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… Read more »
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… Read more »
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… Read more »
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… Read more »
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… Read more »
WASHINGTON — Today, Rep. Nydia M. Velázquez (D-NY), Ranking Member of the House Small Business Committee, announced the endorsement of her legislation, the Protecting Small Business Competitions Act, by a broad coalition of hundreds of small businesses and stakeholder groups representing thousands of small businesses across the country.
“As Ranking Member of the Small… Read more »
WASHINGTON – Today, at a House Small Business Committee hearing titled “Securing America’s Mineral Future: Unlocking the Economic Value Beneath Our Feet,” Democratic Members called for a balanced approach to securing critical minerals, which are essential to clean energy, national defense, and small business innovation.
In a prepared statement, Ranking Member Nydia M. Velázquez… Read more »
WASHINGTON – Yesterday, the House Small Business Subcommittee on Innovation, Entrepreneurship, and Workforce Development, led by Ranking Member Hillary Scholten (D-MI), held a hearing titled “Beyond the Ballpark: The Role of Minor Leagues in Economic Growth.” The hearing examined how minor league teams support local economies and boost small businesses in communities across the… Read more »
WASHINGTON- Today, House Small Business Committee Ranking Member Nydia Velázquez (D-NY), Congresswoman Lateefah A. Simon (D-CA), and Congressman Gilbert R. Cisneros Jr. (D-CA), announced two bills designed to protect small businesses during the federal government’s rewrite of its procurement regulations. Together, the bills will help ensure that when changes are made to these… Read more »
WASHINGTON– Today, during the House Small Business Committee hearing “Budgeting for Growth: Testimony from SBA Administrator Kelly Loeffler,” Democratic Members of the Committee pressed Administrator Loeffler on sweeping staff reductions, harmful program cuts, and the Trump administration’s erratic economic policies are impacting small businesses.
During the hearing, Ranking… Read more »