Washington D.C.— Today, the House of Representatives voted to pass the Veteran Entrepreneurship Training Act of 2023. The bill authorizes the Small Business Administration’s (SBA) “Boots to Business” program, which provides entrepreneurship training to military service members, spouses, and veterans, for five years.
“Starting a business is not for the faint of heart. It takes courage,… Read more »
Washington D.C.— Today, House Small Business Committee Ranking Member Nydia M. Velázquez (D-NY) issued the following statement in response to Republican brinksmanship around raising the debt ceiling:
“Under the Biden Administration, American small businesses have experienced a remarkable recovery from the COVID-19 pandemic. Since the President took office, entrepreneurs have filed a… Read more »
Washington D.C.— Today, the House Small Business Committee held a hearing examining the challenges facing veteran entrepreneurs and the state of federal programs designed to support them. During the hearing, Ranking Member Nydia M. Velázquez (D-NY) focused on ways that Congress can bolster access to capital and entrepreneurial development resources available to the 200,000 servicemembers… Read more »
Washington D.C.— Today, the House Small Business Committee passed six bipartisan bills to improve oversight of Small Business Administration (SBA) loan programs, enhance workforce development initiatives, and increase access to resources for veteran entrepreneurs.
“Today’s legislation showcases this committee’s bipartisan tradition of enacting legislation that fosters a… Read more »
WASHINGTON, D.C. - Today, Congresswoman Nydia Velázquez (D-NY), the top Democrat on the House Small Business Committee, and Congresswoman Maxine Waters (D-CA), the top Democrat on the House Financial Services Committee, sent a letter to the Consumer Financial Protection Bureau (CFPB) following the agency’s move to finalize small business lending rules implementing Section… Read more »
Washington, D.C.— Today, the House Small Business Committee Subcommittee Contracting and Infrastructure held a hearing examining the current state of small business contracting and top issues facing small firms in the procurement space. During the hearing, Ranking Member Hillary Scholten (D-MI) discussed the importance of achieving federal government wide contracting goals and the dangers… Read more »
Washington D.C.— Today, the House Small Business Committee held a hearing examining recent Small Business Administration (SBA) rule changes to the 7(a) loan program, the agency’s flagship lending initiative. During the hearing, Ranking Member Nydia M. Velázquez expressed concern about changes to safeguards in the 7(a) program and the impact of these new rules on the stability of a highly… Read more »
Today, the House Small Business Committee Subcommittee on Innovation, Entrepreneurship, and Workforce Development held a hearing exploring how alternatives to post-secondary education can help workers and strengthen the small business workforce. During the hearing, Ranking Member Morgan McGarvey (D-KY) stressed the importance of federal workforce development programs that can benefit… Read more »
Washington, DC — Today, the House Small Business Committee held a hearing examining the impact of recent tax reforms on American small businesses. During the hearing, Ranking Member Nydia M. Velázquez (D-NY) discussed the need for reforms that simplify the current tax system and even the playing field between large corporations and big businesses.
“Main Street businesses form the… Read more »
Washington, D.C.— Today, Congresswoman Nydia Velázquez (D-NY), the top Democrat on the House Small Business Committee and Congresswoman Maxine Waters (D-CA), the top Democrat on the House Financial Services Committee, released this statement following the Consumer Financial Protection Bureau’s move to issue its final rule implementing the small business data requirements of Section 1071… Read more »
