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House Passes Four Bipartisan Small Business Bills

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Washington, D.C.— The House has passed a set of four bipartisan bills focused on improving Small Business Administration (SBA) programs that help small business recover from natural disasters, protect against cyber threats, and engage in international trade.   “Small businesses are the beating heart of the American economy. Given that fact, it’s vital that Congress support…

Chairwoman Velázquez on SBA Actions in Response to House Report on Fraud in the Paycheck Protection Program

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Washington, D.C.— Today, House Small Business Committee Chairwoman Nydia M. Velázquez (D-NY) released the following statement after the Small Business Administration (SBA) announced its suspension of certain non-lenders from agency programs and investigation of banks involved in alleged fraud outlined in a recent report issued by the House Select Subcommittee on the Coronavirus…

Phillips Works to Increase Access to SBA Programs for Employee-Owned Businesses

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Washington, D.C.— Today, the House Small Business Committee Subcommittee on Oversight, Investigations, and Regulations, chaired by Rep. Dean Phillips (D-MN), held a hearing examining the challenges employee-owned businesses face accessing Small Business Administration (SBA) lending programs. The hearing gathered lenders and employee ownership experts to testify on employee-owned…

Chairwoman Velázquez on November 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 November jobs report showing that non-farm payroll employment increased by 263,000 and annual wages grew by 5.1%:          “The November jobs report marks the twenty-second straight month of…

Velázquez and Phillips Introduce Bills to Expand Access to SBA Programs for Employee-Owned Small Businesses

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Washington, D.C.— Today, House Small Business Committee Chairwoman Nydia M. Velázquez (D-NY) and Subcommittee on Oversight, Investigations, and Regulations Chairman Dean Phillips (D-MN) introduced bills to help ensure equitable access to Small Business Administration (SBA) lending programs for employee-owned small businesses.    “Employee-owned businesses have a proven track…

Chairwoman Velázquez on October 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 October jobs report showing that non-farm payroll employment increased by 261,000:          “The October jobs report showcases the strength and resiliency of the American labor market. Our…

Chairwoman Velázquez on September 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 September jobs report showing that non-farm payroll employment increased by 263,000:           “The September jobs report is more proof that the Biden Administration’s economic agenda has our…

Committee Passes Bipartisan Bill to Reauthorize and Strengthen Small Business Exporting Program

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Washington, D.C.— Today, the House Small Business Committee, under Chairwoman Nydia M. Velázquez (D-NY), passed a bipartisan bill to reauthorize the Small Business Administration’s (SBA) State Trade Expansion Program (STEP) for four fiscal years and make numerous improvements to the program.   “Since its inception, STEP has helped thousands of small businesses break into the…

Velázquez Looks to Strengthen SBA Office Responsible for Boosting Small Business Exports

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Washington, D.C.— Today, the House Small Business Committee, under Chairwoman Nydia M. Velázquez (D-NY), held a hearing reviewing the operations of the Small Business Administration’s (SBA) Office of International Trade (OIT), which is responsible for supporting small business international trade development and encouraging small business exports. OIT’s primary responsibility is…

Chairwoman Velázquez on August 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 August jobs report showing that non-farm payroll employment increased by 315,000:           “Today’s jobs report showcases the strength of our economic recovery under the Biden administration.…

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