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Ranking Member Velázquez Works to Build on Small Business Success Under Biden During Hearing

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WASHINGTON- Today, the House Small Business Committee held a hearing to examine the outlook for American small businesses during the 119th Congress. During the hearing, Ranking Member Nydia M. Velázquez emphasized the need for Congress to build on the progress that small businesses have made under the Biden administration and to push back against efforts to weaken the Small Business…

Ranking Member Velázquez, Committee Democrats Demand Answers About Musk Access to SBA Systems

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WASHINGTON- Today, Rep. Nydia M. Velázquez, Ranking Member of the House Small Business Committee, led Democratic Committee members in sending a letter to Small Business Administration (SBA) Acting Administrator Everett Woodel, urging the agency to immediately clarify the extent of Elon Musk’s Department of Government Efficiency (DOGE) access to SBA systems. The letter follows reports…

Ranking Member Velázquez on President Trump’s Inspectors General Removals

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WASHINGTON- Today, Rep. Nydia M. Velázquez, Ranking Member of the House Small Business Committee, released the following statement after President Donald Trump fired 17 independent inspectors general at various agencies, including the Small Business Administration:   “Inspectors General play a vital role as independent watchdogs, working to uncover waste, fraud, and abuse while…

Ranking Member Velázquez Announces 119th Congress Subcommittee Ranking Members and Assignments

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Ranking Member Velázquez Announces 119th Congress Subcommittee Ranking Members and Assignments   Washington, D.C.— Today, House Small Business Committee Ranking Member Nydia M. Velázquez (D-NY) released the following statement announcing subcommittee Ranking Members for the 119th Congress:   “It’s an honor to welcome this dynamic group of legislators to the Committee for…

Ranking Member Velázquez Announces Committee Members for 119th Congress

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WASHINGTON- Today, House Small Business Committee Ranking Member Nydia M. Velázquez (D-NY) announced committee members for the 119th Congress following their unanimous approval by the House Democratic Caucus.   “I am pleased to welcome this talented group of legislators to the Committee for the 119th Congress,” said Ranking Member Velázquez. “We have many new faces joining us,…

Velázquez Introduces Bills to Improve Key SBA Programs

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 WASHINGTON – Rep. Nydia M. Velázquez (D-NY), Ranking Member of the House Small Business Committee, has introduced multiple pieces of legislation to address key issues facing small businesses, including improving vital Small Business Administration (SBA) capital access programs, facilitating employee ownership of small businesses, and expanding access to SBA disaster…

Velázquez and McGarvey Request Detailed Data on 7(a) Loan Program

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WASHINGTON – Today, Rep. Nydia M. Velázquez (D-NY), Ranking Member of the House Small Business Committee, and Rep. Morgan McGarvey (D-KY) penned a letter to the Small Business Administration (SBA) calling on the agency to release detailed information on the 7(a) Loan Program.   During a September hearing with SBA Administrator Isabel Guzman, some committee members discussed…

Committee Democrats Statement on SBA Exhausting Funding for New Disaster Loans

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WASHINGTON – Today, House Small Business Committee Ranking Member Nydia M. Velázquez (D-NY), Rep. Judy Chu (D-CA), Rep. Morgan McGarvey (D-KY), Rep. Hillary Scholten (D-MI), Rep. Chris Pappas (D-NH), and Rep. Shri Thanedar (D-MI) issued the following statement after the Small Business Administration (SBA) announced it had exhausted funding for new disaster loans: “This is a…

Ranking Member Velázquez on September Jobs Report

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Washington, D.C. – Today, Rep. Nydia M. Velázquez (D-NY), Ranking Member of the House Small Business Committee, issued the following statement after the Labor Department released its September jobs report showing that nonfarm payroll employment increased by 254,000:   “The September jobs report showcases the continuing strength of the Biden-Harris economy, as we added over 250,000…

Ranking Member Velázquez Delivers Opening Statement During Committee Markup of Republican Bills to Undermine Regulatory Process

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WASHINGTON, DC —Today, Rep. Nydia M. Velázquez (D-NY), Ranking Member of the House Small Business Committee, delivered opening remarks at a full Committee markup.   Ranking Member Velázquez’s remarks as prepared for delivery:   Thank you, Mr. Williams.    Part of our role as members of the Small Business Committee is to recognize the impact regulations have on…

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