Washington D.C.— Today, the House Small Business Committee held a hearing examining the Small Business Administration’s (SBA) actions to combat fraud in agency programs and how Congress can support these efforts. During the hearing, Ranking Member Nydia M. Velázquez (D-NY) discussed the importance of providing the SBA Office of the Inspector General (OIG) with the resources needed to… Read more »
Washington D.C.— Today, the House Small Business Committee held a hearing examining National Collegiate Athletic Association (NCAA) rule changes allowing college athletes to profit off their own names, images, and likenesses (NIL). During the hearing, Ranking Member Nydia M. Velázquez (D-NY) highlighted how these changes could increase gender inequity and predatory agent practices in… Read more »
Washington D.C.— Today, the House Small Business Committee passed five bipartisan bills to protect small firms from anti-competitive behavior, bolster assistance for rural small businesses, and improve oversight of Small Business Administration (SBA) loan programs.
“These five bipartisan bills will boost SBA initiatives to better assist small businesses, as well as… Read more »
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 »
