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Statement of the Honorable Nydia Velázquez, Ranking Member House Committee on Small Business “Empowering Small Businesses: The Accelerator Model” May 3, 2017 Business accelerators help high-growth start up enterprises develop their products, identify promising customer segments, and secure resources, including vital capital and potential employees. It is clear that… Read more »

Today, House Small Business Committee Democrats released a report detailing President Trump’s failed promises to America’s small businesses. The “Report Card” focused on key issues like health care, immigration, and regulations, in which it was determined that, in a range of policy areas, Trump earned an “F”.  “During his private sector… Read more »

At a House Small Business Committee hearing today, Democrats pushed back against President Trump’s economic agenda, calling instead for smart investments to spur growth.  Democratic Members of the Subcommittee on Economic Growth, Tax, and Capital Access argued that a true “pro-small business” policy requires thoughtful, strategic use of government resources to… Read more »

Small Business: The Key to Economic Growth  Statement Hon. Dwight Evans, Ranking Member  United States House of Representatives, Committee on Small Business Subcommittee on Economic Growth, Tax, and Capital Access Thursday April 27, 2017 Ten years ago, our nation was hit with the largest economic disaster since 1929. During the financial crisis of 2007-2008, we saw housing… Read more »

Lessons from Sandy & Katrina fuel need for reforms At a hearing today before the House Small Business Committee, Democrats called for reforms and improvements to the Small Business Administration’s (SBA) Disaster Loan Program. For small business owners, the consequences of a natural disaster can devastate both infrastructure and sales, noted the Committee Ranking Member, Rep.… Read more »

Statement of the The Honorable Nydia Velazquez “Storm Watch: Making Sure SBA’s Disaster Loan Program is Prepared” Committee on Small Business Wednesday, April 26, 2017  Natural disasters profoundly disrupt our lives and affect tens of thousands of households every year.  These unanticipated events leave families and small businesses facing significant… Read more »

Today, members of the House Committee on Small Business held a hearing discussing how to ensure resources to combat tax fraud and scams are adequately accessible and available for small businesses.  “Small business owners are already hampered by compliance costs and the worry over data security adds an additional layer to that complexity,” said Rep. Nydia M.… Read more »

STATEMENT Congresswoman Nydia Velazquez, Ranking Member House Committee on Small Business “Scam Spotting: Can the IRS Effectively Protect Small Business Information?” Thursday, April 6, 2017 It’s the first week of April and that means tax day is right around the corner. Over the next few weeks, millions of Americans will be trying to get their taxes filed on time.… Read more »

STATEMENT of the Honorable Nydia M. Velázquez, Ranking Member Committee on Small Business “Taking Care of Small Business: Working Together for a Better SBA” April 5, 2017 While there are many political and ideological differences represented on this Committee, one thing we all agree on is the centrality of small businesses to our nation’s economy.… Read more »

Democratic Members of the House Small Business Committee have introduced a measure to exempt the U.S. Small Business Administration (SBA) from President Trump’s recent order instituting a hiring freeze across large portions of the U.S. government.  Rep. Nydia M. Velázquez (D-NY), the author of the bill and top Democrat on the Committee, said the bill was needed to ensure… Read more »