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Committee Examines Opportunities and Challenges for Small Businesses in the Creator Economy

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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…

House Approves One Year SBIR and STTR Extension

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WASHINGTON – Today, the House of Representatives voted to advance a bipartisan bill to extend the Small Business Innovation Research (SBIR) and Small Business Technology Transfer (STTR) programs through the fiscal year. For over forty years, these initiatives have enabled entrepreneurs to transform bold ideas into cutting-edge technologies while delivering significant value for…

Small Business Committee Advances One-Year Extension of SBIR and STTR Programs

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WASHINGTON – Today, the House Committee on Small Business voted to advance a bipartisan bill to extend the Small Business Innovation Research (SBIR) and Small Business Technology Transfer (STTR) programs through the fiscal year.   SBIR and STTR have a four-decade track record of fueling groundbreaking innovation by small firms and delivering strong return on investment for…

Ranking Member Velázquez Statement on August Jobs Report

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WASHINGTON D.C.- 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 August jobs report: “Today’s Jobs Report reveals an alarming truth. This downturn is a direct consequence of illegal tariffs, soaring inflation, and the decline of the immigrant workforce, policies pushed by…

Velázquez Calls for Reliable Broadband to Support Rural Entrepreneurs

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WASHINGTON – Yesterday, the House Small Business Committee held a hearing titled “Wired for Growth: How Expanding Broadband Can Revitalize Rural Small Businesses.” During the hearing, Ranking Member Nydia M. Velázquez (D-NY) highlighted how broadband access is critical to the success of rural entrepreneurs and helps ensure rural small businesses can compete on a level playing…

Ranking Member Velázquez on July PPI Inflation Data

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WASHINGTON– Today, Ranking Member Nydia M. Velázquez (D-NY) released the following statement regarding the July Producer Price Index (PPI) report:   “Today’s report reflects the reality that small businesses across the United States are feeling. Prices for critical products are going up and Main Street is being squeezed by Donald Trump’s tariffs. Today’s PPI reading shows that…

Velázquez Demands Answers from SBA on DOGE Access to Sensitive Systems

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WASHINGTON– Congresswoman Nydia M. Velázquez (D-NY), Ranking Member of the House Small Business Committee, has sent a letter to SBA Administrator Kelly Loeffler raising serious concerns over the agency’s decision to grant expedited access to sensitive SBA systems for operatives tied to the Department of Government Efficiency (DOGE).   According to the letter, senior SBA officials…

Velázquez Reaffirms Commitment to Protecting the Integrity and Impact of the 8(a) Program

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WASHINGTON — Today, Rep. Nydia M. Velázquez (D-NY), Ranking Member of the House Small Business Committee, issued the following statement on the Small Business Administration’s recent actions targeting the 8(a) Business Development Program:    “The SBA’s decision to target the use of a key small business contracting program and pressure federal agencies is deeply…

Ranking Member Velázquez Statement on July 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 July jobs report:   “Today’s jobs report flashes a bright red warning sign for our economy. Unemployment is up, job growth has slowed across nearly every sector, and revised figures show the past three months…

Ranking Member Velázquez Announces Passage of Bipartisan Small Business Bills at Committee Markup

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WASHINGTON - Today, the House Small Business Committee passed a series of bipartisan bills to combat fraud in federal programs, strengthen SBA oversight and IT modernization, and expand access to capital in rural and underserved communities. Ranking Member Nydia M. Velázquez (D-NY) praised the collaborative work that brought the legislation forward.   “These bipartisan bills…

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