Wall Street Journal; By Raymund Flandez
The Senate Committee on Small Business and Entrepreneurship unanimously confirmed Karen Gordon Mills, a venture capitalist and Tootsie Roll heiress, as the administrator of the Small Business Administration last night. The full Senate is expected to swiftly confirm President Obama’s nominee for the SBA post, as soon as today.
“Karen Mills is the right person to lead the Small Business Administration during these tough economic times,” says Mary Landrieu, D-La., the Senate Small Business Committee Chair, in a statement before the confirmation vote. “After suffering enormous budget cuts and being relegated to obscurity during the previous administration, the SBA needs a strong leader who will fight for small businesses throughout the nation. Ms. Mills has an outstanding record both in growing new businesses and in her community.”
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