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Committee Examines Pandemic Impact and Policies to Drive Recovery During Hearing on Creative Economy

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Washington, D.C.— Today, the House Small Business Committee held a hearing surveying the current state of the creative economy and its overall impact on the American economy. The hearing gathered artists and creative workers to testify on the devastating effects of the COVID-19 pandemic on their industry and ways that Congress can better support them. “The wounds the pandemic inflicted on the arts...

Velázquez Examines Top Challenges Facing SBA During Oversight Hearing

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Washington, D.C.— Today, Rep. Nydia M Velázquez (D-NY), Chairwoman of the House Small Business Committee, led a hearing examining the top management and performance challenges facing the Small Business Administration (SBA) according to a report recently published by the SBA Office of the Inspector General (OIG). “Oversight of SBA programs is important now more than ever as we work to address the c...

Chairwoman Velázquez Statement 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 report: “The December jobs report showcases the resiliency of the U.S. economy as we continued to add jobs at a steady pace despite the spread of the Omicron variant. Last month, we added 199K jobs, and wage growth rose to...

Chairwoman Velázquez Statement 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: “The November jobs report shows that the economy is working its way toward recovery at a steady pace. The unemployment rate is at its lowest level of the pandemic, more Americans are working or looking for jobs, an...

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 ...

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