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President Obama Nominates California Banker To Head SBA

 
President Obama Nominates California Banker To Head SBA
Posted January 15th, 2014 @ 6:27pm by KFBK News

President Obama is nominating California banker Maria Contreras-Sweet to head the Small Business Administration.

"Maria knows how hard it is to get started on a business.  The grueling hours, the stress, the occasional self doubt," he stated.

Contreras-Sweet is the founder and chair of a Latino-owned community bank in Los Angeles.  In a White House event, the President cited ongoing progress in the economic recovery and said small businesses are leading the way.

He said Contreras-Sweet is well-aware how difficult it is to start a small business and achieve success.

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