Connect with us

Headlines

Brexit: How Will It Affect American Small Businesses?

mm

Published

on

 

It may compel Congress to push some legislation through.

U.S. lawmakers and other policy makers could be prompted to protect American small business in the wake of the U.K.’s decision to leave the Eureopean Union, as Business News Daily writes. For one, the article says, it could lead Congress to do away with some of the regulations that restrict small businesses.

As Richard Williams, director for the regulatory studies program at the Mercatus Center at George Mason University, told the media outlet: “What it means for small businesses is that there is likely to be some ripples across the pond. Right now there are 50 to 60 regulatory reform bills in Congress that are essentially stalled. I think over the next few months we will hear a lot more about how regulations hurt small businesses and perhaps put pressure on Congress to act.”

The article also cites analysts who say that Europe could fall back into recession, which may keep the Federal Reserve from raising interest rates. The Fed also offered this statement regarding instability in global financial markets: “The Federal Reserve is prepared to provide dollar liquidity through its existing swap lines with central banks, as necessary, to address pressures in global funding markets, which could have adverse implications for the U.S. economy.”

Read more at Business News Daily

Advertisement

SPONSORED VIDEO

SPONSORED BY WEAVE

Transform Your Multi-office Phone System Into a Revenue-generation Tool

Weave’s multi-office, multi-department, and multi-provider phone system is built to flexibly accommodate and augment your practices’ most powerful revenue-generation tool: ring phones across multiple locations, set up inter-office call overflow, support external call centers, and more. And by connecting to your patient data, call handlers see a patient’s upcoming appointments, overdue balances, overdue family members, and preferred location – all when they pick up the phone." Learn more at getweave.com/weave-unify

Promoted Headlines

Advertisement

Advertisement

Subscribe


BULLETINS

Get the most important news and business ideas for eyecare professionals every weekday from INVISION.

Advertisement

Most Popular