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House Passes Seven Bipartisan Small Business Bills

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WASHINGTON– The House passed seven bipartisan small business bills, including legislation to prevent fraudsters from participating in SBA programs, expand opportunities for small firms in government contracting, support veteran entrepreneurs, and improve access to disaster assistance for rural small businesses.   “Small businesses are the backbone of our economy, and today, the…

Ranking Member Velázquez and Tran Demand Answers on Mass Firings at SBA

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WASHINGTON – Today, Representatives Nydia M. Velázquez (D-NY), Ranking Member of the House Small Business Committee, and Derek Tran (D-CA), Ranking Member of the Subcommittee on Oversight and Investigations, sent a letter to the Small Business Administration (SBA) demanding answers about the abrupt termination of SBA employees. Their inquiry follows a series of confusing and contradictory…

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…

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