists? March 08, 2021