news

Rep. Nydia M. Velázquez (D-NY), the top Democrat on the House Small Business Committee, released the following statement regarding the President’s Executive Order reversing progress on climate change:                 “Not only is the President’s policy direction destructive to our environment, but it will stymie job growth… Read more »

STATEMENT Ranking Member House Committee on Small Business "Evaluating the Paperwork Reduction Act: Are Burdens Being Reduced?" March 29, 2017  The federal paperwork burden continues to grow for small firms. In FY 2015, the public spent an estimated 9.78 billion hours responding to Federal information collections. This total represents a net increase of 350 million… Read more »

STATEMENT Ranking Member House Committee on Small Business “Making Washington Work for Small Business” Wednesday, March 22, 2017 There are nearly 30 million small businesses in the United States, representing more than 99 percent of all businesses. These small firms employ nearly 50 percent of all private-sector employees in the U.S.  At the same time, one out of… Read more »

Rep. Nydia M. Velázquez (D-NY), the top Democrat on the House Small Business Committee, released the following statement regarding how the Small Business Administration (SBA) would be impacted by the Trump budget outline released today:  “While it is lacking in detail, the Trump budget outline suggests this Administration does not recognize the value small businesses… Read more »

STATEMENT Congresswoman Alma Adams Ranking Member The Subcommittee on Investigations, Oversight, and Regulations - See more An Overview of SBA’s 7(a) Loan Program Wednesday, March 9, 2017 With the economy showing continued growth, it is important to ensure that small businesses have the tools and resources they need to prosper.  And in order for small firms to play their… Read more »

STATEMENT Congresswoman Nydia Velázquez, Ranking Member House Committee on Small Business “Small Business Cybersecurity: Federal Resources and Coordination” Wednesday, March 8, 2017 Developing new innovations is fundamental to our nation’s prosperity in the 21st century.   But these technologies can only be beneficial if small businesses can adopt… Read more »

Rep. Nydia M. Velázquez (D-NY), the top Democrat on the House Small Business Committee, today led Democratic Members of the House Small Business Committee in calling for Republicans to delay legislative action on the recently released Republican legislation to repeal the Affordable Care Act (ACA). In a letter to the Chairmen of the Ways and Means and Energy and Commerce… Read more »

Rep. Nydia M. Velázquez (D-NY), the top Democrat on the House Small Business Committee, today led Democratic Members of the House Small Business Committee in calling on the U.S. Chamber of Commerce to oppose the Trump Administration’s recent Executive Orders related to immigration.  In a letter to the Chamber, the Members of Congress wrote:  “As Members of… Read more »

Rep. Nydia M. Velázquez (D-NY), the ranking Democrat of the House Small Business Committee, made the following remarks today at a hearing titled, “Reimagining the Health Care Marketplace for America’s Small Businesses”: “Thank you, Mr. Chairman.   Seven years ago, the President signed into law the Affordable Care Act.  Since then, about 22… Read more »

Rep. Nydia M. Velázquez (D-NY), the top Democrat on the House Small Business Committee, issued the following statement today regarding an Executive Order President Trump signed aimed at reducing several requirements in Dodd-Frank: “Lax regulation preceded the 2008 financial crisis that locked up small business credit markets and almost sent our nation careening into another… Read more »