videos

TW: @HouseSmallBiz | FB: HouseSmallBiz | IG: House_Smallbiz EventID=112632 The hearing will introduce Members to Community Development Financial Institutions (CDFIs) and Minority Depository Institutions (MDIs), and will discuss the impact these institutions make in their communities, especially with respect to supporting local entrepreneurs. Members will also learn about the SBA and non-SBA programs intended to support CDFIs and MDIs.

TW: @HouseSmallBiz | FB: HouseSmallBiz | IG: House_Smallbiz EventID=112571 The national infrastructure has long deteriorated but investing in it today creates millions of good paying jobs for American workers now and into the future. However, it is not enough to create jobs, the country needs a pipeline of skilled workers to fill them. This hearing will discuss how small firms and the federal government can leverage workforce development programs to train and upskill the next generation of infra...

TW: @HouseSmallBiz | FB: HouseSmallBiz | IG: House_Smallbiz EventID=112517 The COVID-19 pandemic exposed many weaknesses in the supply chains relied on by small businesses, especially small manufacturers. As the economy continues to recover, Congress must take steps to maximize supply chain resiliency for future economic disruptions. The hearing will allow Members to examine the impact the COVID-19 pandemic had on supply chains for small businesses, especially those in the manufacturing industry...

TW: @HouseSmallBiz | FB: HouseSmallBiz | IG: House_Smallbiz EventID=112504 Immigrant entrepreneurship is an important aspect of growth in the American economy. Not only do immigrants start businesses at higher rates than native-born Americans, but they do so in sectors that are more likely to be Main Street businesses, in turn, promoting economic investment and development in their communities. Many of these businesses have been particularly hard hit by the COVID-19 pandemic and given their abil...

TW: @HouseSmallBiz | FB: HouseSmallBiz | IG: House_Smallbiz This hearing will give Members the opportunity to discuss the numerous reports from the SBA’s Office of Inspector General (OIG) and the Government Accountability Office (GAO) related to the lack of internal controls and the potential for fraud within the Paycheck Protection Program (PPP) and the Economic Injury Disaster Loan (EIDL) programs. Members will hear directly from OIG and GAO about their findings and whether SBA has implemented...

TW: @HouseSmallBiz | FB: HouseSmallBiz | IG: House_Smallbiz The hearing will examine the extent to which the Federal Acquisition Regulations (FAR) Credits Clause interacts with the Paycheck Protection Program and its implications for federal contractors. The Committee will learn more about how agencies are handling the matter, available guidance, and industry concerns.

TW: @HouseSmallBiz | FB: HouseSmallBiz | IG: House_Smallbiz The Subcommittee will meet to discuss the new Community Navigator Pilot Program, created in the American Rescue Plan. The remote hearing is an opportunity for Members to learn how the program will leverage existing community partners to enhance outreach to underserved communities across the country. In addition, it will provide an opportunity for Members to examine how increased outreach in underserved communities is vital to small busi...

TW: @HouseSmallBiz | FB: HouseSmallBiz | IG: House_Smallbiz The hearing will provide an overview of the Paycheck Protection Program (PPP) and an update for Members on the current state of the First and Second Draw loans, as well as loan forgiveness. The Committee will also hear feedback on the impact of the five programmatic changes recently announced and suggestions from stakeholders regarding the future of the program.

TW: @HouseSmallBiz | FB: HouseSmallBiz | IG: House_Smallbiz The federal minimum wage has not risen from $7.25 since 2009, marking the longest period without an increase since its creation in 1938. Meanwhile, the value of the minimum wage has eroded, and lower-income workers and families have struggled to keep up with the increasing cost of living. As a result, Congress is considering the Raise the Wage Act of 2021, which would incrementally raise the federal minimum wage to $15 by 2025. This pol...

TW: @HouseSmallBiz | FB: HouseSmallBiz | IG: House_Smallbiz The Committee on Small Business will hold a hybrid markup at 5:00 P.M. (EDT) on Wednesday, February 10, 2021, in Room 2360 of the Rayburn House Office Building and on Cisco WebEx

TW: @HouseSmallBiz | FB: HouseSmallBiz | IG: House_Smallbiz The Committee on Small Business will convene for a meeting to organize for the 117th Congress. Following the organizational meeting, the committee will assess the state of the small business economy after nearly a year into the global COVID-19 pandemic. Specifically, Members will be able to explore how relief efforts such as the Paycheck Protection Program, Economic Injury Disaster Loan Program, and Shuttered Venue Operator Program have...

TW: @HouseSmallBiz | FB: HouseSmallBiz | IG: House_Smallbiz The Subcommittee will meet to discuss the July 28, 2020 Management Report from the SBA Office of Inspector General (OIG) and the COVID-19 reports from the Government Accountability Office (GAO). The reports detail a lack of internal controls and potential for fraud within SBA’s Economic Injury Disaster Loan (EIDL) program and Paycheck Protection Program (PPP). The hearing will give Members the opportunity to discuss OIG and GAO’s findin...

TW: @HouseSmallBiz | FB: HouseSmallBiz | IG: House_Smallbiz This hearing will give members a chance to hear about the role of small businesses within our food production, distribution, and retail systems, the challenges they are facing, and how federal programs are addressing these challenges.

TW: @HouseSmallBiz | FB: HouseSmallBiz | IG: House_Smallbiz The hearing will provide an overview of the Paycheck Protection Program (PPP) loan forgiveness process and allow Members an opportunity to hear from lenders, borrowers, and other stakeholders about their experiences with the forgiveness process. The committee will examine loan forgiveness guidance and proposals for simplifying the loan forgiveness process for certain borrowers.