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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...

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: “The September jobs report shows that the economy is steadily progressing toward recovery. Our national unemployment rate fell to 4.8%; a mark America didn’t hit following the Great Recession until January 2016. T...

Velázquez Looks to Bolster SBA’s Entrepreneurial Development Initiatives

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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 challenges facing the Small Business Administration’s (SBA) Office of Entrepreneurial Development (OED). “The strength of our recovery is dependent on the well-being of small businesses,” said Chairwoman Velázquez. “That’s why SBA’s entrepreneurial development progr...

Chairwoman Velázquez Announces October Hearings

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Washington, D.C.— Today, House Small Business Committee Chairwoman Nydia M. Velázquez (D-NY) announced several committee hearings throughout October: Wednesday, October 6, 2021- 10:00 A.M.- Hybrid Hearing: SBA’s Entrepreneurial Development Programs Witness: Mark Madrid, Associate Administrator, Office of Entrepreneurial Development, Small Business Administration Wednesday, October 13, 2021- 12:00 ...

Velázquez Leads Members in Recognizing National Small Business Week

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Washington, D.C.— Today, House Small Business Committee Chairwoman Nydia M. Velázquez (D-NY) led 58 Members of Congress in introducing a resolution to recognize September 13th through September 17th as National Small Business Week. The United States has celebrated small business week annually since 1963 to commemorate the contributions of small business owners and their more than 60 million employ...

Statement of the Hon. Nydia Velazquez on 09-09-21 Markup

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"Today we will be considering the small business title of reconciliation pursuant to S. Con. Res. 14, the Concurrent Resolution on the Budget for Fiscal Year 2022, which will provide $25 billion over ten years to the Small Business Administration. As required by House Rules, copies of the Committee Print have been made available to members and the public at least 24 hours in advance. "Small busin...

Committee Advances $25 Billion in Funding for Small Businesses

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Washington, D.C.— Today, the House Small Business Committee, led by Chairwoman Nydia M. Velázquez (D-NY), approved legislation to deliver $25 billion in funding to invest in small business programs. The committee now sends the bill to the House Budget Committee for inclusion in the Build Back Better Act. “Small businesses are the foundation of our economy and ultimately the key to our nation makin...

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