Washington, D.C.— Today, House Small Business Committee Chairwoman Nydia M. Velázquez (D-NY) and Rep. Byron Donalds (R-FL) introduced legislation to preserve payment protections for small construction firms working as subcontractors on federal projects. The legislation would exclude the threshold for construction contracts that must be bonded under the Miller Act from periodic… Read more »
Washington, D.C.— Today, the House Small Business Committee Subcommittee on Economic Growth, Tax, and Capital Access, led by Chairwoman Sharice Davids (D-KS), held a hearing examining the impact of COVID-19 on domestic supply chains and the role of small manufacturers in strengthening them.
“Small manufacturers have played a critical role during the pandemic, pivoting… Read more »
Washington, D.C.— Today, the House Small Business Committee, led by Chairwoman Nydia M. Velázquez (D-NY), held a remote hearing exploring the importance of immigrant-owned businesses to the American economy and their role in the recovery from the COVID-19 pandemic.
“If our economy is to recover, we need immigrant businesses operating at full strength. As was the… Read more »
Washington, D.C.— Today, House Small Business Committee Chairwoman Nydia M. Velázquez (D-NY) issued the following statement after President Biden’s first address to a joint session of Congress:
“For over a year, our nation’s entrepreneurs have suffered through a once-in-a-lifetime crisis. The pandemic closed more small businesses in 2020 than any other… Read more »
Washington, D.C.— Today, House Small Business Committee Chairwoman Nydia M. Velázquez (D-NY) issued the following statement recognizing Earth Day:
“This Earth Day, it’s more important than ever to celebrate the natural gifts our planet grants us and recommit ourselves to environmental protection. Since last Earth Day, we’ve continued to see the… Read more »
Washington, D.C.— Today on 4/20, House Small Business Committee Chairwoman Nydia M. Velázquez (D-NY), Rep. Dwight Evans (D-PA), and Rep. Jared Golden (D-ME) reintroduced legislation to open several Small Business Administration (SBA) programs to small firms operating in the legal cannabis sector.
Chairwoman Velázquez introduced The Ensuring Safe Capital Access for All… Read more »
Washington, D.C.— Today, House Small Business Committee Chairwoman Nydia M. Velázquez (D-NY), led a hearing regarding reports of waste, fraud, and abuse in the Paycheck Protection Program (PPP) and Economic Injury Disaster Loan (EIDL) program. The hearing featured testimony from representatives from the Small Business Administration Office of the Inspector General (SBA OIG) and the… Read more »
Washington, D.C.— Today, House Small Business Committee Chairwoman Nydia M. Velázquez (D-NY) issued the following statement after President Joe Biden released his $1.5 trillion proposal for discretionary spending in fiscal year 2022:
“President Biden’s first budget request to Congress is a welcome change following years of senseless proposed cuts to the… Read more »
Washington, D.C.— Today, House Small Business Committee Chairwoman Nydia M. Velázquez (D-NY) led nine Committee Democrats in writing to Postmaster General Louis DeJoy regarding the potential negative impacts of his ten-year plan on small businesses. The newly announced plan includes provisions that would slow delivery standards and close post office locations around the country. The… Read more »
Washington, D.C.— Today, House Small Business Committee Chairwoman Nydia M. Velázquez (D-NY) issued the following statement after the Small Business Administration (SBA) announced a series of reforms to the COVID-19 Economic Injury Disaster Loan (EIDL) program:
“EIDL has been a vital resource for struggling small businesses since it was opened up to… Read more »
