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Chairwoman Velázquez Statement on Passage of Build Back Better Act

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Washington, D.C.— Today, House Small Business Committee Chairwoman Nydia M. Velázquez (D-NY) issued the following statement after the House voted to pass the Build Back Better Act: “Today’s passage of the Build Back Better Act is historic for the American people and American small businesses. Since the 117th Congress began, House Democrats have been working to deliver transformational investments ...

Administrator Guzman Testifies on Small Business Recovery and SBA Programs Before Committee

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Washington, D.C.— Today, the House Small Business Committee, under Chairwoman Nydia M. Velázquez (D-NY), held a hybrid hearing with Small Business Administrator (SBA) Isabella Casillas Guzman. During the hearing, Administrator Guzman updated committee members on the status of pandemic relief programs, the challenges facing the agency, and the benefits of the Biden administration’s economic agenda ...

Chairwoman Velázquez Statement 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: “The October jobs report shows that the economy is shaking off the Delta variant and rapidly progressing toward recovery. Last month our economy beat expectations and added over half a million jobs. At the same time...

JEC, CHC, House Small Business Committee Release Report on Hispanic Businesses, Entrepreneurship

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Washington, D.C.—Today, the U.S. Congress Joint Economic Committee (JEC), led by Congressman Don Beyer (D-VA); the Congressional Hispanic Caucus (CHC), led by Congressman Raul Ruiz, M.D. (D-CA); and the House Small Business Committee, led by Congresswoman Nydia Velázquez (D-NY) released a new report examining the state of Hispanic entrepreneurship and businesses ownership in the United States. Acc...

Chairwoman Velázquez’s Statement in Support of the Build Back Better Act Before the Rules Committee

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Washington, D.C.— Yesterday, during a House Rules Committee hearing on the Build Back Better Act, House Small Business Committee Chairwoman Nydia M. Velázquez (D-NY) delivered these remarks in favor of the small business provisions in the Build Back Better Act: As Prepared for Delivery “Chairman McGovern, Ranking Member Cole, and members of the Rules Committee. I appreciate the opportunity to test...

Velázquez Gathers Experts and Business Owners to Examine COVID Entrepreneurship Boom

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Washington, D.C.— Today, the House Small Business Committee, led by Chairwoman Nydia M. Velázquez (D-NY), held a hearing examining the rapid rise in business startups that occurred during the pandemic. In 2020, Americans filed paperwork to start 4.3 million new businesses, by far the highest number on record over the past 15 years. “The pandemic disrupted many areas of American life, not least of ...

House Passes Set of Six Bipartisan Small Business Bills

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Washington, D.C.— Today, the House passed a set of six bipartisan bills that originated out of the House Small Business Committee. The bills feature measures to improve critical SBA lending programs and boost small business cyber-security protections. One bill, H.R. 3469, will reauthorize a program providing entrepreneurial development training to veterans. The House passed the legislation as the ...

Statement of the Hon. Dean Phillips on Global Supply Chains and Small Business Trade Challenges

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I wish to start by thanking our distinguished witnesses for joining us today for this vital hearing on the state of the global supply chain and its impact on small businesses. The ongoing COVID-19 pandemic is a once-in-a-generation crisis that has created massive economic challenges for businesses and consumers alike. An extraordinary increase in demand for goods has exacerbated the many weaknesse...

Phillips Surveys Impact of Global Supply Chain Issues on Small Businesses

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Washington, D.C.— Today, Subcommittee on Oversight, Investigations, and Regulations Chairman Dean Phillips (D-MN) held a hearing examining the impact of global supply chain issues on American small businesses. The hearing occurred in the wake of product shortages and shipping delays around the world that have affected the day-to-day operations of small firms. “The complexities of the global supply...

Mfume Looks to Reverse Decline in Small Business Supplier Base for Government Contracting

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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 remote hearing examining the recent decline in the federal small business supplier base. The hearing focused on the policy of Category Management and its impact on small firms; small contractors testified on the challenges the policy presents for t...

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