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Ranking Member Velázquez Denounces Trump’s SBA Student Loan Takeover

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WASHINGTON– Today, Rep. Nydia M. Velázquez (D-NY) released the following statement after President Trump announced that the Small Business Administration (SBA) will take over management of the federal government’s student loan portfolio, following the dismantling of the Department of Education:   “Trump’s decision to shift responsibility over the federal government’s approximately…

Velázquez Leads Democrats in Demand for Answers on SBA’s Sudden Regional Office Relocations

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WASHINGTON – Today, Rep. Nydia M. Velázquez (D-NY), Ranking Member of the House Small Business Committee, led committee members and other House Democrats in sending a letter to the Small Business Administration (SBA), raising serious concerns about the abrupt decision to relocate six SBA regional offices.   On March 6th, SBA Administrator Kelly Loeffler announced plans to relocate…

Ranking Member Velázquez Statement on February Jobs Report

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WASHINGTON– Today, Rep. Nydia M. Velázquez (D-NY), Ranking Member of the House Small Business Committee, issued the following statement after the Labor Department released its February jobs report: “The February jobs report flashes warning signs for the Trump economy. Job growth slowed more than expected, showing the economic uncertainty caused by the administration’s reckless trade…

Ranking Member Velázquez Applauds Committee Passage of Seven Bipartisan Small Business Bills

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WASHINGTON- Today, the House Small Business Committee passed seven bipartisan bills aimed at expanding opportunities for small businesses, improving federal contracting transparency, helping entrepreneurs with disabilities, and strengthening workforce pipelines to support entrepreneurs and workers.   “These bills address critical gaps in SBA programs to ensure small firms have a…

House Passes Seven Bipartisan Small Business Bills

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WASHINGTON– The House passed seven bipartisan small business bills, including legislation to prevent fraudsters from participating in SBA programs, expand opportunities for small firms in government contracting, support veteran entrepreneurs, and improve access to disaster assistance for rural small businesses.   “Small businesses are the backbone of our economy, and today, the…

Ranking Member Velázquez and Tran Demand Answers on Mass Firings at SBA

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WASHINGTON – Today, Representatives Nydia M. Velázquez (D-NY), Ranking Member of the House Small Business Committee, and Derek Tran (D-CA), Ranking Member of the Subcommittee on Oversight and Investigations, sent a letter to the Small Business Administration (SBA) demanding answers about the abrupt termination of SBA employees. Their inquiry follows a series of confusing and contradictory…

Ranking Member Velázquez Works to Build on Small Business Success Under Biden During Hearing

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WASHINGTON- Today, the House Small Business Committee held a hearing to examine the outlook for American small businesses during the 119th Congress. During the hearing, Ranking Member Nydia M. Velázquez emphasized the need for Congress to build on the progress that small businesses have made under the Biden administration and to push back against efforts to weaken the Small Business…

Ranking Member Velázquez, Committee Democrats Demand Answers About Musk Access to SBA Systems

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WASHINGTON- Today, Rep. Nydia M. Velázquez, Ranking Member of the House Small Business Committee, led Democratic Committee members in sending a letter to Small Business Administration (SBA) Acting Administrator Everett Woodel, urging the agency to immediately clarify the extent of Elon Musk’s Department of Government Efficiency (DOGE) access to SBA systems. The letter follows reports…

Ranking Member Velázquez on President Trump’s Inspectors General Removals

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WASHINGTON- Today, Rep. Nydia M. Velázquez, Ranking Member of the House Small Business Committee, released the following statement after President Donald Trump fired 17 independent inspectors general at various agencies, including the Small Business Administration:   “Inspectors General play a vital role as independent watchdogs, working to uncover waste, fraud, and abuse while…

Ranking Member Velázquez Announces 119th Congress Subcommittee Ranking Members and Assignments

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Ranking Member Velázquez Announces 119th Congress Subcommittee Ranking Members and Assignments   Washington, D.C.— Today, House Small Business Committee Ranking Member Nydia M. Velázquez (D-NY) released the following statement announcing subcommittee Ranking Members for the 119th Congress:   “It’s an honor to welcome this dynamic group of legislators to the Committee for…

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