WASHINGTON -- Today Senator John Kerry (D-Mass.), Chairman of the Committee on Small Business and Entrepreneurship, issued the following statement on the expected nomination of Sandy Baruah, Assistant Secretary of Commerce for Economic Development, for head of the Small Business Administration (SBA).

“The SBA needs strong leadership to fill the shoes left by Steven Preston, and we’ll review Sandy Baruah’s record carefully to make sure that he is the right person for the job,” said Senator Kerry. “For seven years the Bush Administration has put Wall Street ahead of Main Street, and denied the SBA the funding and staff needed to serve our small businesses. The next administrator at the SBA must be ready to offer creative solutions for the current credit crunch, implement programs that will actually help women and minorities gain access to federal contracts and loans, and make sure that small firms have access to counseling and training to grow their businesses in this tough economic climate.”