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Washington, D.C.—Today, House Small Business Committee Chairwoman Nydia M. Velázquez (D-NY) spoke on the House floor in support of the CARES Act, the third major federal relief bill for Americans hurt by the COVID-19 pandemic:   As Prepared for Delivery          “Thank you, Madam Speaker.  I rise in support of this vital package. Our nation faces an… Read more »

Washington, D.C.—House Small Business Committee Chairwoman Nydia M. Velázquez (D-NY) released the following statement in response to the House introduction of a comprehensive coronavirus emergency response bill, the Take Responsibility for Workers and Families Act:  “For the millions of American small businesses and their employees suffering from the consequences of the… Read more »

Washington, D.C.— Today, House Small Business Committee Chairwoman Nydia M. Velázquez (D-NY) introduced the COVID–19 Relief for Small Businesses Act of 2020, comprehensive legislation that would provide relief to small businesses facing consequences from the ongoing COVID-19 outbreak.  “After speaking with my Committee colleagues and hearing firsthand of the struggles… Read more »

Washington, D.C.— Today, House Small Business Committee Chairwoman Nydia M. Velázquez (D-NY) released the following update on federal efforts to aid small businesses during the COVID-19 outbreak:          “As our nation bands together to fight the spread of the coronavirus pandemic, no employer or worker should be asked to put profit over the health and safety… Read more »

Washington, D.C.— Today, House Small Business Committee Chairwoman Nydia M. Velázquez (D-NY) announced that all scheduled House Small Business Committee hearings for March would be postponed due to the novel coronavirus pandemic.   "During a public health crisis, it is vital that we take the utmost precautions to protect members of Congress, congressional staff, and the… Read more »

Washington, D.C.— Today, House Small Business Committee Chairwoman Nydia M. Velázquez (D-NY) introduced legislation that would create a new program under the Small Business Administration (SBA) to directly supply loans to small businesses impacted by the coronavirus (COVID-19) outbreak.    “As the severity of the coronavirus pandemic continues to affect day-to-day lives,… Read more »

Washington, D.C.— Today, the House Small Business Committee passed four bipartisan bills to modernize SBA lending, improve small business exporting opportunities, and expand federal small business initiatives in U.S. territories.    “Today, our Committee came together to pass four bipartisan bills that will bring new opportunities to current and aspiring entrepreneurs by… Read more »

Washington, D.C.— Today, small business owners and public health experts testified before the House Small Business Committee on the impact the novel coronavirus is having on small firms and the threat the outbreak poses moving forward. Chairwoman Nydia M. Velázquez (D-NY) called the hearing in the wake of the passage of an $8.3 billion emergency supplemental, which included a provision… Read more »

Washington, D.C.— Today, House Small Business Committee Chairwoman Nydia M. Velázquez (D-NY) issued the following statement after the Labor Department released its February jobs statement:          “I fear that February’s job report represents the calm before the storm for America’s small businesses and our economy. As the coronavirus spreads, small firms… Read more »

Washington, D.C.— Yesterday, the House Small Business Subcommittee on Economic Growth, Tax, and Capital Access, under Chair Andy Kim (D-NJ) gathered small business owners to hear how online sales taxes are impacting small businesses in the wake of Supreme Court decision South Dakota v. Wayfair, Inc.   “The Wayfair decision has created real problems for small… Read more »