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Rep. Nydia M. Velázquez (D-NY), the Ranking Democrat on the House Small Business Committee, released the following statement regarding the release of Senate Republicans’ Trumpcare bill:           “Before the Affordable Care Act, entrepreneurs were disproportionately represented among the ranks of the uninsured.  In 2007,… Read more »

As the Administration undertakes steps to renegotiate major trade agreements like NAFTA, House Democrats today stressed the importance of empowering small businesses to export their products abroad. At a hearing before the House Small Business Committee, lawmakers heard about a range of issues facing entrepreneurs seeking to expand into new markets. In particular, the hearing focused on… Read more »

Measures Would Reform Procurement, Technology Grants, Capital Access Programs Today, the House Committee on Small Business approved a number of legislative initiatives designed to bolster small business growth, fuel the economy and spark innovation. If signed into law, the package would reform a range of federal programs affecting the small business sector. The bipartisan effort… Read more »

In a hearing this week before the House Committee on Small Business, Democrats expressed alarm that internal issues in the Small Business Administration (SBA) have hindered services for small businesses.  In particular, SBA provided incentives for federal employees to retire early all while failing to properly restructure the agency, thereby depriving small businesses of necessary… Read more »

Rep. Nydia M. Velázquez (D-NY), released the following statement regarding the House’s consideration of H.R. 10, the “Wrong CHOICE Act”, Republican legislation to gut Dodd-Frank:        “In 2008, Main Street small businesses were victims of reckless gambles by corporate bad actors and lax government oversight.  Small business… Read more »

Members of the House Small Business Committee this week pressed the case for improving the procurement process for small businesses competing in the federal marketplace. The hearing focused on the process by which the federal government can change work requirements in contracts toward the end of a project, often creating challenges for smaller contractors. When federal agencies issue… Read more »

Congresswoman Alma Adams Ranking Member, House Subcommittee Committee on Investigations, Oversight, and Regulations Opening Statement Joint Hearing on Federal Contracting Change Orders May 25, 2017 Thank you, Mr. Chairman for holding this valuable hearing.  Today’s discussion continues our ongoing work to help more small businesses compete successfully in the federal… Read more »

Congresswoman Stephanie Murphy Ranking Member, House Subcommittee Committee on Contracting and the Workforce Opening Statement Joint Hearing on Federal Contracting Change Orders May 25, 2017 For several decades, the federal government has relied on the private construction industry to build and repair infrastructure for its day-to-day operations.  Accordingly, a thriving small… Read more »

The top Democrats of the House and Senate Small Business Committees are opposing cuts to the Community Development Financial Institutions Fund contained in the President’s Fiscal Year 2018 budget.  In a letter sent today to Treasury Secretary Mnuchin and Budget Director Mulvaney, Rep. Nydia M. Velázquez (D-NY) and Senator Jeanne Shaheen (D-NH) argued that the Fund… Read more »

Rep. Nydia M. Velázquez (D-NY), the Ranking Member of the House Small Business Committee, released the following statement regarding President Trump’s Fiscal Year 2018 proposal:           “I am pleased that this otherwise draconian budget, which would slash so many federal agencies, largely leaves intact most Small Business Administration… Read more »