Congresswoman Claudia Tenney will help lead a bipartisan effort in Washington focused on supporting family-owned businesses across the country.
Tenney, who represents New York’s 24th Congressional District, has been named Co-Chair of the Congressional Family Business Caucus for the 119th Congress alongside Congressman Lou Correa of California. The caucus works to educate lawmakers on the role family-owned businesses play in the national economy and in local communities.
The caucus will hold its first meeting of the year on March 17 on Capitol Hill, bringing together members of Congress, family business leaders, and policy experts to discuss the challenges and opportunities facing family-run companies.
Family-owned businesses make up a major portion of the U.S. economy. According to research cited by the caucus, more than 32 million family-owned businesses operate nationwide, supporting 83.3 million jobs and contributing $7.7 trillion annually to the country’s gross domestic product. Those businesses represent nearly 59 percent of the private workforce.
The Congressional Family Business Caucus aims to connect lawmakers with family businesses in their districts and promote policies that strengthen entrepreneurship and economic growth. The group also works to ensure the concerns of family-run enterprises are represented in federal policy discussions.
The upcoming March meeting will focus on “Pricing and Profits: Affordability Strategies for Family-Owned Businesses.” Presentations will include input from business owners, policy experts, and representatives from Family Enterprise USA.
Tenney said family businesses play a critical role in communities across the country and deserve strong representation in Washington.
“Family-owned businesses are the backbone of communities across the country, creating jobs, supporting local economies, and carrying on traditions that span generations,” Tenney said. “As someone who helped run my family’s business, I understand the unique challenges these businesses face, from rising costs and workforce pressures to complex regulations and tax policy. I look forward to working with Congressman Correa and our colleagues in the caucus to ensure family businesses have a strong voice in Congress and the policies they need to grow, compete, and continue supporting millions of American workers.”
