Defending Small Business with 21st Century Energy Policies

During debate on the House floor over H.R. 702, Small Business Committee Chairman Steve Chabot (R-OH) championed the benefits that lifting the ban on oil exports would have for small businesses. "The untold story of this ban is how it's hurting small businesses," said Chabot. "If America is going to lead the world in energy production, let's not leave one hand tied behind our back." Earlier this summer, the Small Business Committee held one of the first hearings on the subject of how lifting the ban would have a positive impact on job creation... [...]

Committee Examines Impact of Flawed DOL Regulation

Today, the Small Business Subcommittee on Oversight, Investigations, and Regulations examined the consequences of the Department of Labor’s new overtime rule. The Small Business Administration’s Office of Advocacy has criticized the Department of Labor for vastly underestimating the “small business compliance costs” and for not considering numerous “key small entities affected by the rule.” “This rule does not recognize the geographic diversity of the American economy,” said Subcommittee Chairman Cresent Hardy (R-NV). “It will particularly hur... [...]

This Week At Small Business

The Committee on Small Business Announces the following events this week: Full Committee Chairman Steve Chabot (R-OH) Wednesday, October 7, 2015 at 11:00 A.M. 2360 Rayburn House Office Building The EMV Deadline and What it Means for Small Businesses The Committee on Small Business will meet for a hearing titled, The EMV Deadline and What it Means for Small Businesses. The hearing is scheduled to begin at 11:00 A.M. on October 7, 2015 in Room 2360 of the Rayburn House Office Building. The Europay, Mastercard, Visa (EMV) chip payment system will... [...]

The Rise of Entreprenuerial Communities

This summer, as Chairman of the House Small Business Committee, I had the opportunity to honor an innovative business accelerator called First Batch. This isn’t your typical business accelerator. First Batch is a product accelerator in my hometown of Cincinnati, Ohio, that focuses on helping entrepreneurs and makers bring physical products to market. It’s a great resource supporting the intersection of technology and manufacturing, and it’s another example of the resources communities are using to build entrepreneurial ecosystems. When you thi... [...]

Small Businesses Achieve Victory with Final Passage of NDAA

Small businesses that create jobs and save taxpayer dollars by contracting with the federal government scored a victory today with final passage of the National Defense Authorization Act (NDAA) for 2016. The final version of the legislation, approved by the House of Representatives today, includes several provisions offered by the Small Business Committee that open doors for small businesses through the contracting and procurement opportunities. “The National Defense Authorization Act for 2016 recognizes that small businesses play a major role ... [...]