news

 WASHINGTON – Rep. Nydia M. Velázquez (D-NY), Ranking Member of the House Small Business Committee, has introduced multiple pieces of legislation to address key issues facing small businesses, including improving vital Small Business Administration (SBA) capital access programs, facilitating employee ownership of small businesses, and expanding access to SBA disaster… Read more »

WASHINGTON – Today, Rep. Nydia M. Velázquez (D-NY), Ranking Member of the House Small Business Committee, and Rep. Morgan McGarvey (D-KY) penned a letter to the Small Business Administration (SBA) calling on the agency to release detailed information on the 7(a) Loan Program.   During a September hearing with SBA Administrator Isabel Guzman, some committee members discussed… Read more »

WASHINGTON – Today, House Small Business Committee Ranking Member Nydia M. Velázquez (D-NY), Rep. Judy Chu (D-CA), Rep. Morgan McGarvey (D-KY), Rep. Hillary Scholten (D-MI), Rep. Chris Pappas (D-NH), and Rep. Shri Thanedar (D-MI) issued the following statement after the Small Business Administration (SBA) announced it had exhausted funding for new disaster loans: “This is a… Read more »

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 September jobs report showing that nonfarm payroll employment increased by 254,000:   “The September jobs report showcases the continuing strength of the Biden-Harris economy, as we added over 250,000… Read more »

WASHINGTON, DC —Today, Rep. Nydia M. Velázquez (D-NY), Ranking Member of the House Small Business Committee, delivered opening remarks at a full Committee markup.   Ranking Member Velázquez’s remarks as prepared for delivery:   Thank you, Mr. Williams.    Part of our role as members of the Small Business Committee is to recognize the impact regulations have on… Read more »

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 showing that nonfarm payroll employment increased by 142,000:          “The August jobs report shows that the US economy continues to add new jobs at a steady… Read more »

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… Read more »

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… Read more »

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… Read more »

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… Read more »