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Statements

Statement of Rep. Murphy on GAO reports of Offices of Small and Disadvantaged Business Utilization

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Statement of the Hon. Stephanie Murphy U.S. House of Representatives Committee on Small Business Subcommittee on Contracting and the Workforce “GAO Audit Reveals Half-Measures Taken by Small Business Advocates” October 25, 2017 Thank you, Mr. Chairman. Each year, the federal government procures more than $400 billion in goods and services from businesses around the country through government contr... Read more »

Statement of Rep. Adams on OIG’s Review of the Microloan Program

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“Oversight Improvements Needed: SBA OIG’s Review of the Microloan Program” Statement of the Hon. Alma Adams, Ranking Member House Committee on Small Business Subcommittee on Investigations, Oversight, and Regulations Thursday October 12, 2017 at 2:00 pm In recent years, the nature of small business financing has evolved. No longer do many banks want to take on a business loan under $250,000 – leav... Read more »

Statement of Rep. Lawson on Fostering Women’s Entrepreneurial Success

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Fostering Women’s Entrepreneurial Success Hon. Al Lawson, Ranking Member United States House of Representatives, Committee on Small Business Subcommittee on Health and Technology Thursday October 12, 2017 at 10:00 am I am glad we are taking time today to talk about this very important topic during National Women’s Small Business Month. Fostering women’s entrepreneurial success is critical for the ... Read more »

Statement of Rep. Velázquez on Paperwork Reduction

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STATEMENT Congresswoman Nydia Velazquez, Ranking Member House Committee on Small Business “Paperwork Reduction Act II” Wednesday, October 11, 2017 In 2015, the public spent an estimated 9.78 billion hours responding to Federal information collections. While some of this information was required as disclosures, others were for eligibility in programs or applying for loans. Whatever the reason, for ... Read more »

Statement of Rep. Velázquez on Small Business Tax Reform

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STATEMENT Congresswoman Nydia Velazquez, Ranking Member House Committee on Small Business “Small Business Tax Reform: Modernizing the Code for the Nation’s Job Creators” Wednesday, October 4, 2017 Main Street is the heart of our economy and a better tax code will help it beat stronger. American small businesses have outgrown the tax code thanks in part to ever changing technology and new forms of ... Read more »

Statement of Rep. Velázquez on Effectiveness of HUBZone Reforms

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STATEMENT of the Honorable Nydia M. Velázquez, Ranking Member United States House of Representatives, Committee on Small Business “Serving Small Businesses: Examining the Effectiveness of HUBZone Reforms” September 13, 2017 Each year, the federal government procures more than $400 billion in goods and services from businesses around the country through government contracts. The Historically Underu... Read more »

Statement of Rep. Velázquez on Cybersecurity

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STATEMENT The Honorable Nydia M. Velazquez Committee on Small Business “Protecting Small Businesses from Cyber Attacks: the Cybersecurity Insurance Option” July 26, 2017, 11:00am Room 2360 of the Rayburn House Office Building The Internet has undoubtedly transformed the way small businesses operate. E-commerce empowers America’s 28 million small businesses a unique opportunity to sell their produc... Read more »

Statement of Ranking Member Nydia Velázquez before Committee on Trade Hearing

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STATEMENT Of the Honorable Nydia M. Velazquez, Ranking Member Committee on Small Business Full Committee Hearing on Trade June 21, 2017 Small businesses are the engine of our economy, creating nearly two-thirds of net new jobs. A critical subset of this sector are small exporters. Firms that export grow faster, generate more jobs, and pay higher wages than other businesses. Clearly, to continue gr... Read more »

Statement of Rep. Velázquez on a Review of SBA’s Office of the Chief Information Officer

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Statement of the The Honorable Nydia Velazquez “Help or Hindrance? A Review of SBA’s Office of the Chief Information Officer” House Committee on Small Business Wednesday, July 12, 2017 11:00 a.m. Of the Committee’s many responsibilities, one of our most critical is overseeing and examining the Small Business Administration. As the only federal agency charged specifically with helping small busines... Read more »

Statement of Rep. Dwight Evans on A Review of SBA’s 504/CDC Loan Program

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“A Review of SBA’s 504/CDC Loan Program” Statement of the Hon. Dwight Evans, Ranking Member United States House of Representatives, Committee on Small Business Subcommittee on Economic Growth, Tax, and Capital Access Thursday June 29, 2017 at 10:00 am In order for small firms to play their traditional, job-creating role, a number of factors must be in place. Perhaps the most important ingredient i... Read more »

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