The Department of Defense must increase efforts to ensure that prime contractors meet subcontracting goals, lawmakers suggested today during a Congressional hearing. The session examined the results of a DOD Inspector General Audit of two Army Contracting Command centers—one in Redstone, Alabama, the other in Warren, Michigan. The audit suggests that small businesses may have lost… Read more »
Today, House Small Business Committee Democrats convened to discuss Congress’ role in safeguarding one of the most crucial tools for small business success—the protection of intellectual property. For millions of entrepreneurs, securing a patent, trademark or copyright can jumpstart a business and create well-paying jobs along the way. However, for others, including many women… Read more »
Rep. Nydia M. Velázquez (D-NY), the Ranking Member of the House Small Business Committee, and Rep. Yvette Clarke (D-NY) commented today on the Small Business Administration restoring LGBTQ resources to their website. Last week the two Members of the Committee wrote to SBA inquiring as to why the agency had removed the resources shortly after Trump’s inauguration and why… Read more »
Late yesterday, two key Members of Congress wrote the federal Small Business Administration (SBA), pressing the agency on why it has deleted online resources that previously existed to assist Lesbian, Gay and Transgender (LGBT) entrepreneurs. In the Tuesday missive, House Small Business Committee Ranking Member Rep. Nydia M. Velázquez (D-NY) and Rep. Yvette D. Clarke (D-NY)… Read more »
Bills Will Foster Employee Stock Ownership, Strengthen Entrepreneurial Development Initiatives
Two bills authored by House Small Business Committee Democrats were approved on the House floor today. The measures passed today will increase access to capital for employee-owned ventures and improve the Small Business Administration’s (SBA) networks of Small Business… Read more »
As an industry, tourism is the single largest small business employer in the United States. Keeping this in mind, Democrats of the House Committee on Small Business Subcommittee on Economic Growth, Tax, and Capital Access met today to advocate for federal policies that invest in small businesses in the tourism sector. They argued that under President Trump, a sweeping travel ban, cuts to… Read more »
Democrats of the House Committee on Small Business argued this week that the Trump Administration’s recently released infrastructure plan would shortchange small businesses to benefit large Wall Street companies. In a hearing with entrepreneurs and experts testifying, Democrats laid into the President’s broken promises to deliver meaningful infrastructure reform. Instead of… Read more »
As the world prepares to celebrate Earth Day on April 22nd, Democrats of the House Committee on Small Business released a report today detailing how the Trump Administration’s environmental rollbacks threaten the vitality of America’s small business economy.
“This Earth Day, we are reminded that policies to protect and preserve our environment also play a… Read more »
Democratic lawmakers on the House Small Business Committee this week delved into how large agriculture firms may be benefiting from government-backed loans meant to flow to small businesses. The hearing today follows a March report from the Small Business Administration’s (SBA) Office of the Inspector General (IOG), which exposed that over one billion dollars in federal… Read more »
In response to Facebook’s recent cybersecurity breach, Rep. Nydia M. Velázquez (D-NY) the Ranking Member of the House Committee on Small Business expressed her concerns over small business privacy in a letter to Facebook CEO Mark Zuckerberg.
“In today’s market, almost all small businesses must use social media platforms like Facebook to stay competitive… Read more »