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This Subcommittee will evaluate the operation of the financial markets in the United States and their ability to provide needed capital to small businesses. In addition, the Subcommittee will review federal programs, especially those overseen by the SBA, aimed at assisting entrepreneurs in obtaining needed capital.
The Subcommittee on Rural Development, Energy, and Supply Chains is one of five subcommittees of the House Small Business Committee.It has previously been known as Subcommittee on Rural Development, Agriculture, Trade and Entrepreneurship and Subcommittee on Agriculture, Energy and Trade, and the Subcommittee on Underserved, Agricultural, and Rural Business Development.
The committee has oversight and legislative authority over the Small Business Administration (SBA) and its programs, as well as provides assistance to and protection of small businesses, including financial aid and the participation of small business enterprises in federal procurement and government contracts.
The table below lists the tenure of when each member was selected for their current term as committee lead. The Republican party rules stipulate that their leads of standing committees may serve no more than three congressional terms (two years each) as chair or ranking member unless the full party conference grants them a waiver to do so. [51]
Ranking Member: Education and the Workforce: 15 Nydia Velázquez: D New York 7: Ranking Member: Small Business: 16 Bennie Thompson: D Mississippi 2: April 13, 1993 Ranking Member: Homeland Security: 17 Frank Lucas: R Oklahoma 3: May 10, 1994 18 Lloyd Doggett: D Texas 37: January 3, 1995 19 Zoe Lofgren: D California 18: Ranking Member: Science ...
In United States politics, a ranking member is the most senior member of a congressional or state legislative committee from the minority party. [1] On many committees the ranking minority member, along with the Chair , serve as ex officio members of all of the committee's subcommittees.
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From the subcommittee website: This Subcommittee will assess the federal procurement system, including those programs designed specifically to enhance participation by small businesses in providing goods and services to the federal government.