Jobs and Economy

WASHINGTON, D.C. – Today, U.S. Senator Jacky Rosen (D-NV), a member of the Senate Committee on Small Business and Entrepreneurship, announced her co-sponsorship of the Secure and Fair Enforcement (SAFE) Banking Act of 2021. The bipartisan bill would allow access to banking services for licensed cannabis businesses operating in states, like Nevada, that have legalized the sale of marijuana.

“A lack of access to banking services has hindered our state’s legally-operating marijuana businesses, as...

WASHINGTON, D.C. – Today, U.S. Senator Jacky Rosen (D-NV), a member of the Senate Committee on Small Business and Entrepreneurship, released the following statement after voting to pass H.R. 1799, the bipartisan PPP Extension Act of 2021, identical companion legislation to a Senate bill Rosen co-sponsored earlier this month to extend the PPP application window through the end of May:

“During this challenging time, countless Nevada businesses have been able to stay afloat thanks to the Paycheck...

Watch Senator Rosen’s full remarks here.

WASHINGTON, D.C. – Today, during an oversight hearing of the Senate Committee on Small Business and Entrepreneurship on the implementation and performance of the U.S. Small Business Administration’s (SBA) COVID-19 relief programs, U.S. Senator Jacky Rosen (D-NV) questioned SBA officials and applauded the SBA’s announcement from earlier in the day that the maximum amount small businesses and non-profit organizations can borrow through its COVID-19...

WASHINGTON, D.C. – Today, U.S. Senator Jacky Rosen (D-NV), a member of the Senate Committee on Small Business and Entrepreneurship, sent a letter to U.S. Small Business Administration (SBA) Administrator Isabel Guzman urging one of her first actions as SBA Administrator to be lifting the prior Administration’s caps on Economic Injury Disaster Loans (EIDL) and EIDL Advance grants.

“A few weeks after passage of the CARES Act, the SBA under the Trump Administration took the unprecedented action of...

WASHINGTON, D.C. – Today, U.S. Senator Jacky Rosen (D-NV), a member of the Senate Committee on Health, Education, Labor and Pensions (HELP), released the following statement applauding the Department of Labor’s announcement of $87.5 million for grants available to states to expand registered apprenticeships across the country. Up to $40 million of those funds in grants will be awarded to states that implement diversity, equity, and inclusion efforts.

“I am thrilled the Department of Labor has...

WASHINGTON, D.C. – Today, U.S. Senator Jacky Rosen (D-NV), a member of the Senate Committee on Small Business and Entrepreneurship, announced her co-sponsorship of the FAST Fix Act, bipartisan legislation to improve underserved states’ ability to successfully compete for Small Business Innovation Research (SBIR) and Small Business Technology Transfer (STTR) awards.

“Nevada small businesses are the engine of our economy and particularly during this period of economic uncertainty, we must do more...

WASHINGTON, D.C. – Today, during a hearing of the Senate Committee on Small Business and Entrepreneurship, U.S. Senator Jacky Rosen (D-NV) questioned Lisa Mensah, President and CEO of Opportunity Finance Network; and John Hoey, President and CEO of The Y in Central Maryland about EIDL support for small businesses during the COVID-19 pandemic, as well as the need for indoor air quality improvements to restore consumer confidence. A transcript of the Senator’s full exchange can be found below, and...

WASHINGTON, D.C. – Today, U.S. Senator Jacky Rosen (D-NV), a member of the Senate Committee on Small Business and Entrepreneurship, announced her co-sponsorship of the PPP Extension Act of 2021. This bipartisan legislation would extend the application window for Paycheck Protection Program (PPP) loans to small businesses through May 31, 2021, and provide an additional 30-day period for the Small Business Administration (SBA) to process applications that are still pending.

“During this...

WASHINGTON, D.C. – Today, U.S. Senator Jacky Rosen (D-NV), a member of the Senate Committee on Health, Education, Labor and Pensions (HELP), released the following statement applauding the Department of Commerce, National Institute of Standards and Technology (NIST) for awarding the University of Nevada, Reno (UNR) a grant totaling $923,893 to continue their Hollings Manufacturing Extension Partnership (MEP) program to support manufacturing businesses and employees in Washoe County, Nevada.

“I...

WASHINGTON, D.C. – Today, U.S. Senator Jacky Rosen (D-NV), a member of the Senate Committee on Health, Education, Labor and Pensions (HELP), released the following statement applauding the Economic Development Administration (EDA) for awarding $300,000 to the Las Vegas Global Economic Alliance. The grant will help the Alliance provide one-on-one outreach and education, marketing, webinars, and critical COVID recovery programming to Southern Nevada employers negatively impacted by COVID-19 as a...