Washington, D.C.— Today, Rep. Nydia M. Velázquez (D-NY), Chairwoman of the House Small Business Committee, and Rep. Judy Chu (D-CA), Chairwoman of the Subcommittee on Investigations, Oversight, and Regulations penned a letter to Small Business Administration (SBA) Administrator Jovita Carranza, seeking more information on the status of the SBA’s Economic Injury Disaster Loan… Read more »
Washington, D.C.— Today, House Small Business Committee Chairwoman Nydia M. Velázquez (D-NY) issued the following statement on the Trump Administration's latest COVID-19 relief proposal:
"Just this week, we have learned the economy has lost a record 22.1 million jobs since the beginning of the pandemic with many of those losses… Read more »
Washington, D.C.— Today, House Small Business Committee Chairwoman Nydia M. Velázquez (D-NY) requested that the Small Business Administration (SBA) release data related to COVID-19 relief programs. In her letter, Chairwoman Velázquez asks that the SBA comply with data requests from the Government Accountability Office (GAO) related to SBA’s coronavirus response programs, specifically… Read more »
Washington, D.C.— Today, House Small Business Subcommittee on Investigations, Oversight, and Regulations Chairwoman Judy Chu (D-CA) led a hearing probing internal controls against fraud and abuse in key loan programs at the Small Business Administration (SBA). During the hearing, government watchdog agencies testified on their efforts to prevent fraud and waste in the Paycheck… Read more »
Washington, D.C.— Today, the House Small Business Committee under Chairwoman Nydia M. Velázquez (D-NY), gathered food producers and small business owners to investigate the impact of the COVID-19 crisis on America’s food systems and the small businesses that depend on them.
“Many of the issues facing our food system and society existed pre-pandemic. Now, because of the… Read more »
Washington, D.C- Today, House Small Business Committee Chairwoman Nydia M. Velazquez (D-NY) issued the following statement on House Democrats’ release of an updated Heroes Act:
“Small businesses across the country are struggling. With economic recovery stalling and a new potential wave of small business closures looming, America’s entrepreneurs need… Read more »
Washington, D.C.- Today, the House Small Business Subcommittee on Economic Growth, Tax, and Capital Access, led by Rep. Andy Kim (D-NJ), inspected issues related to the Small Business Administration’s (SBA) Paycheck Protection Program (PPP) loan forgiveness process. Small business owners and lenders testified on problems they have encountered while navigating the loan forgiveness… Read more »
Washington, D.C.— Today, the House Small Business Committee Subcommittee on Innovation and Workforce Development, under Chairman Jason Crow (D-CO) held a hearing examining how the Small Business Administration’s (SBA) legacy technology systems faired throughout the implementation of the Paycheck Protection Program (PPP). The hearing also covered recent issues surrounding the SBA’s… Read more »
Washington, D.C.— Yesterday, House Small Business Committee Chairwoman Nydia M. Velázquez (D-NY) and Ranking Member Steve Chabot (R-OH) introduced a resolution to recognize September 22nd to September 24th as National Small Business Week. The week has been observed annually since 1963 to commemorate the contributions of small business owners and their more than 60 million… Read more »
Washington, D.C.— Today, the House Small Business Committee, led by Chairwoman Nydia M. Velazquez (D-NY), passed four bipartisan bills to make critical changes to the Small Business Administration (SBA) 504 and 7(a) lending programs and to improve the appeals process in the HUBZone federal contracting program.
“Prior to the Coronavirus, the Committee held numerous hearings… Read more »
