WASHINGTON– 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 February jobs report: “The February jobs report flashes warning signs for the Trump economy. Job growth slowed more than expected, showing the economic uncertainty caused by the administration’s reckless trade policies and a... Read More »
WASHINGTON- Today, the House Small Business Committee passed seven bipartisan bills aimed at expanding opportunities for small businesses, improving federal contracting transparency, helping entrepreneurs with disabilities, and strengthening workforce pipelines to support entrepreneurs and workers. “These bills address critical gaps in SBA programs to ensure small firms have a fair shot at federal... Read More »
WASHINGTON– The House passed seven bipartisan small business bills, including legislation to prevent fraudsters from participating in SBA programs, expand opportunities for small firms in government contracting, support veteran entrepreneurs, and improve access to disaster assistance for rural small businesses. “Small businesses are the backbone of our economy, and today, the House took bipartisan... Read More »
WASHINGTON – Today, Representatives Nydia M. Velázquez (D-NY), Ranking Member of the House Small Business Committee, and Derek Tran (D-CA), Ranking Member of the Subcommittee on Oversight and Investigations, sent a letter to the Small Business Administration (SBA) demanding answers about the abrupt termination of SBA employees. Their inquiry follows a series of confusing and contradictory communic... Read More »
WASHINGTON- Today, the House Small Business Committee held a hearing to examine the outlook for American small businesses during the 119th Congress. During the hearing, Ranking Member Nydia M. Velázquez emphasized the need for Congress to build on the progress that small businesses have made under the Biden administration and to push back against efforts to weaken the Small Business Administration... Read More »
WASHINGTON- Today, Rep. Nydia M. Velázquez, Ranking Member of the House Small Business Committee, led Democratic Committee members in sending a letter to Small Business Administration (SBA) Acting Administrator Everett Woodel, urging the agency to immediately clarify the extent of Elon Musk’s Department of Government Efficiency (DOGE) access to SBA systems. The letter follows reports that DOGE req... Read More »
WASHINGTON- Today, Rep. Nydia M. Velázquez, Ranking Member of the House Small Business Committee, released the following statement after President Donald Trump fired 17 independent inspectors general at various agencies, including the Small Business Administration: “Inspectors General play a vital role as independent watchdogs, working to uncover waste, fraud, and abuse while promoting transparenc... Read More »
Ranking Member Velázquez Announces 119th Congress Subcommittee Ranking Members and Assignments Washington, D.C.— Today, House Small Business Committee Ranking Member Nydia M. Velázquez (D-NY) released the following statement announcing subcommittee Ranking Members for the 119th Congress: “It’s an honor to welcome this dynamic group of legislators to the Committee for the 119th Congress,” said Rank... Read More »
WASHINGTON- Today, House Small Business Committee Ranking Member Nydia M. Velázquez (D-NY) announced committee members for the 119th Congress following their unanimous approval by the House Democratic Caucus. “I am pleased to welcome this talented group of legislators to the Committee for the 119th Congress,” said Ranking Member Velázquez. “We have many new faces joining us, alongside members who ... Read More »
WASHINGTON – Rep. Nydia M. Velázquez (D-NY), Ranking Member of the House Small Business Committee, has introduced multiple pieces of legislation to address key issues facing small businesses, including improving vital Small Business Administration (SBA) capital access programs, facilitating employee ownership of small businesses, and expanding access to SBA disaster loans. “Under the Biden admini... Read More »
WASHINGTON – Today, Rep. Nydia M. Velázquez (D-NY), Ranking Member of the House Small Business Committee, and Rep. Morgan McGarvey (D-KY) penned a letter to the Small Business Administration (SBA) calling on the agency to release detailed information on the 7(a) Loan Program. During a September hearing with SBA Administrator Isabel Guzman, some committee members discussed the level of loan default... Read More »
WASHINGTON – Today, House Small Business Committee Ranking Member Nydia M. Velázquez (D-NY), Rep. Judy Chu (D-CA), Rep. Morgan McGarvey (D-KY), Rep. Hillary Scholten (D-MI), Rep. Chris Pappas (D-NH), and Rep. Shri Thanedar (D-MI) issued the following statement after the Small Business Administration (SBA) announced it had exhausted funding for new disaster loans: “This is a desperate time for mill... 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 September jobs report showing that nonfarm payroll employment increased by 254,000: “The September jobs report showcases the continuing strength of the Biden-Harris economy, as we added over 250,000 new jobs and the u... Read More »
WASHINGTON, DC —Today, Rep. Nydia M. Velázquez (D-NY), Ranking Member of the House Small Business Committee, delivered opening remarks at a full Committee markup. Ranking Member Velázquez’s remarks as prepared for delivery: Thank you, Mr. Williams. Part of our role as members of the Small Business Committee is to recognize the impact regulations have on small businesses and work to find ways to ba... 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 142,000: “The August jobs report shows that the US economy continues to add new jobs at a steady rate. Today’s report brings the total number of ... Read More »
