As the Small Business Administration (SBA) considers public feedback on its sweeping set of proposed lending regulations, the top Democrat on the House Small Business Committee, Rep. Nydia M. Velázquez (D-NY) weighed in on the guidance. Most concerning to Velazquez was a provision preventing loans for employee-owned business models from being processed under a lender’s delegated authority. In obje... Read more »
As President Trump and House Republicans threaten a government shutdown, Rep. Nydia M. Velázquez (D-NY), the top Democrat on the House Small Business Committee is sounding the alarm on the negative consequences a shutdown would have on America’s small businesses. “If Republicans fail to govern by letting our government shut down, the entire economy will take an unnecessary hit,” said Velázquez. “T... Read more »
Bills Boost Entrepreneurs’ Access to Capital, Help Small Companies Win Procurement Work, Protect Firms’ Intellectual Property Today, the U.S. House of Representatives passed a set of key small business reforms championed by Democratic Members of the House Small Business Committee. Once enacted, the bills will take valuable steps to strengthen the small business sector, from promoting diversity in ... Read more »
The U.S. House of Representatives has passed H.R. 6758, the SUCCESS Act, which includes language authored by House Small Business Committee Ranking Member Rep. Nydia M. Velázquez (D-NY) aimed at addressing underrepresentation of women and minorities patent holders. “For an entrepreneur, securing a patent can jumpstart a new business, spur job growth and unlock the doors to success,” said Velázquez... Read more »
Provisions Incorporated into Larger Defense Package Three crucial Democratic Small Business Committee provisions passed the House of Representatives today as a part of the FY 2019 National Defense Authorization Act (NDAA). The amendments passed will help start-ups pursue commercialization, make the employee-owned business model more accessible and funnel much-needed federal dollars into Puerto Ric... Read more »
GOP Tax Scam Benefits Wall Street Over Main Street Members of the U.S. House Small Business Committee heard this week that a Republican tax law signed by the President in December has done little to alleviate entrepreneurs’ concerns about tax code complexity. During a Wednesday hearing, Small Business Democrats argued that the Republican bill will provide Wall Street corporations and extraordinari... Read more »
Arguing that President Trump’s escalating trade war and failed infrastructure reform offers a raw deal for rural entrepreneurs, Democrats on two House Small Business subcommittees convened this week to advocate for greater federal investments in rural businesses. “Today, most economic indicators show sustained growth, but rural and traditionally underserved sectors, like women and minorities conti... Read more »
A slate of Democratic bills cleared the House Small Business Committee this week, taking an important step toward final passage and enactment. Rep. Nydia M. Velázquez (D-NY), the top Democrat on the Committee, said the measures would help more small firms to access capital and secure federal contracting and subcontracting opportunities. “Small businesses are the cornerstone of the American economy... Read more »
This week, two House subcommittees held a hearing focused on improving the certification process for Service Disabled Veteran Owned Small Businesses (SDVOSBs). To crackdown on current waste, fraud and abuse, Democrats of the House Small Business Subcommittee on Investigations, Oversight, and Regulations and the Committee on Veterans’ Affairs Subcommittee on Oversight and Investigations argued in f... Read more »
Today, House Small Business Committee Democrats held a hearing to discuss how Congress can help small business owners protect their intellectual property. For millions of entrepreneurs, securing a patent, trademark or copyright can open the doors to a successful venture. However, many women and minority inventors remain largely shut out of the patent process. For these reasons, Committee Democrats... Read more »
