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 »
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 the Shuttered Venue Operators Grant (SVOG) program would start accepting applications on April 8th, 2021:
“Today’s announcement is excellent news for the independent… Read more »
Washington, D.C.— Today, House Small Business Committee Chairwoman Nydia M. Velázquez (D-NY) issued the following statement after the Senate voted to confirm Isabel Guzman as the next Administrator of the Small Business Administration (SBA):
“As the SBA helps guide small businesses towards recovery, the agency needs experienced leadership with a… Read more »
Washington, D.C.— Today, the House vote to pass the bipartisan Paycheck Protection Program (PPP) Extension Act. The bill was introduced by House Small Business Committee Chairwoman Nydia M. Velázquez (D-NY), Ranking Member Blaine Luetkemeyer (R-MO), Congresswoman Carolyn Bourdeaux (D-GA), and Congresswoman Young Kim (R-CA).
The bill includes provisions to extend the PPP… Read more »
Washington, D.C.— Today, the House Small Business Committee, led by Chairwoman Nydia M. Velázquez (D-NY), held a hearing examining the current state of the Paycheck Protection Program (PPP) and the future of the program, which is currently set to expire on March 31st. The hearing also gave small business owners and lenders the opportunity to testify on the impact of a recent set of… Read more »
Washington, D.C.— Today, the House Small Business Committee Chairwoman Nydia M. Velázquez (D-NY), Senator Mazie K. Hirono (D-HI), Thom Tillis (R-NC), and Congressman Steve Stivers (R-OH) introduced the Inventor Diversity for Economic Advancement Act (“IDEA Act”) of 2021. The bill includes provisions to level the playing field for women and minority inventors, who are underrepresented… Read more »
