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McIver Presses for More Equitable Access to Capital at Small Business Hearing

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WASHINGTON – Today, the House Small Business Subcommittee on Economic Growth, Tax, and Capital Access, led by Ranking Member LaMonica McIver (D-NJ), held a hearing examining how private investment—including venture capital, private credit, and the SBA’s Small Business Investment Company (SBIC) program—is shaping the small business economy. During the hearing, McIver emphasized the need…

Ranking Member Velázquez Statement on Court Striking Down Trump’s Reckless Tariffs

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Washington, D.C. — Today, Rep. Nydia M. Velázquez (D-NY), Ranking Member of the House Small Business Committee, issued the following statement after a federal court struck down President Trump’s attempt to impose broad tariffs under emergency powers:   “Yesterday’s decision is a win for the small businesses that have been hammered by these tariffs. Over the past several months,…

Ranking Member Velázquez and Norton Sound the Alarm Over ICE Raids on DC Small Businesses

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 WASHINGTON—Today, Rep. Nydia M. Velázquez (D-NY), Ranking Member of the House Small Business Committee, and Congresswoman Eleanor Holmes Norton (D-DC), led a letter to the Department of Homeland Security (DHS) and U.S. Immigration and Customs Enforcement (ICE) raising alarm over recent enforcement actions targeting restaurants and small businesses in the Washington, D.C. area. The…

Velázquez Highlights Growing Pressures Facing Franchise Owners Under Trump’s Economic Policies

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WASHINGTON – Today, the House Small Business Committee held a hearing titled “A Small Part in a Big Company: Examining the Power of Franchising in the American Economy.” The hearing examined how economic instability and federal policies are affecting the franchise model, which includes many small, independently owned businesses across the country.   During the hearing, Ranking…

Ranking Members Velázquez, and Markey Introduce Bicameral Legislation to Permanently Authorize Small Business Innovation Programs

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WASHINGTON – Today, House Small Business Committee Ranking Member Nydia M. Velázquez (D-NY) and Senate Small Business Committee Ranking Member Edward J. Markey (D-MA) introduced the SBIR and STTR Reauthorization Act of 2025.   The bill would permanently authorize and strengthen two of the federal government’s most successful small business innovation programs: the Small Business…

Committee Republicans Push Partisan SBA Agenda While Small Businesses Get Left Behind

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WASHINGTON – Today, Republicans on the House Small Business Committee pushed through a slate of controversial, unvetted bills that ignore the real challenges facing entrepreneurs and small firms.   While small businesses struggle with rising prices and the fallout from Trump’s reckless tariff policies, Republicans advanced seven bills that have not received any hearing, testimony,…

Ranking Member Velázquez Leads House Democrats in Urging Trump Admin to Protect Small Businesses from Tariff Chaos

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Today, Congresswoman Nydia M. Velázquez (D-NY), Ranking Member of the House Small Business Committee, led 68 House Democrats in calling on the Trump administration to protect small businesses from the fallout of its escalating trade war.     “Taxes on imported goods hit small businesses the hardest, with 88 percent of small firms relying on imports for the goods they…

Velázquez Demands Trump Administration Abandon Plan to Shift Student Loans to SBA

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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…

Velázquez Highlights Need for Tax System Geared Toward Small Businesses During Committee Hearing

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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…

Velázquez Presses for Increase Equitable Access to Capital for Entrepreneurs

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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…

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