Washington, D.C.— On July 19, 2023, the U.S. District Court for the Eastern District of Tennessee issued a decision in Ultima Servs. Corp. v. U.S. Department of Agriculture, enjoining the Small Business Administration (SBA) from using the rebuttable presumption of social disadvantage in the 8(a) program. The SBA has implemented a new process for current and future 8(a) program… Read more »
Washington, D.C.— Today, Rep. Nydia M. Velázquez (D-NY), Ranking Member of the House Small Business Committee, issued the following statement after the Labor Department released its August jobs report showing that nonfarm payroll employment increased by 187,000:
“Today, the Labor Department reported that our economy created another 187,000 jobs in… Read more »
Washington, D.C.— Today, Rep. Nydia M. Velázquez (D-NY), Ranking Member of the House Small Business Committee, issued the following statement after the Labor Department released its July jobs report showing that nonfarm payroll employment increased by 187,000:
“Today, the Labor Department reported that our economy created another 187,000 jobs in July, bringing the total… Read more »
Washington, D.C. –Today, the House Small Business Committee held a hearing examining the challenges facing the Small Business Administration’s (SBA) Office of Advocacy (Advocacy). During the hearing, Ranking Member Nydia M. Velázquez (D-NY) focused on what Congress can do to minimize the impact of regulations on small businesses while also protecting common-sense regulations that provide… Read more »
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 »
