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 »
Washington, D.C.— Today, the House Small Business Committee Subcommittee on Economic Growth, Tax, and Capital Access held a hearing examining the impact of Section 1071 of the Dodd-Frank Act on small banks and small businesses. During the hearing, Ranking Member Greg Landsman (D-OH) addressed the need for policies that combat systemic discrimination in lending that hurts women- and… Read more »
Washington, D.C.— Today, the House Small Business Committee held a hearing examining the impact of the Biden Administration’s proposed rule revising waters of the United States (WOTUS) under the Clean Water Act (CWA) on small businesses. During the hearing, Ranking Member Nydia M. Velázquez (D-NY) spoke in favor of the proposed rule and discussed the importance of clean water to small… Read more »
Washington, D.C.— Today, the House Small Business Committee convened for a hearing celebrating American entrepreneurs and surveying the current state of the small business economy. During the hearing, Ranking Member Nydia M. Velázquez (D-NY) highlighted the progress small businesses have made under the Biden administration and their role in driving economic growth.
“Small… Read more »
Washington, D.C.— Today, House Small Business Committee Ranking Member Nydia M. Velázquez (D-NY) and Chairman Roger Williams (R-TX) penned a letter to President Biden urging his administration to nominate a Chief Counsel for Advocacy at the Small Business Administration’s (SBA) Office of Advocacy (Advocacy).
The function of Advocacy is to represent the interests of small business… Read more »
Washington, D.C.— Today, House Small Business Committee Ranking Member Nydia M. Velázquez (D-NY) released the following statement announcing the subcommittee Ranking Members for the 118th Congress:
“I am excited to work with our new subcommittee Ranking Members to advance policies that support small firms and help more Americans achieve the dream of owning a successful small… Read more »
Washington, D.C.— Today, House Small Business Committee Ranking Member Nydia M. Velázquez (D-NY) issued the following statement after President Biden’s State of the Union Address:
“As President Biden made clear tonight, the state of the union and the American economy are strong. Unemployment is at its lowest rate in over 50 years, we’ve added 12 million… Read more »
