Political Quotes

On the recordJune 6, 2025
let me say that H.R. 2966 will not improve SBA lending or support small businesses. This bill creates new barriers, targets legally operating entrepreneurs, and burdens lenders with requirements they aren't equipped to meet. Small businesses are struggling. This administration's trade policies have increased uncertainty and made it nearly impossible for many small firms to do business. The small businesses in my district and those that have reached out to my committee are not asking for this legislation. They want stability, and they want more support. This bill risks making things worse by reducing access to capital for many small businesses that are following the rules. We should be working together to lift these businesses up, not passing laws to punish them. I urge my colleagues to vote ``no'' on this bill and focus instead on solutions that will truly help American small businesses. Let me say, they brought this bill to the floor without a single hearing, no expert witnesses, no nothing. Mr. Speaker, I yield back the balance of my time.
Said by
Nydia M. Velazquez
New York

Editor's note · Context

Opposing H.R. 2966 and its impact on small businesses during a House floor debate.

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