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Oversight, Investigations, and Regulations

Phillips Explores Role of Small Businesses in Combating Climate Crisis

| Posted in Committee News

Washington, D.C.— Today, Rep. Dean Phillips (D-MN), Chairman of the Subcommittee on Oversight, Investigations, and Regulations, held a hearing examining the role of the Small Business Administration (SBA) and small firms in fighting climate change. In 2021, historic floods, record temperatures, and blazing wildfires have wreaked havoc on communities, posing a significant threat to small businesses...

Statement of the Hon. Dean Phillips on CMMC Implementation: What It Means for Small Businesses

| Posted in Statements

Cyber-attacks have the potential to threaten public safety and undermine the American economy and national security. The early months of 2021 provided harsh reminders of this fact. Over the past 6 months, hackers and other malicious actors have held an oil pipeline for ransom, breached the nation’s largest transit network, and attacked private companies to obtain sensitive customer data. According...

Phillips Works to Optimize DOD Cyber-Security Preparedness Initiative for Small Contractors

| Posted in Press Releases

Washington, D.C.— Today, the House Small Business Committee Subcommittee on Oversight, Investigations, and Regulations, led by Chairman Dean Phillips (D-MN), held a hearing examining the Cybersecurity Maturity Model Certification (CMMC). The CMMC is the Department of Defense's (DOD) latest initiative to increase cybersecurity preparedness across the defense industrial base (DBI). The hearing gathe...

Phillips Conducts Oversight of SBA Pandemic Grant Programs

| Posted in Press Releases

Washington, D.C.— Today, the House Small Business Committee Subcommittee on Oversight, Investigations, and Regulations, led by Chairman Dean Phillips (D-MN), held a hearing focused on assessing the implementation and effectiveness of the Small Business Administration’s (SBA) pandemic related grant programs. The hearing gathered small business owners and stakeholders to testify on their experience ...

Statement of the Hon. Dean Phillips on A Review of the SBA’s Grant Programs

| Posted in Statements

COVID-19 sparked a once-in-a-lifetime crisis for American small businesses. As cases rose, COVID forced small firms across the country to shut their doors to protect their customers and employees and slow the spread of the virus. By April of 2020, the number of active small business owners had fallen by 22%, the most significant drop on record in our nation’s history. Since this dire situation eme...

Statement of the Hon. Dean Phillips on Perspectives from Main Street: Raising the Wage

| Posted in Committee News

It is an honor to chair this subcommittee, and to provide a platform for small businesses across America. Though our members may disagree on matters of policy, I want to make it clear that [Looking to witnesses] We work for you, the small businesses present, and the small businesses owners across this country pursuing the American Dream. I look forward to conducting this hearing and this year’s wo...

Chu Investigates Fraud and Abuse in COVID Relief Programs

| Posted in Press Releases

Washington, D.C.— Today, House Small Business Subcommittee on Investigations, Oversight, and Regulations Chairwoman Judy Chu (D-CA) led a hearing probing internal controls against fraud and abuse in key loan programs at the Small Business Administration (SBA). During the hearing, government watchdog agencies testified on their efforts to prevent fraud and waste in the Paycheck Protection Program (...

Statement of the Hon. Judy Chu on 21st Century SBA: An Analysis of SBA’s Technology Systems

| Posted in Statements

I am pleased to be holding this important hearing today to learn more about the Small Business Administration’s information technology (IT) systems, IT modernization efforts, and cyber security strategy. SBA has counted on its technology systems to implement the programs that help entrepreneurs launch and grow their small business. And millions of small businesses have relied on them over the past...

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

| Posted in Press Releases

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 ...

Statement of the Hon. Judy Chu on Native 8(a) Contracting: Emerging Issues

| Posted in Statements

In the 116th Congress, this Committee has been committed to taking a closer look at the various SBA contracting programs. Earlier this year, we held an oversight hearing on the Women-Owned Small Business Program, followed by a hearing where we discussed the contracting programs that help veterans bridge the gap between military service and entrepreneurship. Most recently, we examined the 8(a) Busi...

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