Biden swears in new head of small business agency

Question of the Day

Is it still considered bad form to talk politics during a social gathering?

View results

WASHINGTON (AP) - Vice President Joe Biden has sworn in Maria Contreras-Sweet as the new head of the Small Business Administration.

President Barack Obama also attended part of the ceremony on the White House campus. He says Contreras-Sweet knows the challenges businesses face first-hand and has a track record in helping them.

Contreras-Sweet says entrepreneurs are the difference-makers in the U.S. economy and that SBA plays a pivotal role in helping them overcome hurdles.

The Senate easily approved Contreras-Sweet last month on a voice vote. The Mexican-born Contreras-Sweet immigrated to the U.S. when she was five years old, and founded a Latino-owned bank in Los Angeles.

Biden says Contreras-Sweet is living proof that anything can happen in America. He says the Hispanic business community is “absolutely central” to economic growth in the U.S.

Copyright 2014 The Associated Press. All rights reserved. This material may not be published, broadcast, rewritten or redistributed.

Comments
blog comments powered by Disqus
TWT Video Picks