‘There’s No Question Prices Are Elevated’: Trump Official Addresses Small Businesses’ Economic Pain
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May 20, 2026
Small Business Administrator Kelly Loeffler acknowledged that Americans are facing increased prices but promised that the economy will improve after the military operation in Iran ends. “There’s no question in recent weeks, prices have bumped up because of rising gas prices due to the Iranian blockade of the Strait of Hormuz now,” Loeffler told The...
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