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Washington, D.C.— Today, House Small Business Committee Chairwoman Nydia M. Velázquez (D-NY) issued the following statement after the House voted to pass the Build Back Better Act:                “Today’s passage of the Build Back Better Act is historic for the American people and American small businesses. Since the… Read more »

Washington, D.C.— Today, the House Small Business Committee, under Chairwoman Nydia M. Velázquez (D-NY), held a hybrid hearing with Small Business Administrator (SBA) Isabella Casillas Guzman. During the hearing, Administrator Guzman updated committee members on the status of pandemic relief programs, the challenges facing the agency, and the benefits of the Biden administration’s… 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 October jobs report:                  “The October jobs report shows that the economy is shaking off the Delta variant and rapidly progressing toward… Read more »

Washington, D.C.—Today, the U.S. Congress Joint Economic Committee (JEC), led by Congressman Don Beyer (D-VA); the Congressional Hispanic Caucus (CHC), led by Congressman Raul Ruiz, M.D. (D-CA); and the House Small Business Committee, led by Congresswoman Nydia Velázquez (D-NY) released a new report examining the state of Hispanic entrepreneurship and businesses ownership in the United… Read more »

Washington, D.C.— Yesterday, during a House Rules Committee hearing on the Build Back Better Act, House Small Business Committee Chairwoman Nydia M. Velázquez (D-NY) delivered these remarks in favor of the small business provisions in the Build Back Better Act:    As Prepared for Delivery          “Chairman McGovern, Ranking Member Cole, and members… Read more »

Washington, D.C.— Today, the House Small Business Committee, led by Chairwoman Nydia M. Velázquez (D-NY), held a hearing examining the rapid rise in business startups that occurred during the pandemic. In 2020, Americans filed paperwork to start 4.3 million new businesses, by far the highest number on record over the past 15 years.    “The pandemic disrupted many areas of… Read more »

Washington, D.C.— Today, the House passed a set of six bipartisan bills that originated out of the House Small Business Committee. The bills feature measures to improve critical SBA lending programs and boost small business cyber-security protections. One bill, H.R. 3469, will reauthorize a program providing entrepreneurial development training to veterans. The House passed the… Read more »

I wish to start by thanking our distinguished witnesses for joining us today for this vital hearing on the state of the global supply chain and its impact on small businesses. The ongoing COVID-19 pandemic is a once-in-a-generation crisis that has created massive economic challenges for businesses and consumers alike. An extraordinary increase in demand for goods has exacerbated the many… Read more »

Washington, D.C.— Today, Subcommittee on Oversight, Investigations, and Regulations Chairman Dean Phillips (D-MN) held a hearing examining the impact of global supply chain issues on American small businesses. The hearing occurred in the wake of product shortages and shipping delays around the world that have affected the day-to-day operations of small firms.   “The complexities of… Read more »

Washington, D.C.— Today, the House Small Business Committee Subcommittee on Contracting and Infrastructure, led by Chairman Kweisi Mfume (D-MD), held a remote hearing examining the recent decline in the federal small business supplier base. The hearing focused on the policy of Category Management and its impact on small firms; small contractors testified on the challenges the policy… Read more »