SBA Nominee Gets Warm Welcome In Senate

Law360, New York (February 12, 2014, 6:55 PM EST) -- The Senate Committee on Small Business and Entrepreneurship warmly welcomed Maria Contreras-Sweet, Obama's choice for new leader of the Small Business Administration, during her confirmation hearing Wednesday, praising her management experience and extensive knowledge of government programs aimed at helping small businesses gain access to loans and federal contracts.

Contreras-Sweet founded Promerica Bank, which began as a small business bank focused on helping small and midsize Latino-owned businesses get loans, and she also has experience running a government agency, heading the California Business, Transportation and Housing...
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