Small Business Administration Gets Acting Administrator

Date: February 19, 2014

Confirmation of Permanent Administrator Is Still Weeks Away

Last week, the Obama Administration tapped
Marianne Markowitz as the acting administrator of the SBA. She had previously
been the regional administrator for the Midwest bureau for the SBA. She is the
agency’s third head in six months. Still, she is just holding down the post,
pending Senate approval of Californian Maria Contreras-Sweet, the President’s
nominee to head the agency on a permanent basis. While the Senate held a
confirmation hearing for Contreras-Sweet last Wednesday, it will be at a
minimum several weeks before her confirmation clears the upper chamber.

What’s Next:

The Senate is expected to
confirm Contreras-Sweet shortly after it returns from its February break later
this month. However, the timing of the initial committee vote is not year
clear. Due to a shuffle of Senate committee heads, Louisiana Sen. Mary Landrieu
(D) has passed the gavel of the Small Business Committee to Washington Sen.
Patty Murray (D), and that may cause additional delay.

Further Reading:

Bloomberg BusinessWeek and the Washington Post both provide coverage of last
week’s confirmation hearing, while a separate Washington Post piece focuses on Markowitz.

This news article is intended to keep small business owners apprised of current events that may affect them. It does not necessarily reflect NFIB’s policy position on such issues.

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