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Rep. Nydia M. Velázquez (D-NY), the top Democrat on the House Small Business Committee, commented today on the Trump Administration’s Fiscal Year 2019 Budget for the Small Business Administration (SBA) and the Administration’s infrastructure proposal:             “I’m deeply troubled by the Trump… Read more »

Rep. Nydia M. Velázquez (D-NY), the top Democrat on the House Small Business Committee, commented today on news that Senator Jeanne Shaheen (D-NH) would be leaving her post as Ranking Member of the Senate Committee on Small Business and Entrepreneurship and would be replaced by Senator Ben Cardin (D-MD):             “I… Read more »

Following President Trump’s State of the Union address, Rep. Nydia M. Velázquez (D-NY), the top Democrat on the House Small Business Committee, released the following statement:              “President Trump had a chance tonight to reach across the aisle, but instead opted for partisan rhetoric and empty promises. By failing to offer… Read more »

At Time of High Risk, Hear from Key FBI, DHS Witnesses on Promoting Small Business Cybersecurity While the weight of Russia’s use of cyberattacks to influence the 2016 U.S. election still hangs heavy, today, Democrats of the House Committee on Small Business heard from a key panel on the steps necessary to protecting America’s small businesses from cyber threats. Hearing… Read more »

After Republicans this week passed another short-term funding bill, Rep. Nydia M. Velázquez (D-NY), the top Democrat on the House Small Business Committee, has released a report highlighting the damage that these stopgap bills have on America’s small businesses. “Lurching from crisis to crisis is no way to govern, and with control of both Congress and the White House,… Read more »

Hours before the federal government could potentially shut down, Rep. Nydia M. Velázquez (D-NY), the top Democrat on the House Small Business Committee, has released a report showing how America’s small businesses would suffer if the federal government shuts down.  “All segments of the American economy will take a hit if Republicans fail to govern and let the… Read more »

In a Congressional hearing today Democratic lawmakers stressed the importance of engaging small firms when it comes to developing renewable energy, fighting climate change and reducing energy costs. After the Department of Energy’s (DOE) failure to meet their small business contracting threshold, Members of the House Small Business Committee pressed for additional investments in… Read more »

Includes Velázquez Provision to Keep Loans Flowing to Small Firms In a hearing today before the House Small Business Committee, Members of Congress began reviewing bipartisan legislation to strengthen and improve the Small Business Administration’s flagship lending program. Lawmakers heard from a range of lenders and industry witnesses who testified on how the bill,… Read more »

Measure Would Improve Initiative for Businesses in Impoverished Areas The President has signed into law legislation authored by Rep. Nydia M. Velázquez (D-NY) that would improve and reform a popular government program aimed at benefiting firms operating in economically distressed areas.  Created in 1998, the HUBZone program helps small companies in these areas to do business… Read more »

On Wednesday, House Democrats took steps towards protecting small businesses from one of the most pressing and consequential threats they face—cyberattacks. After intelligence agencies confirmed that Russia used cyberwarfare to influence Donald Trump’s presidential victory, cybersecurity is at the forefront of national attention. Seen as an easy target by hackers, small firms… Read more »