WASHINGTON, DC – MARCH 24: People walk past the headquarters of the U.S. Small Business Administration in the Southwest Federal Center area on March 24, 2025 in Washington, DC. Even after announcing that loans and grants formerly managed by the Department of Education will be transferred to the SBA, President Donald Trump announced last week that the SBA is cutting around 43% of its workforce, or about 2,700 positions. (Photo by Chip Somodevilla/Getty Images)