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  • Multiple Royce Wins Included in Economic Regulatory Relief Bill
    Posted in Press Releases on May 22, 2018 | Preview rr
    Tags: Financial Services, Small Business, Jobs and the Economy

    WASHINGTON, D.C. — Today, by a vote of 258 to 159, the House passed a bipartisan economic regulatory relief package which incorporated three provisions authored by U.S. Representative Ed Royce (R-CA). The Royce provisions are aimed at increasing lending for small businesses, empowering under-banked consumers to access the mortgage market, and improving access to capital for companies looking to go public and hire more workers. Following passage of S. 2155, the Economic Growth, Regulatory Relief,... Read more

  • Local Business Spotlight: Lee Salas - Owner Operator - Massage Envy, Diamond Bar, California
    Posted in Columns and Opinions on October 18, 2017 | Preview rr
    Tags: Tax Relief, Small Business, Jobs and the Economy

    Many of the challenges that we face as a nation can be solved with a strong economy and a thriving job market. When local businesses and entrepreneurs succeed, it positively impacts our entire community. As a new tax reform plan was unveiled last month, I will be continuing a new feature called “Local Business Spotlight.” Every business has a story to tell and I think they deserve to be heard. *** I’d like you to meet Lee Salas (second from the right in the picture above), owner and operator of... Read more

  • Reps. Royce and Pocan Launch Bipartisan Congressional Cooperative Business Caucus
    Posted in Press Releases on January 30, 2017 | Preview rr
    Tags: Small Business

    U.S. Representatives Ed Royce (R-Calif.) and Mark Pocan (D-Wisc.) have founded the Congressional Cooperative Business Caucus, a bipartisan initiative to promote the cooperative business model as a method of commerce that they will co-chair during the 115th Congress. "Cooperative businesses provide valuable goods and services, build wealth in local communities, and offer their members a piece of their success,” said Rep. Royce. “As a longtime advocate of cooperative businesses, from California’s ... Read more

  • Bipartisan Legislation Introduced to Free Up Credit Union Lending
    Posted in Press Releases on January 10, 2017 | Preview rr
    Tags: Small Business

    Today, U.S. Representatives Ed Royce (R-Calif.), Jared Huffman (D-Calif.), Don Young (R-Alaska), and Peter DeFazio (D-Ore.) introduced H.R. 389, the Credit Union Residential Loan Parity Act. The bill ensures that loans to finance the purchase of small apartment buildings from both credit unions and banks are considered residential real estate loans: "The Credit Union Residential Loan Parity Act unleashes billions of dollars of capital for small businesses at no cost to taxpayers and drives local... Read more

  • Royce Supports Easing Access to Capital for Start-Ups
    Posted in Press Releases on September 8, 2016 | Preview rr
    Tags: Financial Services, Small Business

    U.S. Representative Ed Royce (R-Calif.), a senior member of the House Financial Services Committee, spoke on the House Floor in support of legislation to reduce compliance costs for small firms seeking capital. The Micro Offering Safe Harbor Act (H.R. 4850), cosponsored by Rep. Royce, reduces the barrier for market entry to firms seeking an investment of less than $500,000 from a small group of investors. “California is the innovation capital of the world. From Silicon Valley to Orange County, t... Read more

  • Rep. Royce Office Hosts "Coffee and Grants" Sessions
    Posted in Press Releases on December 9, 2014 | Preview rr
    Tags: Small Business

    The office of U.S. Representative Ed Royce (R-Fullerton) will be hosting several events to educate the residents, business owners, and nonprofits of California's 39th Congressional District on pursuing a grant from the federal government. These sessions are open to the public and attendees can RSVP here. Details of the events are as follows: What: Coffee and Grants - informational sessions on pursuing grants from the federal government. Who: The office of U.S. Representative Ed Royce (R-Fullerto... Read more

  • Rep. Royce Votes to Pass Job Creation Packages
    Posted in Press Releases on September 18, 2014 | Preview rr
    Tags: Tax Relief, Small Business

    U.S. Representative Ed Royce (R-Fullerton) released the following statement after voting for two large legislative packages aimed at boosting job creation, the Jobs for America Act (H.R. 4) and the American Energy Solutions for Lower Costs and More American Jobs Act (H.R. 2), which both passed the U.S. House of Representatives today: "America is facing a historically low labor participation rate, and many workers who are seeking full-time work are only getting part-time jobs. This tepid economic... Read more

  • Rep. Royce Honored as "Guardian of Small Business" by NFIB
    Posted in Press Releases on September 17, 2014 | Preview rr
    Tags: Small Business

    The National Federation of Independent Business (NFIB), the nation’s leading small business association, today named U.S. Representative Ed Royce (R-Fullerton) a “Guardian of Small Business” for his voting record on behalf of America’s small business owners: “The record shows that Representative Royce is a true champion of small business, supporting the votes that matter in the 113th Congress,” said NFIB President and CEO Dan Danner. “This award reflects our members’ appreciation for supporting ... Read more

  • California Heat Soars, House's Comprehensive Drought Solution Languishes
    Posted in Press Releases on July 22, 2014 | Preview rr
    Tags: Small Business, Jobs and the Economy

    U.S. Representative Ed Royce (R-Fullerton) released the following statement in light of the National Weather Service's declaration that the first six months of 2014 were the hottest on record in the state of California: “As Californians suffer under extreme drought conditions, it's unfathomable that vital water supplies are routed to the ocean instead of farms and homes. Crops are dying, food prices are climbing, and the economic activity that California so desperately needs is being stunted, al... Read more

  • Royce on the Costs of Rising Regulations
    Posted in Press Releases on May 9, 2012 | Preview rr
    Tags: Financial Services, Small Business

    Rep. Ed Royce (R-CA), a senior member of the House Financial Services Committee, highlighted the costs of rising regulations during today’s hearing to examine the impact that growing federal regulations have on smaller institutions and the overall economy. Read more

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