Hoyer criticizes SBA leadership, alleging reduced support for small businesses and questioning funding, staffing, and office closures.
Quiver AI Summary
Hoyer criticizes SBA direction: In opening remarks at a House oversight hearing, Rep. Steny Hoyer said small businesses and their employees “deserve better,” and argued the Small Business Administration has been making it harder for firms to start, grow and hire. He cited proposed budget cuts, program reductions, fees and limits on borrowing.
Hearing focuses on funding and offices: Hoyer questioned SBA Administrator Kelly Loeffler about whether the agency was withholding appropriated funds and about office closures. Loeffler said the SBA was releasing funds, following the law and executive orders, and that some offices were being closed or consolidated because they were lightly staffed or unused.
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Steny H. Hoyer Fundraising
Steny H. Hoyer recently disclosed $6 of fundraising in a Q1 FEC disclosure filed on April 15th, 2026. This was the 2089th most from all Q1 reports we have seen this year. 100.0% came from individual donors.
Hoyer disclosed $78.0K of spending. This was the 929th most from all Q1 reports we have seen from politicians so far this year.
Hoyer disclosed $368.0K of cash on hand at the end of the filing period. This was the 717th most from all Q1 reports we have seen this year.
You can see the disclosure here, or track Steny H. Hoyer's fundraising on Quiver Quantitative.
Steny H. Hoyer Net Worth
Quiver Quantitative estimates that Steny H. Hoyer is worth $3.9M, as of July 14th, 2026. This is the 191st highest net worth in Congress, per our live estimates.
Hoyer has approximately $0 invested in publicly traded assets which Quiver is able to track live.
You can track Steny H. Hoyer's net worth on Quiver Quantitative's politician page for Hoyer.
2026 Maryland's 5th Congressional District Election
There has been approximately $26,389,366 of spending in Maryland's 5th congressional district elections over the last two years, per our estimates.
Approximately $12,509,489 of this has been from outside spending by PACs and Super PACs. Some of the groups who are spending money in this race include:
- UNITED DEMOCRACY PROJECT ('UDP') ($5,734,013)
- PROTECT PROGRESS ($5,530,265)
- AMERIPAC: THE FUND FOR A GREATER AMERICA ($600,000)
- PROJECT 218 ($250,000)
- ROLLING SEA ACTION FUND ($250,000)
The rating for this race is currently "Solid D".
You can track this election on our matchup page for the 2026 Maryland's 5th congressional district election.
