Senate confirms Isabel Guzman to lead Small Business Administration

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The Senate has confirmed Isabel Guzman to lead the Small Business Administration, giving her a key role in implementing the Biden administration's $1.9 trillion Covid relief bill

The new SBA administrator will oversee the Paycheck Protection Program, the over $687 billion loan initiative that has helped millions of companies but also been ripe for"fraud, waste, and abuse," according to a House Democratic investigation last year.Guzman, California's former Small Business Advocate, also served as deputy chief of staff during the Obama administration. Her nomination was supported by the US Chamber of Commerce and other business groups. .

Senate Majority Leader Chuck Schumer praised Guzman and her family background of small business owners. "I have every confidence that under Ms. Guzman's leadership, the SBA will help small business owners hold onto their dreams until our economy comes roaring back," said Schumer.Read MoreOf the 23 Cabinet-level positions requiring Senate consideration, 18 have now been confirmed.

 

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81-17... damn 😳

Small pandemic business planning people swinging brain

good luck

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