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Press Releases

Velázquez Probes Problems Within SBA COVID-19 Relief EIDL Program

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Washington, D.C.— Today, the House Small Business Committee under Chairwoman Nydia M. Velázquez (D-NY) gathered small business owners to examine issues within the Small Business Administration’s (SBA) COVID-19 Economic Injury Disaster Loan (EIDL) program. The virtual hearing featured EIDL applicants, who testified on their experience accessing the program and the many issues they…

Chairwoman Velázquez and Ranking Member Chabot Lead Bipartisan Letter to SBA on Issues Within COVID-19 Relief EIDL Program

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Washington, D.C.— Today, House Small Business Committee Chairwoman Nydia M. Velázquez (D-NY) and Ranking Member Steve Chabot (R-OH) led a bipartisan group of Committee members in a letter to the Small Business Administration (SBA) seeking more information regarding issues small business borrowers are facing within the Economic Injury Disaster Loan (EIDL) program, as it was extended…

Chairwoman Velázquez Announces June Hearings

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Washington, D.C.— House Small Business Committee Chairwoman Nydia M. Velázquez (D-NY) has announced several remote Committee hearings for the month of June:     Wednesday, June 10, 2020 – 1:00 P.M.- Remote Hearing: The Economic Injury Disaster Loan Program: A View from Main Street   Wednesday, June 17, 2020 – 1:00 P.M.- Remote Hearing: Paycheck…

Chairwomen Velázquez, Maloney, Chu, and Pro-Choice Caucus Co-Chairs, lead over 160 Members of Congress in Denouncing Ideological Attacks on Planned Parenthood Health Centers over PPP Loans

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Washington, D.C.—Today, House Small Business Committee Chairwoman Nydia M. Velázquez (D-NY), House Oversight and Reform Committee Chairwoman Carolyn B. Maloney (D-NY), Small Business Subcommittee on Investigations, Oversight and Regulations Chairwoman Judy Chu (D-CA), and Reps. Barbara Lee (D-CA) and Diana DeGette (D-CO), Co-Chairs of the Congressional Pro-Choice Caucus, led 161 other…

Crow Hosts Forum Examining the Issues Facing Small Business Insurance Policyholders Related to COVID-19

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Today, the House Small Business Subcommittee on Innovation and Workforce Development, under Chairman Jason Crow (D-CO), held a virtual forum focused on the issues facing small businesses trying to make business interruption insurance claims related to COVID-19.  “At a time when millions of small businesses are struggling to stay afloat, the unemployment rate is at levels not seen…

Chairwoman Velázquez Announces Virtual Committee Events in May

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Washington, D.C.— Today, House Small Business Committee Chairwoman Nydia M. Velázquez (D-NY) announced several Committee virtual events throughout the month of May:   Wednesday, May 13 – 1 PM: Bipartisan Virtual Forum: A Conversation with SBA Lenders   Friday, May 15 – 10 AM: First Look: SBA Office of Inspector General Preliminary PPP Report   Wednesday, May 20 –…

Chairwoman Velázquez on The Heroes Act

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Washington, D.C.— Today, House Small Business Committee Chairwoman Nydia M. Velázquez (D-NY) issued the following statement on the introduction of H.R. 6800, The Heroes Act:              “As the impact of coronavirus continues to devastate Main Streets across America, the Heroes Act is the next step towards rebooting our economy and ensuring…

Velázquez Announces the Addition of Newly Elected Congressman Kweisi Mfume to Committee

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Washington, D.C.— Today, Chairwoman Nydia M. Velázquez (D-NY) announced the addition of Rep. Kweisi Mfume (D-MD) to the Committee’s roster of members. The appointment marks a return to the Committee for Rep. Mfume, who previously sat on the Committee during his prior tenure in Congress and served as the Chair of the then Subcommittee on Minority Enterprise, Finance, and Urban…

Chairs Velázquez and Grijalva: PPP Loan Distribution Must be Equitable for Small Businesses in U.S. Territories

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Washington, D.C.— Today, House Small Business Committee Chairwoman Nydia M. Velázquez (D-NY) and House Natural Resources Committee Chairman Raúl M. Grijalva (D-AZ) penned a letter to the Department of the Treasury and Small Business Administration (SBA) on disparities that have emerged in the allocation of Paycheck Protection Program (PPP) loans in the U.S. territories.  New…

Chairwoman Velázquez on Status of Second Round PPP Loan Funding

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Washington, D.C.— House Small Business Committee Chairwoman Nydia M. Velázquez (D-NY) issued the following statement on the status of the Paycheck Protection Program (PPP) implementation as Congress’ second round of funding is disbursed:              “As the second round of PPP funding kicks in, I remain deeply concerned that the Trump…

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