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Washington, D.C.— Today, House Small Business Committee Chairwoman Nydia M. Velázquez (D-NY) announced several committee hearings throughout July:   Wednesday, July 13, 2022- 10 A.M.- Hybrid Hearing: Fintech and Transparency in Small Business Lending (Subcommittee on Oversight, Investigations, and Regulations)   Thursday, July 14, 2022- 10 A.M.- Hybrid Hearing: A Review and… Read more »

Washington, D.C.— Today, the House Small Business Committee, chaired by Rep. Nydia M. Velázquez (D-NY), held a hearing reviewing the Small Business Administration’s (SBA) Office of Government Contracting and Business Development (GCBD) and their administration of the agency’s procurement initiatives.    “When a small firm wins a federal contract, it initiates a ripple effect… Read more »

Washington, D.C.— Today, House Small Business Committee Chairwoman Nydia M. Velázquez (D-NY) announced the addition of Rep. Scott Peters (D-CA) to the Committee’s roster of members:   "During his tenure in Congress, Congressman Scott Peters has proven to be a stalwart advocate for small businesses in San Diego County and across the country. From his time in local government to his… Read more »

Washington, D.C.— Today, the House Small Business Committee under Chairwoman Nydia M. Velázquez held a hearing examining the impact of governmentwide contracts, including the Best-In-Class (BICs) contracts that originate from the Category Management initiative, on small businesses in the federal marketplace. From the time Category Management was first implemented in 2016 to 2019, the… Read more »

Washington, D.C.— Today, the House passed seven bipartisan committee bills to improve the operation and oversight of key Small Business Administration (SBA) programs. The slate of bills includes legislation to extend the statute of limitations on small business pandemic fraud cases, enhance workforce development offerings, and improve the procurement process for small… Read more »

Washington, D.C.— Today, the House Small Business Committee under Chairwoman Nydia M. Velázquez (D-NY) held a hearing highlighting the role of veteran-owned businesses in the American economy and the challenges aspiring veteran entrepreneurs face when transitioning to civilian life.    “As members of this committee know, starting a small business isn’t for the faint of heart.… Read more »

Washington, D.C.— Today, House Small Business Committee Chairwoman Nydia M. Velázquez (D-NY) issued the following statement after the Labor Department released its May jobs report showing that non-farm payroll employment increased by 390,000:             “Today’s jobs data shows that the American economy continues to beat expectations and build… Read more »

Washington, D.C.— Today, House Small Business Committee Chairwoman Nydia M. Velázquez (D-NY) announced several committee hearings throughout June:   Wednesday, June 8, 2022- 10 A.M.- Hybrid Hearing: Military to Main Street: Serving Veteran Entrepreneurship   Tuesday, June 14, 2022- 10 A.M.- Hybrid Hearing: Are Governmentwide Acquisition Contracts Helping or Hurting Small… Read more »

Our nation’s 30 million small businesses come in all shapes and sizes across various industries. But regardless of the product they sell or the number of employees on their payroll, the ability to access capital is crucial to their success. Unfortunately, our committee frequently hears from entrepreneurs about their struggle to obtain an affordable loan on reasonable, non-predatory… Read more »

Washington, D.C.— Today, the House Small Business Committee, led by Chairwoman Nydia M. Velázquez (D-NY), held a hearing reviewing the challenges facing the Small Business Administration’s (SBA) Office of Capital Access (OCA). OCA is responsible for managing the SBA’s loan programs, which provide guarantees for short- and long-term loans on reasonable terms for small businesses that… Read more »