WASHINGTON- Today, the House Small Business Committee passed three bipartisan bills to address fraud prevention, recovery of fraudulent pandemic monies, and advocate for Native American business owners through the creation of the Office of Native American Affairs within the Small Business Administration (SBA). “This Committee has played an integral role in conducting oversight of the pandemic reli... Read More »
House Small Business Committee Ranking Member Nydia Velázquez (D-N.Y.-7) and Ranking Member Edward J. Markey (D-Mass.) today condemned the actions of the Small Business Administration (SBA) after it announced that small businesses with legal permanent residents will be barred from receiving SBA loans. On December 19, SBA announced that it would allow 5% of a business to be owned by foreign nationa... Read More »
January 29, 2026 The Honorable Kelly Loeffler Administrator U.S. Small Business Administration 409 3rd St. SW Washington, DC 20416 Dear Administrator Loeffler: We write to urge you to immediately provide reimbursements to states and territories participating in the Small Business Administration's (SBA) State Trade Expansion Program (STEP) for services completed in Fiscal Year (FY) 2023 and FY 2024... Read More »
January 26, 2026 The Honorable Kelly Loeffler Administrator Small Business Administration 409 3rd Street, SW Washington, DC 20416 Director Russell Vought Office of Management and Budget 725 17th Street, NW Washington, DC 20006 Dear Administrator Loeffler and Director Vought: We write to urge you to immediately release the Fiscal Year (FY) 2025 and FY 2026 congressionally approved funds for SCORE, ... Read More »
WASHINGTON – Today, the House of Representatives passed five bipartisan small business bills to increase the Small Business Administration’s (SBA) transparency, reduce financial barriers for Main Street borrowers, and provide entrepreneurs with the tools needed to navigate the emerging technology of artificial intelligence. “Whether it’s adapting to new technologies like AI or gaining access to es... Read More »
Washington, DC — Today, the House Committee on Small Business held a full committee hearing entitled “A Voice for Small Business: How the SBA Office of Advocacy Is Cutting Red Tape,” examining the role of the Small Business Administration’s (SBA) Office of Advocacy and whether it is effectively serving as an independent voice for America’s small businesses. During the hearing, Ranking Member Nydia... Read More »
Washington, DC — Today, House Small Business Committee Ranking Member Nydia M. Velázquez (D-NY) released a staff report detailing how the Trump Administration’s intensified immigration crackdown is harming immigrant entrepreneurs and weakening local economies nationwide. The report, The Dying American Dream and the Trump Administration, Part I: Immigrant Entrepreneurs, outlines how aggressive ICE ... Read More »
WASHINGTON — Today, the House Committee on Small Business held a full committee hearing entitled “American Resilience: Examining SBA Disaster Assistance Programs,” exploring how the Small Business Administration (SBA) delivers disaster loans to help small businesses, homeowners, renters, and nonprofits recover from floods, fires, hurricanes, and other emergencies. During the hearing, Ranking Membe... Read More »
WASHINGTON- Today, House Small Business Committee Ranking Member Nydia M. Velázquez (D-NY), Senate Small Business Committee Ranking Member Edward J. Markey, Congressional Hispanic Caucus Chair Adriano Espaillat (D-NY), Congressional Asian Pacific American Caucus Chair Grace Meng (D-NY), and Rep. Judy Chu (D-CA) sent a letter to the U.S. Small Business Administration (SBA) expressing serious concer... Read More »
WASHINGTON- Today, the House Committee on Small Business held a full committee hearing focused on how federal programs can better support veteran entrepreneurs as they transition from military service to small business ownership. During the hearing, Ranking Member Nydia M. Velázquez (D-NY) emphasized the importance of federal efforts that help veterans turn their skills and experience into success... Read More »
WASHINGTON – Today, the House Small Business Committee convened for a hearing titled “Main Street Under Attack: The Cost of Crime on Small Businesses,” examining how cyberattacks, retail theft, and gun violence are affecting small firms and their workers, as well as federal policies that can help protect Main Street. During the hearing, Ranking Member Nydia M. Velázquez (D-NY) highlighted how smal... Read More »
On Thursday, October 2, 2025, Ranking Member Nydia M Velázquez (D-NY) sent a letter to the U.S. Small Business Administration (SBA) Administrator, Kelly Loeffler, in response to reports that the SBA is using taxpayers’ dollars to promote partisan activities that could potentially violate the Hatch Act, and other federal laws. Rep. Velázquez demanded that the agency cease directing or encouraging e... Read More »
WASHINGTON- The Federal Acquisition Regulation Council released new changes to the main small business section of the government’s contracting regulations, retaining a key policy that allows small businesses to enter, compete, and have success in the federal marketplace. “Despite the Administration’s efforts to rewrite the government’s procurement rules without transparency, accountability and sma... Read More »
WASHINGTON – House Committee on Small Business Ranking Member Nydia M. Velázquez (D-NY), Chairman Roger Williams (R-TX), House Science, Space, and Technology Committee Chairman Brian Babin (R-TX), and Ranking Member Zoe Lofgren (D-CA) issued the following statement as the SBIR and STTR programs are set to expire at midnight: “We are disappointed that the Senate failed to extend the SBIR and STTR p... Read More »
WASHINGTON – Today, the House Small Business Committee held a full committee hearing titled “Streaming Success: Small Businesses in the Age of Digital Influence” to examine how content creators are building businesses, the barriers they face, and the broader economic impact of the creator economy Ranking Member Nydia M. Velázquez (D-NY) emphasized the importance of adapting federal policy to meet ... Read More »
