WASHINGTON - Today, House Small Business Committee Ranking Member Nydia Velázquez (D-NY) and Senate Small Business Committee Ranking Member Edward J. Markey (D-MA) introduced the Investing in the American Dream Act at a press conference alongside Congressional Asian Pacific American Caucus Executive Board Member Derek Tran (D-CA), Congressional Black Caucus Member Lateefah… Read more »
WASHINGTON — Today, the House Small Business Committee held a hearing examining the impact of the One Big Beautiful Bill Act on American small businesses.
During the hearing, Ranking Member Nydia M. Velázquez (D-NY) argued that the bill’s tax cuts overwhelmingly benefit the wealthy while small businesses are being squeezed by tariffs, rising health care costs, and… Read more »
WASHINGTON —Today, House Small Business Committee Ranking Member Nydia M. Velázquez (D-NY) released a second staff report detailing how the Trump administration’s mass deportation campaign is draining the American labor force and destabilizing the core sectors that power Main Street.
The report, The Dying American Dream and the Trump Administration, Part… Read more »
WASHINGTON —Today, House Small Business Committee Ranking Member Nydia M. Velázquez (D-NY) released a new staff report detailing how Trump Administration policies are accelerating the collapse of small farms, deepening the rural economic crisis, and threatening the long-term stability of America’s food system.
The report, Breaking… Read more »
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 »
