American entrepreneurs are nearly always looking to expand their businesses. Whether it’s hiring new workers, offering new products, or opening new locations, small business owners always have an eye on growth.
In recent years, increased globalization and digital adoption have led many small businesses to expand their offerings into international markets. Approximately 166,384 small… Read more »
Washington, D.C.— Today, the House passed the National Defense Authorization Act for Fiscal Year 2023 (NDAA), a bipartisan defense bill that includes numerous measures to support small government contractors and boost small business participation in the procurement marketplace. Committee members worked to include multiple provisions that address key challenges facing small firms in the… Read more »
Washington, D.C.— Today, the House Small Business Committee Subcommittee on Oversight, Investigations, and Regulations held a hearing examining the current state of small business fintech lending. Chairman Dean Phillips (D-MN) gathered lenders and small business stakeholders to testify on the advantages of fintech lending as well as the risks posed to small businesses in the rapidly… Read more »
“With today’s jobs report, our recovery has passed an important milestone as we’ve gained back all the private-sector jobs lost during the pandemic. The June jobs report also revealed that U.S. manufacturing employment has returned to levels not seen since February 2020. This recovery has been historically swift and strong. Under President Biden, we’ve added 9 million jobs, and the… Read more »
Washington, D.C.— Today, House Small Business Committee Chairwoman Nydia M. Velázquez (D-NY), Rep. Pramila Jayapal (D-WA) and 15 additional Members of Congress sent a letter to President Biden asking that he implement the “High Road Kitchens” program. High Road Kitchens is an initiative that provides funding and training to restaurants that commit to paying a living wage and following… Read more »
Washington, D.C.— Today, House Small Business Committee Chairwoman Nydia M. Velázquez (D-NY) announced several committee hearings throughout July:
Wednesday, July 13, 2022- 10 A.M.- Hybrid Hearing: Fintech and Transparency in Small Business Lending (Subcommittee on Oversight, Investigations, and Regulations)
Thursday, July 14, 2022- 10 A.M.- Hybrid Hearing: A Review and… Read more »
Washington, D.C.— Today, the House Small Business Committee, chaired by Rep. Nydia M. Velázquez (D-NY), held a hearing reviewing the Small Business Administration’s (SBA) Office of Government Contracting and Business Development (GCBD) and their administration of the agency’s procurement initiatives.
“When a small firm wins a federal contract, it initiates a ripple effect… Read more »
Washington, D.C.— Today, House Small Business Committee Chairwoman Nydia M. Velázquez (D-NY) announced the addition of Rep. Scott Peters (D-CA) to the Committee’s roster of members:
"During his tenure in Congress, Congressman Scott Peters has proven to be a stalwart advocate for small businesses in San Diego County and across the country. From his time in local government to his… Read more »
Washington, D.C.— Today, the House Small Business Committee under Chairwoman Nydia M. Velázquez held a hearing examining the impact of governmentwide contracts, including the Best-In-Class (BICs) contracts that originate from the Category Management initiative, on small businesses in the federal marketplace. From the time Category Management was first implemented in 2016 to 2019, the… Read more »
Washington, D.C.— Today, the House passed seven bipartisan committee bills to improve the operation and oversight of key Small Business Administration (SBA) programs. The slate of bills includes legislation to extend the statute of limitations on small business pandemic fraud cases, enhance workforce development offerings, and improve the procurement process for small… Read more »
