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Democrats Champion Entrepreneurial Development Programs for Minorities

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This week, Democrats of the House Committee on Small Business Subcommittee on Investigations, Oversight and Regulations met to discuss how they can expand opportunities for entrepreneurial development for people of color, women and veterans. “Entrepreneurs take a great risk and we want them to know that they are not alone—they have a vast network of community support,”…

Democrats Raise Alarm over Trump Trade Policies

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Say Main Street Businesses will be Hard Hit As President Trump’s actions and tweets open the gates to a trade war, Democrats of the House Committee on Small Business warned today of the dramatic impacts that Trump’s trade policies will have on America’s Main Street businesses.  “The unpredictable and ad hoc nature of President Trump’s tariff…

Democrats Raise Alarm over Trump Trade Policies

| Posted in Press Releases

Say Main Street Businesses will be Hard Hit As President Trump’s actions and tweets open the gates to a trade war, Democrats of the House Committee on Small Business warned today of the dramatic impacts that Trump’s trade policies will have on America’s Main Street businesses.  “The unpredictable and ad hoc nature of President Trump’s tariff…

Committee Democrats Pass Sweeping Small Business Reforms

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Democrats Advance Bills to Improve Capital Access, Protect Cybersecurity and Intellectual Property   This week, the House Committee on Small Business approved a number of legislative initiatives designed to break down barriers facing America’s small businesses.  “I am proud that our Committee came together to pass legislation to help small businesses in all…

Velzquez Advances Legislation to Boost Puerto Rico Small Businesses

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Measure Would Steer Federal Contracts to Beleaguered Island A key Congressional panel took steps today to advance legislation aimed at helping small companies in Puerto Rico obtain a greater share of federal contracts.  The House Small Business Committee approved the “Puerto Rico Small Business Contracting Assistance Act,” legislation that would help stimulate economic…

Velzquez Comments on Abuse of Fed Loan Program by Poultry Industry

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Rep. Nydia M. Velázquez (D-NY), the top Democrat on the House Small Business Committee, commented today on a new report released by the Small Business Administration’s (SBA) Office Inspector General (OIG) that finds more than a billion dollars in SBA-backed loans may have inappropriately gone to ineligible companies operating in the poultry industry.  “When SBA…

Democrats Oppose Trump Cuts to Health, Environmental Safeguards

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Say Administration Policies Make Reckless Cuts to Necessary Protections As the Trump Administration pushes policies promoting massive, swift deregulation, Democrats of the House Committee on Small Business are drawing attention to benefits from rules that protect the environment and public safety. In a hearing today, Democrats expressed concern over the impact that President…

Democrats Advocate for Rural Broadband Expansion

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Today, in a joint subcommittee hearing, the House Small Business Subcommittee on Health and Technology and Subcommittee on Agriculture, Energy, and Trade Hearing met to discuss improving broadband access for rural American businesses. Specifically, the hearing was an opportunity for Democrats to gain perspective from small broadband providers and stakeholders.  “The…

Velzquez Calls for SBA Disaster Loan Deadline Extension

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Says Current Deadline Creates Added Hardship for Communities Recovering from Maria Today, House Small Business Committee Ranking Member Nydia M. Velázquez (D-NY) sent a letter requesting that the Small Business Administration (SBA) extend the March 20, 2018 deadline for disaster loans for those affected by Hurricane Maria. Reports from Puerto Rico show that local economies are…

Democrats Work to Guard Small Firms from Financial Recklessness

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As the economy continues to rebound from the 2008 financial crisis, Democrats of the House Committee on Small Business are working to prevent a similar crisis in the future. During the financial crisis, small business lending seized up and millions of jobs disappeared, leading Congress to pass a series of consumer protections and financial reforms. In today’s hearing, Democrats…

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