WASHINGTON—Recently, Chairman Steve Chabot (R-OH) and Ranking Member Nydia M. Velázquez (D-NY) sent a letter to the Honorable Gene L. Dodaro, Comptroller General of the United States at the United States Government Accountability Office (GAO), requesting a report on the Small Business Administration’s (SBA) performance during the past hurricane season. “SBA is a resource for millions of people who have been victims of natural disasters across our nation,” said Chairman Steve Chabot. “As we exami...
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PADUCAH, KENTUCKY—Today, the House Committee on Small Business held a field hearing in Congressman James Comer’s (R-KY) congressional district on the state of Western Kentucky’s small businesses and what recommendations they have about federal policies. “Small businesses were responsible for 1.9 million net new jobs in 2015 (including more than 17,000 net new jobs in Kentucky),” said Congressman James Comer. “As most of you know, Paducah is a dynamic, fast-growing city that engages its citizens ...
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MISSISSIPPI – This afternoon, the House Small Business Committee held a field hearing in Southaven, Mississippi to examine issues facing rural small businesses including access to capital, lack of reliable broadband, and finding qualified employees. Subcommittee Chairman on Investigations, Oversight, and Regulations Trent Kelly (R-MS) said, “Although the economy is getting stronger, rural America is still recovering from the 2008 recession. Today we asked these small business owners to share wit...
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WASHINGON—Today, Members of the House Small Business Committee Subcommittee on Economic Growth, Tax, and Capital Access heard from a panel of small business owners and experts on the solutions that exist to combat the small business workforce shortage. “The American economy is creating jobs at historic rates. Over 1 million jobs have been created so far this year, the unemployment rate is at an 18 year low of 3.8 percent, and there are now more vacant jobs than unemployed job seekers in the Unit...
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WASHINGON—Today, Members of the House Small Business Committee examined the Executive Branch’s approach to utilizing Category Management (CM) principles and the impact it may have on small businesses and the industrial base. CM are a set of procurement approaches attempting to eliminate redundancies, increase efficiency, and deliver value all while saving the taxpayers money. “While Category Management can be useful in tracking the federal government’s purchasing habits in order to identify effi...
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WASHINGTON—Today, House Committee on Small Business Chairman Steve Chabot (R-OH) released the following statement regarding the agreement the Department of Commerce has made with China-backed telecom giant, ZTE: “The President’s instincts on the threat that ZTE poses to American small businesses and our country have been correct from the start—ZTE is a nefarious actor that seeks to undermine our national security. It is my hope that the President and Secretary Ross will continue to apply as much...
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WASHINGTON—Today, Members of the House Committee on Small Business Subcommittee on Investigations, Oversight, and Regulations heard testimony from an expert panel of witnesses on the Department of Veterans Affairs’ (VA) resources for veteran-owned small businesses, specifically the Veterans First Contracting Program. “The Veterans First Contracting Program was established by Congress in 2006 to assist the VA in carrying out their mission of serving America’s veterans,” said Subcommittee Chairman...
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WASHINGTON—Today, Members of the Committee on Small Business heard testimony from a panel of experts and small business owners on the relationship between millennials and the gig economy; specifically, the increasing number of millennials pursuing careers in the gig economy, and how this trend is impacting small business. “This notion of short term, contractual workers dates back centuries, but has been re-envisioned with the inclusion of technology,” said Chairman Steve Chabot (R-OH). “The gig ...
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WASHINGTON – Today, the Senate passed H.R. 4743, the Small Business 7(a) Lending Oversight Reform Act, to increase the Small Business Administration’s (SBA) oversight authority over the 7(a) Loan Program. The bipartisan and bicameral legislation was introduced by House Committee on Small Business Chairman Steve Chabot (R-OH), and Senate Small Business and Entrepreneurship Committee Chairman Jim Risch (R-ID), and Ranking Member Nydia Velázquez (D-NY) and Jeanne Shaheen (D-NH). “Today’s Senate pas...
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WASHINGTON—Today, House Committee on Small Business Chairman Steve Chabot (R-OH), released the following statement upon House passage of the FY2019 National Defense Authorization Act (NDAA), which includes small business provisions introduced by the House Committee on Small Business: “Small businesses play an immeasurable role in keeping America safe and strong. Not only are they the lifeblood of the economy, but they also the lifeblood of our nation’s industrial base,” said Chairman Chabot. “Th...
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