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Velzquez Appointed Chairwoman of Small Business Committee

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Chosen by Colleagues in Democratic Caucus to Assume the Gavel for the 116th Congress Today, Rep. Nydia M. Velázquez (D-NY) was approved by the Democratic Caucus to serve as Chairwoman of the House Committee on Small Business for the 116th Congress. Velázquez returns to the role after making history as the first Hispanic woman to serve as Ranking Member and Chair of a House…

Velzquez Weighs in on Small Business Regulatory Proposals

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As the Small Business Administration (SBA) considers public feedback on its sweeping set of proposed lending regulations, the top Democrat on the House Small Business Committee, Rep. Nydia M. Velázquez (D-NY) weighed in on the guidance. Most concerning to Velazquez was a provision preventing loans for employee-owned business models from being processed under a lender’s…

Velzquez: Looming Government Shutdown Dangerous for Small Businesses

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As President Trump and House Republicans threaten a government shutdown, Rep. Nydia M. Velázquez (D-NY), the top Democrat on the House Small Business Committee is sounding the alarm on the negative consequences a shutdown would have on America’s small businesses. “If Republicans fail to govern by letting our government shut down, the entire economy will take an…

House Passes Democratic Small Business Priorities

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Bills Boost Entrepreneurs’ Access to Capital, Help Small Companies Win Procurement Work, Protect Firms’ Intellectual Property  Today, the U.S. House of Representatives passed a set of key small business reforms championed by Democratic Members of the House Small Business Committee.  Once enacted, the bills will take valuable steps to strengthen the small business…

Velzquez Measure to Diversify Patent Holders Clears House

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The U.S. House of Representatives has passed H.R. 6758, the SUCCESS Act, which includes language authored by House Small Business Committee Ranking Member Rep. Nydia M. Velázquez (D-NY) aimed at addressing underrepresentation of women and minorities patent holders. “For an entrepreneur, securing a patent can jumpstart a new business, spur job growth and unlock the doors to…

House Passes Bundle of Democratic Small Business Priorities

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Provisions Incorporated into Larger Defense Package Three crucial Democratic Small Business Committee provisions passed the House of Representatives today as a part of the FY 2019 National Defense Authorization Act (NDAA).  The amendments passed will help start-ups pursue commercialization, make the employee-owned business model more accessible and funnel much-needed federal…

Not Really a Postcard: New Tax Law Continues Complexity for Small Businesses

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GOP Tax Scam Benefits Wall Street Over Main Street Members of the U.S. House Small Business Committee heard this week that a Republican tax law signed by the President in December has done little to alleviate entrepreneurs’ concerns about tax code complexity. During a Wednesday hearing, Small Business Democrats argued that the Republican bill will provide Wall Street corporations…

Democrats Offer A Better Deal for Rural American Entrepreneurs

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Arguing that President Trump’s escalating trade war and failed infrastructure reform offers a raw deal for rural entrepreneurs, Democrats on two House Small Business subcommittees convened this week to advocate for greater federal investments in rural businesses. “Today, most economic indicators show sustained growth, but rural and traditionally underserved sectors, like women…

Democrats Advance Small Business Priorities

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A slate of Democratic bills cleared the House Small Business Committee this week, taking an important step toward final passage and enactment.  Rep. Nydia M. Velázquez (D-NY), the top Democrat on the Committee, said the measures would help more small firms to access capital and secure federal contracting and subcontracting opportunities.   “Small businesses…

Democrats Join Forces to Improve Federal Contracting for Veteran Small Business Owners

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This week, two House subcommittees held a hearing focused on improving the certification process for Service Disabled Veteran Owned Small Businesses (SDVOSBs). To crackdown on current waste, fraud and abuse, Democrats of the House Small Business Subcommittee on Investigations, Oversight, and Regulations and the Committee on Veterans’ Affairs Subcommittee on Oversight and…

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