This bill will greatly increase the publicly available information about the microloan program's performance and impact. If we intend to continue to support the smallest of small businesses, especially women- and minority-owned businesses, we need to make sure the programs targeting them are operating at their best. That starts with improving the data and information available about where the loans are going, how affordable they are, and where the gaps in coverage are. With more data, Congress will be able to monitor the program and identify areas for improvement. I thank the gentlemen from Tennessee and New Jersey for their hard work and collaboration in bringing this bill to the floor today. I urge my colleagues to vote ``yes,'' and I yield back the balance of my time.
Share
More from Nydia M. Velazquez
I have no further speakers, and I yield myself the balance of my time to close. Mr. Speaker, I have drafted this bill in a way that I believe ensures women-owned small businesses will not be harmed during the transition away from…
Today we are considering H.R. 5426, which will require the SBA to put a link to the IG's fraud hotline on its website for whistleblowers to report suspected fraud. The good news is that the Biden administration SBA already has a link to…
Today, I rise to recognize June as Immigrant Heritage Month. This month, we celebrate the invaluable contributions of immigrants and the positive impact that they have on our country. In that spirit, I would like to share the stories of…
These policies will only exacerbate the extreme suffering occurring at the southern border. If Republicans really wanted to address this crisis, they would join Democrats to pass real, comprehensive immigration reform. Mr. Speaker, I urge…





