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Statements

Statement of The Hon. Andy Kim on The Importance of Accurate Census Data to Small Business Formation and Growth

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One of the most important goals of this Subcommittee is to assure that small businesses are equipped with the tools they need to grow, create new jobs, and generate wealth in their communities. No matter where a business decides to set up shop, whether it’s in the middle of a large metropolis, or on main street in a rural town, every business needs a plan. From determining a location, to…

Statement of the Hon. Nydia M. Velázquez on Unlocking Potential? Small Businesses in the Cannabis Industry

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Today we are here to draw what I believe is needed attention to an industry that is rapidly evolving.  As more and more states take steps to bring cannabis to commerce, we are seeing small businesses at the forefront of this expanding industry. As the only House Committee dedicated solely to the needs of small firms, it is important for us to be shedding light on the challenges these…

Statement of the Hon. Nydia M. Velázquez on The Doctor is Out. Rising Student Loan Debt and the Decline of the Small Medical Practice

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Today, over 40 million Americans are burdened by student loans, and as a nation, mounting student debt now stands at nearly $1.5 trillion. Over the past 30 years, the cost of higher education at public four-year institutions has skyrocketed, increasing by 213 percent from 1988. So, as we begin this hearing—let us acknowledge that this is nothing short of a national crisis.Back home in…

Chairwoman Velázquez on Lackluster May Jobs Report

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Washington, D.C.— Today, House Small Business Committee Chairwoman Nydia M. Velázquez (D-NY) issued the following statement after the Labor Department released its May jobs statement, in which 75,000 jobs were added to the economy, well below average:             “As today’s drastically underperforming jobs report warns, the economic…

Statement of the Hon. Jason Crow on Mind the Skills Gap: Apprenticeships and Training Programs

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Since the recession ended in 2009, our economy has experienced over a decade of economic expansion, and despite a low unemployment rate we know that challenges remain.  Small employers are having an increasingly hard time finding skilled and qualified workers. In fact, for over a year, more jobs have been available in the economy than people actively seeking them out. Two factors…

Chairwoman Velázquez on LGBTQ Pride Month

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Washington, D.C.— Today, House Small Business Committee Chairwoman Nydia M. Velázquez (D-NY) issued the following statement in honor of June as LGBTQ Pride Month. “In communities across this country, LGBTQ Americans are our neighbors, friends, family, and proud small business owners. They enrich our Main Streets, fuel our economy, and defy the limits of innovation. This Pride Month,…

Chairwoman Velázquez on Immigrant Heritage Month

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Washington, D.C.— Today, House Small Business Committee Chairwoman Nydia M. Velázquez (D-NY) issued the following statement in honor of Immigrant Heritage Month:             “As the Trump Administration seeks to erase the role of immigrants in the great American story, we must counter such fear mongering with the truth. Without…

Statement of the Hon. Jared Golden on Small Businesses and Their Limitations Without Reliable Access to Rural Broadband

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Access to a robust broadband connection is critical for small businesses and the communities they serve.  However, 25 million Americans still lack access to high-speed Internet. Many of these Americans reside in rural parts of the country where it is more difficult and expensive to build out broadband networks. In fact, 58% of rural Americans believe that lack of access to high-speed…

Chairwoman Velázquez on Trump Mexico Tariff Announcement

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Washington, D.C.— Today, House Small Business Committee Chairwoman Nydia M. Velázquez (D-NY) issued the following statement after President Trump proposed a 5 percent tariff on all Mexican goods:  “As the President has yet again failed to understand—increasing tariffs means placing unnecessary taxes on the backs of American workers and small businesses. Furthermore, using…

Chairwoman Velázquez on Passage of the SECURE Act

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Washington, D.C.—Today, House Small Business Committee Chairwoman Nydia M. Velázquez (D-NY) released the following statement after the House passed the SECURE Act:                  “Retirement security is one of the most important issues facing Americans today. Retirement benefits not only provide…

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