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Press Releases

Velázquez Says American Small Businesses Will Pay Price of Trump Wine Tariffs on Europe

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Washington, D.C.— Today, House Small Business Committee Chairwoman Nydia M. Velázquez (D-NY) and eight Committee Democrats sent a letter to U.S. Trade Representative Robert Lighthizer expressing concern over the Trump Administration’s decision to impose retaliatory tariffs on European wines, which they say will mainly hurt American small businesses. In October, the Trump Administration imposed a 2... Read more »

Velázquez Looks to Increase Equity for Women and Minorities in the Patent System

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Washington, D.C.— Today, the House Small Business Committee under Chairwoman Nydia Velázquez (D-NY) held a hearing examining the issue of patent diversity and how a lack of diversity in the innovation process is hindering the economy and small business. Studies show that women and minorities apply and obtain patents at a rate significantly lower than their white male counterparts, effectively lock... Read more »

Crow Surveys Role of Small Business in Ag-Tech and Impact of New Technologies on Small Farms

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Washington, D.C.— Today, the House Small Business Subcommittee on Innovation and Workforce Development, chaired by Rep. Jason Crow (D-CO), held a hearing examining how small businesses are driving growth in the agricultural technology (ag-tech) industry and how these technological developments are benefiting America’s small farms. “Farming and agriculture are at the heart of strong economies aroun... Read more »

House Passes Bipartisan Prison Reform through Entrepreneurship Bills

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Washington, D.C.— Today, the House passed two bipartisan prison reform bills authored by House Small Business Committee Chairwoman Nydia M. Velázquez (D-NY) and House Democratic Caucus Chairman Hakeem Jeffries (D-NY). The two bills, H.R. 5078, the Prison to Proprietorship Act and H.R. 5065, Prison to Proprietorship for Formerly Incarcerated Act would improve entrepreneurship opportunities for inca... Read more »

House Passes Bipartisan Bills to Address Size Standards, Past Performance Concerns

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Washington, D.C.— Today, the House passed bipartisan reforms to improve opportunities for small businesses to be competitive in the marketplace. H.R. 5130, the Capturing All Small Businesses Act of 2019, was authored by Rep. Marc Veasey (D-TX) and Rep. Kevin Hern (R-OK). H.R. 5146, the Unlocking Opportunities for Small Businesses Act, was authored by Rep. Jim Hagedorn (R-MN) and Vice Chair Dwight ... Read more »

Chairwoman Velázquez on Senate Confirmation of Jovita Carranza to Lead SBA

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Washington, D.C.— Today, House Small Business Committee Chairwoman Nydia M. Velázquez (D-NY) issued the following statement after the Senate voted to confirm Jovita Carranza as Administrator of the Small Business Administration (SBA): “The Small Business Administration is the nation’s only federal agency dedicated solely to helping America’s entrepreneurs launch businesses and grow. In addition to... Read more »

Chairwoman Velázquez on Passage of Appropriations Package Funding SBA Programs

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Washington, D.C.—Today, House Small Business Committee Chairwoman Nydia M. Velázquez (D-NY) released the following statement on the passage of H.R 1158, which contains funding for the Small Business Administration (SBA) for fiscal year 2020 (FY20) “Across the country, the Small Business Administration and its resource partners inject lifeblood into local economies by providing entrepreneurial deve... Read more »

Statement of the Hon. Judy Chu on Review of the SBA’s 504/CDC Loan Program

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On this Committee, we are focused on making sure that small businesses, whether in my district in California – in Ranking Member Spano’s district in Florida – and in every district across America – can access the capital they need to start, grow, and create new jobs. And we know that when capital is affordable and accessible, small businesses can do what they do best: strengthen our communities, c... Read more »

Chu Holds Oversight Hearing on SBA’s 504/CDC Program

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Washington, D.C.— Today, Rep. Judy Chu (D-CA), Chairwoman of the House Small Business Subcommittee on Investigations, Oversight, and Regulations, held a hearing on the current state of the Small Business Administration’s (SBA) 504/Certified Development Company (CDC) lending program. The 504/CDC program facilitates small business growth by helping firms secure affordable capital for investments in ... Read more »

Houlahan Holds Hearing Aimed at Empowering Socially Responsible Small Businesses

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Washington, D.C.— Today, the House Small Business Committee, chaired by Rep. Chrissy Houlahan (D-PA), conducted a hearing focused on how small businesses incorporate social and environmental responsibility into their business model and ways that Congress can support them. The hearing gave members the chance to look at how Corporate Social Responsibility (CSR) can provide a more sustainable economi... Read more »

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