Obama Administration Loses Yet Another Woman

Karen Mills led Small Business Administration since 2009
By Mark Russell,  Newser Staff
Posted Feb 11, 2013 11:29 AM CST
Obama Administration Loses Yet Another Woman
Small Business Administrator Karen Mills addresses the Democratic National Convention in Charlotte, N.C., on Wednesday, Sept. 5, 2012.   (AP Photo/J. Scott Applewhite)

The Obama administration is losing yet another Cabinet-level woman. Karen Mills, the head of the Small Business Administration, announced today that she'll be leaving the post she has held since 2009, reports Politico. The president issued a statement thanking Mills for cutting through red tape and making life easier for small businesses. "She has played a leading role in my administration's efforts to support start-ups and entrepreneurs," he said.

"Over the last four years, SBA supported more than $106 billion in lending to more than 193,000 small businesses and entrepreneurs," Mills wrote of her tenure. USA Today reports that she won't exit until a replacement has been confirmed. Obama elevated the SBA to a Cabinet-level agency last year, notes the Hill. (Read more Karen Mills stories.)

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