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Velázquez Stresses Need for Bold Action During Hearing on the State of the Small Business Economy During COVID

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Washington, D.C.— Today, the House Small Business Committee under Chairwoman Nydia M. Velázquez (D-NY) held a hybrid hearing examining the small business economy’s current state amid the ongoing pandemic. This was the first full committee hearing of the 117th Congress and provided lawmakers with a comprehensive view of the reality that business owners face as the pandemic rages on.…

Chairwoman Velázquez Announces Subcommittee Chairs and Assignments for 117th Congress

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Washington, D.C.— Today, House Small Business Committee Chairwoman Nydia M. Velázquez (D-NY) announced the five subcommittee chairs and the members that will serve on them during the 117th Congress. Subcommittee chairs were selected via seniority and confirmed unanimously by other members during the committee’s organizational meeting.   “Our new subcommittee chairs represent a…

Chairwoman Velázquez Applauds President Biden’s “Buy American” Executive Order

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Washington, D.C.— Today, House Small Business Committee Chairwoman Nydia M. Velázquez (D-NY) issued the following statement following President Biden signing a “Buy American” executive order for government procurement:          “The ongoing COVID-19 pandemic created a once in a lifetime crisis for American small businesses. Since the start of his campaign,…

Velázquez Announces Democratic Committee Members for 117th Congress

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Washington, D.C.— Today, House Small Business Committee Chairwoman Rep. Nydia M. Velázquez (D-NY) announced the Committee’s Democratic roster for the 117th Congress. The Democratic Steering and Policy Committee selected the Members and the Democratic Caucus voted for their approval.    “I am pleased to welcome this talented group of lawmakers to the Committee for the 117th…

Chairwoman Velázquez Statement on December Jobs Report

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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 marks yet another big miss on employment numbers and shows that our recovery is…

Velázquez Welcomes New Members to Small Business Committee

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Washington, D.C.— Today, House Small Business Committee Chairwoman Nydia M. Velázquez (D-NY) welcomed three new members to the Committee following their nomination by the House Democratic Steering Committee. Rep. Dean Phillips (D-MN), Rep. Carolyn Bourdeaux (D-GA), and Rep. Marie Newman (D-IL) will serve on the Committee during the 117th Congress.   “As we enter the 117th…

Chairwoman Velázquez on House Passage of Omnibus and Emergency Small Business Relief Package

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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 H.R. 133, a bill consisting of omnibus spending, coronavirus relief, and authorizations:          “Small businesses have voiced the need for additional stimulus for months. Republicans have finally dropped…

Chairwoman Velázquez on November Jobs Report

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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 November jobs report:        “Today’s big miss on employment numbers is a flashing warning sign about the state of our economy. Job growth has slowed sharply, and permanent job loss continues to rise.…

House Passes Legislation to Make Small Businesses in Cannabis Industry Eligible for SBA Lending Programs

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Washington, D.C.— Today, the House of Representatives passed the Marijuana Opportunity Reinvestment and Expungement (MORE) Act of 2020. The bipartisan bill decriminalizes marijuana at the federal level while enabling states to set their regulatory policies without the threat of federal intervention. The bill also includes provisions, championed by Chairwoman Nydia M. Velázquez (D-NY),…

House Passes Four Committee Bills to Enhance SBA Lending and Federal Contracting Programs

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Washington, D.C.— Today, the House passed four bipartisan bills to make key changes to the Small Business Administration’s (SBA) 504 and 7(a) lending programs and to improve the appeals process in the HUBZone federal contracting program.   "Today, my colleagues from both sides of the aisle joined together to support small businesses by passing these bills to enhance access to…

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