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Washington, D.C.— Today, House Small Business Committee Chairwoman Nydia M. Velázquez (D-NY) issued the following statement after the Labor Department released its December jobs report:          “The December jobs report showcases the resiliency of the U.S. economy as we continued to add jobs at a steady pace despite the spread of the Omicron variant. Last… 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 November jobs report:                  “The November jobs report shows that the economy is working its way toward recovery at a steady pace. The… Read more »

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 »