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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 »

Washington, D.C.—Today the U.S. House of Representatives passed H.R. 6074, the Coronavirus Preparedness and Response Supplemental Appropriations Act, which enables the Small Business Administration to make an estimated $7 billion in low-cost loans to affected small businesses.              “For many American small businesses, the… Read more »

Washington, D.C.— Today, the House Small Business Committee gathered technology experts and small business owners to discuss the growing use of blockchain technology among small businesses and how the technology can benefit entrepreneurs moving forward.     “Blockchain technology can help small businesses compete on a more level playing field with larger corporations, by… Read more »

Washington, D.C.—On March 10th at 11:30 A.M., the House Committee on Small Business will hold a hearing on the impact of the coronavirus on American small businesses and the economy.                “Not only has coronavirus caused thousands of tragic deaths around the globe, this public health crisis also threatens the… Read more »

Washington, D.C.— Today, following the release of House Democrats’ framework for a five-year $760 billion infrastructure investment, House Small Business Committee Chairwoman Nydia M. Velázquez (D-NY) released a report breaking down the benefits the plan would have on the nation’s small businesses.            “Whether it’s connecting to high-speed… Read more »

Washington, D.C.— Today, House Small Business Committee Chairwoman Nydia M. Velázquez (D-NY) announced that the newly confirmed head of the Small Business Administration (SBA) will be testifying before the full Committee on Wednesday, February 26th at 11:30 A.M.               “I am looking forward to the opportunity to… Read more »

Washington, D.C.— Today, House Small Business Committee Chairwoman Nydia M. Velázquez (D-NY) released a report outlining how the Trump Administration’s 2021 budget proposal will harm small businesses and entrepreneurship in America.             “President Trump’s budget is full of broken promises and instead of investing in the future, threatens to… Read more »