Federal: AFC Letter Supporting Bill Briggs for SBA Deputy Administrator

The Honorable Joni Ernst
Chair
Senate Committee on Small Business and Entrepreneurship
Washington, D.C. 20510

The Honorable Ed Markey
Ranking Member
Senate Committee on Small Business and Entrepreneurship
Washington, D.C. 20510

Dear Chair Ernst and Ranking Member Markey,

On behalf of the American Fintech Council (AFC) and its members, I am writing you to respectfully request the expeditious and bipartisan confirmation of Bill Briggs to be Deputy Administrator of the Small Business Administration (SBA).

AFC is the premier trade association representing the largest financial technology (Fintech) companies, including the biggest providers and largest number of EWA companies. Our mission is to promote a transparent, inclusive, and customer-centric financial system by supporting responsible innovation in financial services and encouraging sound public policy. Our members are also improving access to financial services and increasing overall competition in the financial services industry by lowering the cost of financial transactions, allowing them to help meet demand for high-quality, affordable financial products.

Mr. Briggs brings over two decades of experience in both the public and private sectors, making him exceptionally well-qualified for this role. His career began in state government, where he worked on veterans affairs and economic development issues. He later transitioned to federal policy, focusing on complex tax and financial issues, and has served in senior roles at four industry trade associations.

Mr. Briggs' leadership experience extends across multiple presidential administrations. He first served as a presidential appointee at the U.S. Environmental Protection Agency, overseeing public outreach and stakeholder engagement. During President Trump's first term, he advanced through several leadership positions at the SBA’s Office of Capital Access, ultimately serving as Acting Associate Administrator. In this capacity, he played a crucial role in managing the daily operations of the $800 billion Paycheck Protection Program, the largest small business support effort in U.S. history, and worked closely with large financial institutions on Economic Injury Disaster Loans (EIDL).

Mr. Briggs has also authored numerous articles on federal small business policy and is a recognized expert in the field, frequently contributing to media discussions on small business issues. Furthermore, as a small business owner himself, he understands firsthand the challenges and opportunities facing entrepreneurs today.

As Deputy Administrator, Mr. Briggs will bring invaluable expertise and a collaborative approach to advancing the SBA’s mission. His leadership will help strengthen public-private partnerships, enhance financial inclusion, and support responsible innovation to ensure that small businesses—especially those in underserved communities—have access to the resources they need to thrive.

Thus, AFC and its members respectfully request that your committee and the Senate move forward with the expeditious and bipartisan confirmation of Bill Briggs as Deputy Administrator of the SBA.

Sincerely,

Ian P. Moloney
SVP, Head of Policy and Regulatory Affairs
American Fintech Council

Cc: The Honorable John Thune, Majority Leader, United States Senate

The Honorable Charles E. Schumer, Minority Leader, United States Senate

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