WASHINGTON —Today, the House Small Business Committee held a hearing examining how problems in the relationship between the United States and the People’s Republic of China (P.R.C.) is impacting Main Street.
During the hearing, Ranking Member Nydia M. Velázquez (D-NY) called for a strategy for competing with China centered around investing… Read more »
WASHINGTON, D.C. – Today, the U.S. House of Representatives passed S. 3971, the Small Business Innovation and Economic Security Act under suspension. The bill will now head to the President’s desk.
Small Business Innovation Research (SBIR) and Small Business Technology Transfer (STTR) programs expired on September 30, 2025, following the Senate’s failure to pass the… Read more »
WASHINGTON– Today, Rep. Nydia M. Velázquez (D-NY), Ranking Member of the House Small Business Committee, issued the following statement after the Bureau of Labor Statistics released the February jobs report, showing the U.S. economy shed 92,000 jobs and the unemployment rate rose to 4.4 percent:
“The February jobs report stands as the latest piece of evidence that… Read more »
WASHINGTON — Today, House Small Business Committee Ranking Member Nydia Velázquez (D-NY), Senate Small Business Committee Ranking Member Edward J. Markey (D-MA), Congressional Black Caucus Chair Yvette Clarke (D-NY), Congressional Hispanic Caucus Chair Adriano Espaillat (D-NY), and Congressional Asian Pacific American Caucus Chair Grace Meng (D-NY)… Read more »
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… 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… 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… 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,… 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… 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… Read more »
