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Washington, D.C.— Today, House Small Business Committee Chairwoman Nydia M. Velázquez (D-NY) released the following statement in response to President Trump’s 2020 Budget request:            “The President’s Fiscal Year 2020 budget raises serious red flags for small businesses. The President is proposing a 5 percent cut to the Small Business Administration,… 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:             “Today’s numbers are disappointing, with our economy underperforming estimates by adding just 20,000 jobs. For America’s small business sector, these… Read more »

Washington, D.C.—Today, Rep. Andy Kim (D-NJ), Chair of the House Small Business Subcommittee on Economic Growth, Tax, and Capital Access, convened a panel of entrepreneurs, lenders and experts to hear their perspectives and experiences with the Small Business Administration’s (SBA) Microloan program. “As head of the Subcommittee focused on expanding access to capital, today was an… Read more »

Washington, D.C.—Today, House Small Business Committee Chairwoman Nydia M. Velázquez (D-NY) convened a panel of witnesses to discuss the top priorities facing the small business sector as the House moves closer to taking up infrastructure reform. “Despite America’s strong legacy of innovation, when it comes to infrastructure, by many measures, we are failing to keep up with the growing… Read more »

Washington, D.C.—In recognition of Women’s History Month, House Small Business Committee Chairwoman Nydia M. Velázquez (D-NY) released the following statement today:              “Throughout America’s history, the entrepreneurial spirit and drive of women has propelled our innovation, enriched our communities and strengthened our economy. Each year,… Read more »

Washington, D.C.—Today, House Small Business Committee Chairwoman Nydia M. Velázquez (D-NY) released the following statement in response to the Commerce Department’s Fourth Quarter and Annual 2018 Gross Domestic Product (GDP) report:  “Today’s GDP report reflects a series of policies and actions this Administration has taken to weaken Main Street businesses across… Read more »

Washington, D.C.—Today, the House Small Business Committee under Chairwoman Nydia M. Velázquez (D-NY) met to discuss the pivotal role of the Small Business Administration’s (SBA) Entrepreneurial Development (ED) initiatives in helping small businesses innovate and create jobs.  For the hearing, Chairwoman Velázquez convened a panel of top officials from SBA’s four primary resource… Read more »

Washington, D.C.—Today, Rep. Judy Chu (D-CA), Chairwoman of the House Small Business Subcommittee on Investigations, Oversight, and Regulations, held a hearing into the impact of the recent government shutdown on the Small Business Administration’s (SBA) flagship lending programs. Concerned that the shutdown shuttered the agency’s ability to make loans to creditworthy small businesses,… Read more »

Washington, D.C.—Today, the House Small Business Committee under Chairwoman Nydia M. Velázquez (D-NY) held a hearing to examine the Committee’s priorities for the 116th Congress. Probing a panel of small business owners and experts, the Committee touched upon issues including: access to capital and federal contracts, tax reform, infrastructure and workforce development. “From the… Read more »

Washington, D.C.—Today, the Small Business Subcommittee on Economic Growth, Tax, and Capital Access under Chair Andy Kim (D-NJ) held a hearing to examine the challenges faced by women, minority, veteran, and rural entrepreneurs, and how Congress can help optimize their success. “I joined this Committee because small businesses are the economic backbone of my district, and if we’re going… Read more »