Washington, D.C.— Today, House Small Business Committee Chairwoman Nydia M. Velázquez (D-NY) issued the following statement after the Labor Department released its March jobs statement: “Unfortunately, the March jobs report comes amid the ravishing of the COVID-19 virus, which has inflicted devastating harm on the physical and economic well-being of Americans and the global community. “Few have bo... Read More »
Washington, D.C.—Today, House Small Business Committee Chairwoman Nydia M. Velázquez (D-NY) spoke on the House floor in support of the CARES Act, the third major federal relief bill for Americans hurt by the COVID-19 pandemic: As Prepared for Delivery “Thank you, Madam Speaker. I rise in support of this vital package. Our nation faces an unprecedented crisis. The coronavirus has spread quickly, in... Read More »
Washington, D.C.—House Small Business Committee Chairwoman Nydia M. Velázquez (D-NY) released the following statement in response to the House introduction of a comprehensive coronavirus emergency response bill, the Take Responsibility for Workers and Families Act: “For the millions of American small businesses and their employees suffering from the consequences of the coronavirus, House Democrats... Read More »
Washington, D.C.— Today, House Small Business Committee Chairwoman Nydia M. Velázquez (D-NY) introduced the COVID–19 Relief for Small Businesses Act of 2020, comprehensive legislation that would provide relief to small businesses facing consequences from the ongoing COVID-19 outbreak. “After speaking with my Committee colleagues and hearing firsthand of the struggles facing countless small busines... Read More »
Washington, D.C.— Today, House Small Business Committee Chairwoman Nydia M. Velázquez (D-NY) released the following update on federal efforts to aid small businesses during the COVID-19 outbreak: “As our nation bands together to fight the spread of the coronavirus pandemic, no employer or worker should be asked to put profit over the health and safety of Americans. As we have seen across the count... Read More »
Washington, D.C.— Today, House Small Business Committee Chairwoman Nydia M. Velázquez (D-NY) announced that all scheduled House Small Business Committee hearings for March would be postponed due to the novel coronavirus pandemic. "During a public health crisis, it is vital that we take the utmost precautions to protect members of Congress, congressional staff, and the public," said Chairwoman Velá... Read More »
Washington, D.C.— Today, House Small Business Committee Chairwoman Nydia M. Velázquez (D-NY) introduced legislation that would create a new program under the Small Business Administration (SBA) to directly supply loans to small businesses impacted by the coronavirus (COVID-19) outbreak. “As the severity of the coronavirus pandemic continues to affect day-to-day lives, Congress must take steps to p... Read More »
Washington, D.C.— Today, the House Small Business Committee passed four bipartisan bills to modernize SBA lending, improve small business exporting opportunities, and expand federal small business initiatives in U.S. territories. “Today, our Committee came together to pass four bipartisan bills that will bring new opportunities to current and aspiring entrepreneurs by making it easier for small bu... Read More »
Washington, D.C.— Today, small business owners and public health experts testified before the House Small Business Committee on the impact the novel coronavirus is having on small firms and the threat the outbreak poses moving forward. Chairwoman Nydia M. Velázquez (D-NY) called the hearing in the wake of the passage of an $8.3 billion emergency supplemental, which included a provision that enable... Read More »
Washington, D.C.— Today, House Small Business Committee Chairwoman Nydia M. Velázquez (D-NY) issued the following statement after the Labor Department released its February jobs statement: “I fear that February’s job report represents the calm before the storm for America’s small businesses and our economy. As the coronavirus spreads, small firms in impacted areas are already hurting as they exper... Read More »
Washington, D.C.— Yesterday, the House Small Business Subcommittee on Economic Growth, Tax, and Capital Access, under Chair Andy Kim (D-NJ) gathered small business owners to hear how online sales taxes are impacting small businesses in the wake of Supreme Court decision South Dakota v. Wayfair, Inc. “The Wayfair decision has created real problems for small businesses like Stikatto, an eCommerce bu... Read More »
The key to long term growth in our economy is to make sure we are creating an environment that encourages innovation. That is why since last January we have held hearings on how the digital ecosystem promotes entrepreneurship, how small firms are leading the way in the clean energy economy, and solutions to decrease barriers for women and minorities seeking patents and trademarks. Today’s hearing ... Read More »
Washington, D.C.—Today the U.S. House of Representatives passed H.R. 6074, the Coronavirus Preparedness and Response Supplemental Appropriations Act, which enables the Small Business Administration to make an estimated $7 billion in low-cost loans to affected small businesses. “For many American small businesses, the outbreak of coronavirus means fewer customers, gaps in supply chains, and workfor... Read More »
Washington, D.C.— Today, the House Small Business Committee gathered technology experts and small business owners to discuss the growing use of blockchain technology among small businesses and how the technology can benefit entrepreneurs moving forward. “Blockchain technology can help small businesses compete on a more level playing field with larger corporations, by streamlining operations, reduc... Read More »
America’s small businesses are a catalyst for creating employment opportunities and driving growth in the U.S. economy. That is because the 30 million small firms in the U.S. represent over 99 percent of all employers, and support nearly 56 million jobs. That is why we need to be enacting policies that help small businesses deliver the products, services, jobs, innovation, and income that American... Read More »
