Los Angeles Times

Small-business nominee gets nod

In an 81-17 vote, the Senate approves Isabel Guzman for Biden’s Cabinet.

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WASHINGTON — The Senate on Tuesday overwhelmi­ngly approved President Biden’s pick to oversee the Small Business Administra­tion, an agency that has seen its portfolio expand in response to the COVID-19 pandemic.

The vote to confirm Isabel Guzman was 81 to 17. She is the 18th member of Biden’s Cabinet to win Senate confirmati­on.

Guzman is a former Obama administra­tion SBA official who has headed California’s Office of the Small Business Advocate. In that role, she oversaw efforts to help the state’s small businesses survive the pandemic.

“I am confident that I can hit the ground running,” Guzman told senators in her confirmati­on hearing.

The Small Business Administra­tion oversees loan programs to help businesses recover from natural disasters, enhances access to capital through loan guarantees and provides training and technical assistance. Guzman said she would work to ensure money gets into the hands of the small businesses hurt the most by the pandemic and the economic crisis through no fault of their own.

“I have every confidence that under Ms. Guzman’s leadership, the SBA will help small-business owners hold on to their dreams until our economy comes roaring back,” said Senate Majority Leader Charles E. Schumer (D-N.Y.).

Schumer noted that pandemic relief programs overseen by the Small Business Administra­tion will dole out more than $1 trillion to the nation’s small businesses, nonprofits and religious institutio­ns. The largest chunk of that funding will come through the Paycheck Protection Program.

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