Skip to Content

Press Releases

Velázquez Introduces Bill to Launch Student Loan Debt Forgiveness Program for Entrepreneurs

| Posted in Press Releases

Washington, D.C.— Today, House Small Business Committee Ranking Member Nydia M. Velázquez (D-NY) introduced a bill to establish a student loan debt forgiveness and deferment program for entrepreneurs. The Supporting America’s Young Entrepreneurs Act of 2024 seeks to lower one of the most prominent barriers to starting a business, outstanding student loan debt. “Today, debt is weighing…

House Passes Eight Bipartisan Small Business Bills

| Posted in Press Releases

Washington, DC - Today, the House passed eight bipartisan small business bills, including legislation to boost contracting opportunities for women-owned small businesses, protect the integrity of the Women-owned Small Business (WOSB) federal contracting program, and codify the Office of Native American Affairs at the Small Business Administration.    H.R. 7105, The WOSB…

Ranking Member Velázquez Emphasizes Importance of Environmental Protection for Small Businesses During Committee Hearing

| Posted in Press Releases

Washington D.C.— Today, the House Small Business Committee held a hearing examining the impact of Environmental Protection Agency (EPA) regulations on American small businesses. During the hearing, Ranking Member Nydia M. Velázquez (D-NY) discussed the ability of EPA rules to both strengthen environmental safeguards and promote economic growth.   “Smart, well-crafted regulations…

Velázquez Examines Impact of SBA Size Standards on Small Firms

| Posted in Press Releases

Washington D.C.— Today, the House Small Business Committee held a hearing examining Small Business Administration (SBA) size standards and their impact on small businesses. During the hearing, Ranking Member Nydia M. Velázquez (D-NY) highlighted the need for Congress to carefully evaluate and implement changes to size standards to avoid unintended consequences for small…

Ranking Member Velázquez on January Jobs Report

| Posted in Press Releases

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 January jobs report showing that nonfarm payroll employment increased by 353,000:          “The January jobs report is just further evidence that our nation’s economic recovery from…

Ranking Member Velázquez Applauds SBA Release of Minority Contracting Statistics

| Posted in Press Releases

 Washington, D.C.— Today, Congresswoman Nydia M. Velázquez (D-NY), Ranking Member of the House Small Business Committee, applauded the Small Business Administration’s (SBA) release of federal contracting data disaggregated by race.  “Federal contracting programs are intended to level the playing field for small businesses, with some specifically designed to provide assistance…

Ranking Member Velázquez Applauds Committee Passage of Nine Bipartisan Small Business Bills

| Posted in Press Releases

Washington, DC - Today, the House Small Business Committee passed nine bipartisan small business bills to increase opportunities for small firms in government contracting, support Native American entrepreneurs, support independent childcare businesses, and fight fraud in Small Business Administration (SBA) programs.     “The bills passed today make important improvements…

Ranking Member Velázquez on December Jobs Report

| Posted in Press Releases

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 December jobs report showing that nonfarm payroll employment increased by 216,000:          “2023 was a great year for American workers as the December jobs report brings the total…

Ranking Member Velázquez Leads Letter Calling for Guardrails in Government Use of AI Chatbots Serving Small Businesses

| Posted in Press Releases

Washington D.C.— Today, House Small Business Committee Ranking Member Nydia M. Velázquez (D-NY) led seven Small Business Committee Democrats in sending a letter to the White House Office of Management and Budget and the Department of Commerce calling on the agencies to study the effectiveness of AI chatbots in serving small businesses interacting with government…

Ranking Member Velázquez on November Jobs Report

| Posted in Press Releases

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 November jobs report showing that nonfarm payroll employment increased by 199,000:          “Today’s jobs report marked the 34th straight month of jobs growth under President Biden.…

Back to top