TribLIVE

| Business


 
Larger text Larger text Smaller text Smaller text | Order Photo Reprints

SBA head Mills, leader in difficult times, to depart

On the Grid

From the shale fields to the cooling towers, Trib Total Media covers the energy industry in Western Pennsylvania and beyond. For the latest news and views on gas, coal, electricity and more, check out On the Grid today.

Daily Photo Galleries

By The Associated Press
Tuesday, Feb. 12, 2013, 12:01 a.m.
 

Karen Mills, head of the Small Business Administration as it focused on helping companies recover from the Great Recession, is stepping down.

Under her leadership, the SBA brought more than 1,000 community banks to its lending programs and it won a commitment from 13 big banks to increase their lending to small businesses over three years. The agency regained its status as a Cabinet-level agency with Mills at the helm — a status it had lost during the Bush administration.

Mills says she will remain in her position until a successor is appointed by President Obama. She joins a number of officials to leave the administration. Many depart after a president's first term.

 

 
 


Show commenting policy

Most-Read Stories

  1. FDA rule to require chain restaurants to post calorie counts
  2. No. 15 San Diego State hammers Pitt, 74-57
  3. DUI checkpoints take on dangerous drivers
  4. Mon Valley preparing for Small Business Saturday
  5. Roundup: Mazda recalls cars to fix tire pressure monitors; Wal-Mart’s top merchant out as key holiday nears; more
  6. Steelers’ lookahead: New Orleans Saints
  7. Steelers cornerback Taylor ready to swap earpiece for helmet
  8. Ehrhoff finding his way with Penguins
  9. Rostraver business site ordered to close
  10. Retailers that won’t open on Thanksgiving hope move pays off
  11. Lower gasoline prices fail to spur consumer spending
Subscribe today! Click here for our subscription offers.