WASHINGTON- Today, House Small Business Committee Ranking Member Nydia M. Velázquez (D-NY) sent a letter to President Donald Trump and Secretary of Education Linda McMahon raising alarm over the administration’s plans to transfer the Department of Education’s (DOE) $1.6 trillion federal student loan portfolio to the Small Business Administration (SBA).
In the letter, Velázquez… Read more »
WASHINGTON – Today, the House Small Business Committee held a hearing examining how tax policy impacts American small businesses. During the hearing, Ranking Member Nydia M. Velázquez (D-NY) underscored the need for a fairer tax system that supports small firms rather than prioritizing large corporations and the wealthy.
“Main Street businesses form the bedrock of our nation’s… Read more »
WASHINGTON– Today, the House Small Business Committee held a hearing on how private investment, including through the SBA’s Small Business Investment Company (SBIC) program, supports small business growth.
Ranking Member Nydia Velázquez (D-NY) focused on the need to ensure private capital is accessible to all entrepreneurs—not just those in major markets or with existing… Read more »
WASHINGTON- Today, the House Small Business Committee held a hearing titled “The Golden Age: Unleashing Main Street Through Deregulation”. During the hearing, Ranking Member Nydia M. Velázquez (D-NY) criticized the Trump Administration for promoting policies that have created widespread confusion and harm for small businesses across the country.
“Some may argue that the ‘golden age of… Read more »
WASHINGTON– Today, Rep. Nydia M. Velázquez (D-NY) released the following statement after President Trump announced that the Small Business Administration (SBA) will take over management of the federal government’s student loan portfolio, following the dismantling of the Department of Education:
“Trump’s decision to shift responsibility over the federal government’s approximately… Read more »
WASHINGTON – Today, Rep. Nydia M. Velázquez (D-NY), Ranking Member of the House Small Business Committee, led committee members and other House Democrats in sending a letter to the Small Business Administration (SBA), raising serious concerns about the abrupt decision to relocate six SBA regional offices.
On March 6th, SBA Administrator Kelly Loeffler announced plans to relocate… Read more »
WASHINGTON– 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 February jobs report:
“The February jobs report flashes warning signs for the Trump economy. Job growth slowed more than expected, showing the economic uncertainty caused by the administration’s reckless trade… Read more »
WASHINGTON- Today, the House Small Business Committee passed seven bipartisan bills aimed at expanding opportunities for small businesses, improving federal contracting transparency, helping entrepreneurs with disabilities, and strengthening workforce pipelines to support entrepreneurs and workers.
“These bills address critical gaps in SBA programs to ensure small firms have a… Read more »
WASHINGTON– The House passed seven bipartisan small business bills, including legislation to prevent fraudsters from participating in SBA programs, expand opportunities for small firms in government contracting, support veteran entrepreneurs, and improve access to disaster assistance for rural small businesses.
“Small businesses are the backbone of our economy, and today, the… Read more »
WASHINGTON – Today, Representatives Nydia M. Velázquez (D-NY), Ranking Member of the House Small Business Committee, and Derek Tran (D-CA), Ranking Member of the Subcommittee on Oversight and Investigations, sent a letter to the Small Business Administration (SBA) demanding answers about the abrupt termination of SBA employees. Their inquiry follows a series of confusing and contradictory… Read more »
