Skip to Content

Press Releases

House Passes Four Committee Bills to Improve and Expand SBA Programs

| Posted in Press Releases

Washington, D.C.— Today, the House passed four bipartisan bills to improve the Small Business Administration (SBA) Microloan program, increase small business exporting opportunities, and expand federal small business initiatives to the Northern Mariana Islands, the only U.S. jurisdiction not currently covered by these SBA programs.   “Staying true to the tradition of our…

Finkenauer Looks to Entrepreneurship to Kickstart Rural Recovery

| Posted in Press Releases

Washington, D.C.— Yesterday, the House Small Business Subcommittee on Rural Development, Agriculture, Trade, and Entrepreneurship, led by Chairwoman Abby Finkenauer (D-IA), held a virtual hearing exploring policies to boost entrepreneurship in rural communities to help expedite their economic recovery.    “Due to the downturn in our economy, 7.5 million small businesses are…

Velázquez Pushes for More Transparency and Accessibility in Fintech Space for Small Business Lending

| Posted in Press Releases

Washington, D.C.— Today, the House Small Business Committee, led by Chairwoman Nydia M. Velázquez (D-NY), held a virtual hearing examining the current landscape of financial technology (Fintech) lending for small businesses. In recent years, online lending has become an increasingly popular avenue for small businesses looking for alternative financing options.    “It has…

Chairwoman Velázquez Announces September Hearings

| Posted in Press Releases

Washington, D.C.— Today, House Small Business Committee Chairwoman Nydia M. Velázquez (D-NY) announced several Committee hearings throughout September:   Wednesday, September 9 – 1 PM – Remote Hearing: Transparency in Small Business Lending   Thursday, September 10 – 1 PM – Remote Hearing: Kick Starting Entrepreneurship and Main Street Economic Recovery (Subcommittee on…

Chairwoman Velázquez on SBA OIG’s Management Alert on Fraud Potential in EIDL Program

| Posted in Press Releases

Washington, D.C.— Today, House Small Business Committee Chairwoman Nydia M. Velázquez (D-NY) released the following statement in response to a new Small Business Administration (SBA) Office of the Inspector General (OIG) Management Alert raising concerns regarding the potential for fraud and abuse in the COVID-19 Economic Injury Disaster Loan (EIDL) program:    …

Chu Conducts Review of SBA Technology Systems and Modernization Efforts

| Posted in Press Releases

Washington, D.C.— Today, the House Small Business Subcommittee on Investigations, Oversight, and Regulations, under Chairwoman Judy Chu (D-CA), held a hybrid hearing focused on long-standing technological issues at the Small Business Administration (SBA). Though the SBA has made strides in improving their IT over the past decade, the influx of activity from small business owners…

House-Passed NDAA Legislation Showcases Bipartisan Small Business Reforms

| Posted in Press Releases

Washington, D.C.— Under the FY 2021 National Defense Authorization Act (NDAA) passed by the House this evening, small businesses will be granted greater opportunities to participate in the federal procurement marketplace. Several bipartisan measures authored by Committee members were included in the final bill.   Preserving Small Business Contracting Opportunities (Led by Rep.…

Velázquez Looks for Lasting Solutions for Small Business Recovery

| Posted in Press Releases

Washington, D.C.— Today, the House Small Business Committee under Chairwoman Nydia M. Velázquez (D-NY) examined additional bold legislative solutions to help small businesses recover in the wake of the COVID-19 crisis. The virtual hearing covered relief efforts put in place during the Great Recession to aid small businesses, current programs implemented since the start of the crisis,…

Chairwoman Velázquez Announces Additional July Hearings

| Posted in Press Releases

Washington, D.C.— Today, House Small Business Committee Chairwoman Nydia M. Velázquez (D-NY) announced several Committee hearings throughout July:   Wednesday, July 15 – 1 P.M.: Remote Hearing: Long-Lasting Solutions for a Small Business Recovery   Thursday, July 16 – 1 P.M.: Remote Hearing: Putting America Back to Work: The Role of Workforce Development and Small…

Back to top