TribLIVE

| Business


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

SBA head Mills, leader in difficult times, to depart

Email Newsletters

Click here to sign up for one of our email newsletters.

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.

Subscribe today! Click here for our subscription offers.

 

 


Show commenting policy

Most-Read Stories

  1. Ex-teammates say Kessel unfairly criticized
  2. New Penguin Kessel’s shot is what makes him special
  3. Pirates notebook: Taillon headed for surgery, Richard traded
  4. Jewish congregations dwindling, forced to mull viability of worship sites
  5. Early turnout strong for Pittsburgh’s Fourth of July festivities
  6. Russian winger Plotnikov could join Penguins in August
  7. Homestead Cemetery records will be preserved
  8. Bethel trio of siblings celebrate 150 years of marriage
  9. Floating homes offer ‘affordable’ option in San Francisco area
  10. Pirates can’t overcome long rain delay, Indians in interleague setback
  11. America’s path to freedom reflected in region’s numerous historic sites