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… Read more »
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… Read more »
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… Read more »
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… Read more »
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… Read more »
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… Read more »
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… Read more »
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… Read more »
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… Read more »
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… Read more »