SBA head Mills to leave Obama administrationFebruary 11, 2013 @ 1:29 pm
WASHINGTON (AP) - Karen Mills is leaving her post as head of the Small Business Administration, opening yet another Cabinet-rank job for President Barack Obama to fill at the start of his second term. Obama says Mills played a leading role supporting start-up businesses and entrepreneurs.
Mills has served as SBA administrator since 2009.
The SBA arranges loans, loan guarantees and other assistance to small businesses. Most recently, the SBA stepped in to assist businesses hurt by Superstorm Sandy, approving more than $1.1 billion in disaster loans to residents and businesses in states affected by the storm.
Mills is the latest executive branch official to leave during the traditional turnover at the beginning of a second term.
In a statement Monday, Obama credited Mills with helping businesses recover from the damaging recession.
(Copyright 2013 The Associated Press. All rights reserved. This material may not be published, broadcast, rewritten or redistributed.)
You might see a dusting of snow, but the days of scraping the ice off your windshield are over
Stuck Under Seattle
Big Bertha has hit something along the waterfront that she can't drill through
The Holiday Map
Find Santa photos, tree farms, lights & seasonal events with our holiday map
Please login below with your Facebook, Twitter, Google+ or Disqus account. Existing MyNorthwest account holders will need to create a new Disqus account or use one of the social logins provided below. Thank you.