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Washington, D.C.—Today, Rep. Judy Chu (D-CA) Chairwoman of the Small Business Subcommittee on Investigations, Oversight, & Regulations gathered officials from the U.S. Small Business Administration (SBA) to answer questions regarding the agency’s oversight of the SCORE program. Chu called the hearing following an April report from the office of the SBA Inspector General that found… Read more »

Washington, D.C.— Today, Rep. Judy Chu (D-CA) Chairwoman of the Small Business Subcommittee on Investigations, Oversight, & Regulations convened a panel of small business lenders and borrowers to discuss the state of the Small Business Administration’s (SBA) Community Lending Program, including whether to move the program towards permanency.   “On this Committee, we are… Read more »

The purpose of today’s hearing is to examine whether HBCUs are receiving adequate support from the Small Business Administration (SBA) to help foster entrepreneurship. Over 150 years ago, the first HBCUs were born out of adversity to ensure African Americans had an opportunity to attend college.  Today, there are more than 100 historic institutions across the country, serving nearly… Read more »

We thank everyone for joining us this morning and I want to especially thank the witness for being here today.  The recent government shutdown was an acutely painful experience for our nation’s small businesses. It was 35 days of missed paychecks, delayed loans, and strained budgets for too many of our federal employees, contractors, and small business owners.  Perhaps… Read more »

Washington, D.C.—Today, Rep. Judy Chu (D-CA), Chairwoman of the House Small Business Subcommittee on Investigations, Oversight, and Regulations, held a hearing into the impact of the recent government shutdown on the Small Business Administration’s (SBA) flagship lending programs. Concerned that the shutdown shuttered the agency’s ability to make loans to creditworthy small businesses,… Read more »