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Thanedar Pushes Back Against Republican Attacks on SBA Efforts to Promote Voting Access

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Washington, D.C.— Today, the House Small Business Committee Subcommittee on Oversight, Investigations, and Regulations held a hearing examining the Memorandum of Understanding (MOU) between the Small Business Administration (SBA) and the Michigan Department of State (MDOS) to promote voter registration in Michigan. During the hearing, Rep. Shri Thanedar (D-MI) emphasized the advantages of…

Scholten Works to Support Veteran Entrepreneurs During Joint Hearing with Veterans Affairs Committee

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Washington, D.C.— Today, the House Small Business Committee Subcommittee on Contracting and Infrastructure held a joint hearing with the House Veterans Affairs Subcommittee on Economic Opportunity examining the current state of veteran entrepreneurship in the United States. During the hearing, Ranking Member Hillary Scholten (D-MI) highlighted the importance of veteran entrepreneurs to…

Velázquez Pushes Back Against Conspiratorial Accusations of Government Censorship of Small Businesses

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Washington, D.C.— Today, the House Small Business Committee held a hearing reviewing the federal government’s efforts to combat mis- and disinformation from foreign actors. During the hearing, Ranking Member Nydia M. Velázquez (D-NY) dispelled unfounded claims of government censorship of small businesses and discussed the need for the committee to focus on issues that small businesses…

Velázquez Introduces Bill to Provide Pathway to Entrepreneurship for the Currently and Formerly Incarcerated

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Washington, D.C.— Today, House Small Business Committee Ranking Member Nydia M. Velázquez (D-NY) introduced the Prison to Proprietorship Act, a bill to increase access to entrepreneurial training for the currently and formerly incarcerated.   “Research has shown that the strongest predictor for recidivism is poverty. The stigma of incarceration often deprives returning citizens the…

Velázquez Conducts Oversight of SBA Office in Charge of Loan Programs

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Washington, D.C.— Today, the House Small Business Committee held a hearing reviewing the Small Business Administration’s (SBA) Office of Capital Access (OCA). During the hearing, Ranking Member Nydia M. Velázquez (D-NY) focused on OCA efforts to prevent fraud and abuse, recent changes to the 7(a) program, and how Congress can continue to empower the office to reach more small…

Ranking Member Velázquez’s Statement on GOP Subpoenas to SBA

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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 regarding subpoenas issued by committee Republicans to the Small Business Administration (SBA):               “Today, the House Small Business Committee issued a subpoena for the first…

Velázquez Examines Impact of Anti-Money Laundering Law on Small Businesses During Committee Hearing

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 Washington, D.C.— Today, the House Small Business Committee held a hearing examining the impact of the Corporate Transparency Act (CTA), legislation to crack down on foreign and domestic criminals who exploit weak federal laws to engage in illegal activity through anonymous shell companies. During the hearing, Ranking Member Nydia M. Velázquez (D-NY) highlighted the relatively…

House Passes Four Bipartisan Small Business Bills to Mark Small Business Week

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Washington, DC - Today, the House passed four bipartisan small business bills, including legislation to better support underserved entrepreneurs and address the challenges facing small government contractors. “As we recognize National Small Business Week, we have much to celebrate as we’ve seen more than 17 million new businesses starts since President Biden took office,” said…

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

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Washington, DC - Today, the House Small Business Committee passed seven bipartisan small business bills to better support underserved entrepreneurs, increase access to capital, and improve federal procurement rules for small firms.     “These seven bills will make needed improvements to SBA programs and services – from focusing on rural, disaster, and disabled communities…

SBA Administrator Guzman Testifies on Agency Priorities and FY 25 Budget Justification During Committee Hearing

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Washington, DC – Today, Small Business Administration (SBA) Administrator Isabel Guzman testified before the House Small Business Committee on agency priorities and the agency’s FY 2025 budget justification during a full committee oversight hearing. During the hearing, Ranking Member Nydia M. Velázquez (D-NY) highlighted small businesses' progress under the Biden administration, examined…

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