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NEWS ABOUT: Small Business Administration

Obama Wants Power to Merge 6 Trade Agencies

Move aims to cut down on government bureaucracy

(Newser) - President Obama will today announce a plan to mash together six federal agencies—including the Commerce Department—in an effort to simplify the government's sprawling regulatory bureaucracy. Obama can't actually make the move without Congressional approval, however, so he intends to ask Congress for a special reorganizational power—... More »

Bush Tabs 'Problem Solver' to Head HUD

New secretary must face the housing market's troubles

(Newser) - With the housing market in turmoil, President Bush is turning to an investment banker-turned-bureaucrat to head HUD, the Washington Post reports. Steven Preston, 47, has run the Small Business Administration since 2006 after a stint at Lehman Brothers; he succeeds Alphonso Jackson, who announced his resignation 2 weeks ago amid... More »

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