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Oversight, Investigations, and Regulations

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 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...

Chu Looks to Improve Management of SBA’s Native 8(a) Contracting Program

| Posted in Press Releases

Washington, D.C.— Today, the House Small Business Subcommittee on Investigations, Oversight, and Regulation under Chairwoman Judy Chu (D-CA) gathered government officials and representatives from Native contracting groups to examine the SBA’s Native 8(a) program. The hearing comes in the aftermath of government reports and media coverage that brought issues with the program to light. “We owe all b...

Statement of the Hon. Judy Chu on SBA Management and Oversight of the SCORE Program

| Posted in Statements

SCORE was first established in 1964 as a national, volunteer nonprofit organization, whose mission is to foster vibrant small business communities through mentoring and education. Over the years, it has grown to one of the largest networks of volunteers, with more than 11,000 expert business advisors at 350 chapters nationwide. SCORE provides free or low-cost mentoring and training to small busine...

Chu Calls for Reforms and Accountability in SBA’s SCORE Program

| Posted in Press Releases

Washington, D.C.—Today, Rep. Judy Chu (D-CA) Chairwoman of the Small Business Subcommittee on Investigations, Oversight, & Regulations gathered officials from the U.S. Small Business Administration (SBA) to answer questions regarding the agency’s oversight of the SCORE program. Chu called the hearing following an April report from the office of the SBA Inspector General that found systemic issues ...

Chu Gathers Small Business Borrowers and Lenders to Examine SBA Community Advantage Program

| Posted in Press Releases

Washington, D.C.— Today, Rep. Judy Chu (D-CA) Chairwoman of the Small Business Subcommittee on Investigations, Oversight, & Regulations convened a panel of small business lenders and borrowers to discuss the state of the Small Business Administration’s (SBA) Community Lending Program, including whether to move the program towards permanency. “On this Committee, we are focused on making sure that s...

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