Small Business Administration

Small Business Administration News

  • White House Said to Consider Community Bankers for Fed’s Board

    The White House is considering two community bankers to fill an open seat on the Federal Reserve’s Board of Governors, according to two people with knowledge of the process.

  • Former SBA Chief Says Budget Uncertainty Paralyzing (Audio)

    Hector Barreto, former administrator of the U.S. Small Business Administration, and now Chairman of The Latino Coalition, discusses the 2015 Federal Budget Submission and its effect on small businesses. He says uncertainty in the economy keeps small businesses from investing and hiring, and the perception for a lot of small businesses is that “they don’t have a partner in Washington.” Barreto speaks with Bloomberg’s Kathleen Hays and Vonnie Quinn on Bloomberg Radio’s "The Hays Advantage”.

  • Small Business Administration Faces 45% Funding Decrease in U.S. Proposal

    The U.S. Small Business Administration faces a 45 percent drop in funding under President Barack Obama’s budget request after receiving extra funding in economic stimulus legislation.

  • Most Exciting $700 Tasting Menus in America Made by Too Few Female Chefs

    The taxi speeds past the auto-body shops of Chicago’s North Side and drops me in front of a used- tire store. This is how you get to Elizabeth, a Michelin-starred tasting-menu joint located opposite a McDonald’s.

  • Higher Goal for U.S. Small-Business Contracts Sought

    The chairman of the U.S. House Small Business Committee is proposing to increase, to 25 percent, the goal for awards of eligible federal contracts to small companies.

  • Harvard University Names Chenault, Mills as Board Members

    Harvard University named Kenneth Chenault, chairman and chief executive officer of American Express Co., and former U.S. Small Business Administration head Karen Gordon Mills members of its board.

  • Staten Island Pet-Supply Store Fights to Survive After Sandy

    When Robert Freed walked into Pet Foods Plus, his flooded store on Midland Avenue in Staten Island, two blocks from the Atlantic Ocean, he knew what he smelled immediately: the stench of rotten kibble and cat food, a few tons of it.

  • Former SBA Chief Barreto Lauds President’s SBA Nominee (Audio)

    Hector Barreto, former administrator of the U.S. Small Business Administration, and now Chairman of The Latino Coalition, says President Obama's pick to be the next head of the SBA, Maria Contreras-Sweet, is a pefect candidate for the job. He counts among her many qualifications her track record of successfully starting and running many businesses, including the first Latino-focused bank in Los Angeles. Barreto speaks with Bloomberg's Kathleen Hays and Vonnie Quinn on Bloomberg Radio's "The Hays Advantage."

  • Thrill of Obama Home Visits Fades for Americans Cited at Events

    Patrick Festa says that after President Barack Obama left his Scranton, Pennsylvania, home following a November 2011 visit, things got “a little creepy.”

  • Cameron Vows War on Red Tape as Labour Pitches to Business

    Prime Minister David Cameron will announce a further crackdown on red tape today as he pushes the Conservatives’ claim to be the party most friendly to business in the U.K.

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