Issues & Insights Op-Ed: Russian Sanctions Bill Hurts U.S. Small Businesses, Not Vladimir Putin

The story of successful entrepreneurs who become business legends at home and abroad is uniquely American — from Nike founder Phil Knight who initially sold shoes out of his car to Jeff Bezos who launched Amazon in his garage. Knight’s shoes and Bezos’ books grew into iconic brands, two of the many Fortune 500 companies that started with “next to nothing.”

Many millions of entrepreneurs and small businesses have yet to attain global brand recognition, and most will not. Even so, these hard-working business owners and their employees collectively drive U.S. economic growth and innovation. Small businesses truly are the lifeblood of our economy. They provide quality jobs and critical services in every corner of the nation. And they play a vital role as suppliers to the thousands of larger companies they do business with.

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