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Committee News

Chairwoman Velázquez on Launch of Restaurant Revitalization Fund

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Washington, D.C.— Today, House Small Business Committee Chairwoman Nydia M. Velázquez (D-NY) issued the following statement in advance of the opening of the Small Business Administration’s (SBA) Restaurant Revitalization Fund: “Today’s opening of the Restaurant Revitalization Fund marks an important milestone for our nation’s restaurants and bars on their road to recovery. For over a year, these e...

House Passes Three Bipartisan Bills to Improve Key SBA Lending Programs

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Washington, D.C.— Today, the House passed a set of three bipartisan bills to make reforms to critical Small Business Administration (SBA) lending programs. The bills would make multiple improvements to the SBA’s 504 and Microloan programs. “As small businesses look to achieve long term recovery from the COVID crisis, capital access will be more important than ever,” said Chairwoman Nydia M. Velázq...

Mfume Seeks Resolution for Small Contractors Hurt by the Pandemic

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Washington, D.C.— Today, the House Small Business Committee Subcommittee on Contracting and Infrastructure, led by Chairman Kweisi Mfume (D-MD), held a hearing focused on the interplay between the Paycheck Protection Program (PPP) and the Federal Acquisition Regulations (FAR). The FAR serves as the primary set of rules governing all executive agencies in their acquisition of goods and services. Un...

Statement of the Hon. Dean Phillips on Perspectives from Main Street: Raising the Wage

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It is an honor to chair this subcommittee, and to provide a platform for small businesses across America. Though our members may disagree on matters of policy, I want to make it clear that [Looking to witnesses] We work for you, the small businesses present, and the small businesses owners across this country pursuing the American Dream. I look forward to conducting this hearing and this year’s wo...

Chairwoman Velázquez on December Jobs Report

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Washington, D.C.— Today, House Small Business Committee Chairwoman Nydia M. Velázquez (D-NY) issued the following statement after the Labor Department released its December jobs statement: “December’s weak jobs report captures the difficulties that plagued our job creators and small businesses in 2019 under President Trump’s watch. In small business-heavy sectors such as manufacturing, jobs are de...

Statement of the Hon. Nydia Velázquez on Upskilling the Medical Workforce: Opportunities in Health Innovation

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On this committee we are focused on ensuring that cities and towns across the Country have a vibrant and growing Main Street. Small firms, with their innovations and character, create jobs that lead to healthy and sustainable local economies. As we all know, an essential part of any community are the doctors and nurses who are relied upon in every corner of our country to keep us healthy. But many...

Chairwoman Velázquez on National Hispanic Heritage Month

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Washington, D.C.— Today, House Small Business Committee Chairwoman Nydia M. Velázquez (D-NY) issued the following statement for National Hispanic Heritage Month, which is recognized each year from September 15th to October 15th: “Hispanic Heritage Month is a time to recognize the history, culture, and achievements of the Hispanic-American community. And in the small business sector, there is plent...

Chairwoman Velázquez on National Preparedness Month

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Washington, D.C.— Today, House Small Business Committee Chairwoman Nydia M. Velázquez (D-NY) issued the following statement for National Preparedness Month which is recognized each September: “When natural disaster strikes, the federal government must be prepared to help. For years, the Small Business Administration has been a crucial part of the recovery process, offering low-cost loans and assis...

Chairwoman Velázquez Introduces Bill to Expand Economic Opportunity in Puerto Rico

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Washington, D.C.—House Small Business Committee Chairwoman Nydia M. Velázquez (D-NY) has introduced H.R. 3372, the Small Business Contracting Credit Act of 2019, a bill to incentivize contracting opportunities for small businesses in Puerto Rico. As the Island continues to reel from the devastation of Hurricanes Irma and Maria, Velázquez’s bill would increase economic opportunity by spurring inves...

Chairwoman Velázquez Reacts to Ongoing Trade Hearings on Trump Tariffs

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Washington, D.C.— Today, House Small Business Committee Chairwoman Nydia M. Velázquez (D-NY) issued the following statement as small businesses shared their concerns over President Trump’s trade war with China in written comments and during hearings before the Office of the United States Trade Representative: “Once again, small businesses are telling this Administration what we have been hearing s...

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