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Senate panel advances Trump's nominee to lead Small Business Administration

Senate panel advances Trump's nominee to lead Small Business Administration
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The Senate Small Business and Entrepreneurship Committee on Wednesday voted to advance President TrumpDonald TrumpWarren says Republican party 'eating itself and it is discovering that the meal is poisonous' More than 75 Asian, LGBTQ groups oppose anti-Asian crime bill McConnell says he's 'great admirer' of Liz Cheney but mum on her removal MORE's nominee to lead the Small Business Administration (SBA).

The panel voted to approve Jovita Carranza's nomination in a bipartisan vote of 17-2. The only no votes were Sens. Ed MarkeyEd MarkeySenators ask airlines to offer cash refunds for unused flight credits Civilian Climate Corps can help stem rural-urban divide Senate votes to nix Trump rule limiting methane regulation MORE (D-Mass.) and Cory BookerCory BookerPolice reform talks hit familiar stumbling block Almost 20 advocacy groups team up to pressure Congress to pass health care bill for immigrants Biden adds pressure to congressional talks with self-imposed deadlines MORE (D-N.J.).

Carranza is currently the treasurer of the United States, a position in the Treasury Department that involves overseeing the department's Office of Consumer Policy and the U.S. Mint. She had served as deputy administrator of the SBA during former President George W. Bush's administration.

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During her confirmation hearing earlier this month, Carranza said that if she's confirmed, she plans to "put particular emphasis on opening more doors for women and for entrepreneurs in underserved communities, including military families and veterans." She also said that she plans to prioritize disaster preparedness.

Trump's first SBA administrator, Linda McMahonLinda Marie McMahonTomorrow's special election in Texas is the Democrats' best House hope in 2021 April's dumbest and most dangerous coronavirus declarations Trump convenes sports commissioners in hopes of filling stadiums MORE, stepped down earlier this year to take a job with a political group supporting the president's reelection campaign. The SBA is currently being led by acting Administrator Chris Pilkerton.

The leaders of the Small Business and Entrepreneurship Committee were positive about the vote.

“I congratulate Ms. Carranza on being favorably reported to the Senate floor," Committee Chairman Marco RubioMarco Antonio RubioThe Hill's Morning Report - Presented by Facebook - Cheney poised to be ousted; Biden to host big meeting Senate votes to repeal OCC 'true lender' rule Democrats cool on Crist's latest bid for Florida governor MORE (R-Fla.) said in a statement. "If confirmed, I look forward to working collaboratively with her to modernize the SBA, optimize the agency’s programs, and increase interagency coordination."

The top Democrat on the committee, Sen. Ben CardinBenjamin (Ben) Louis CardinHouse panel advances bipartisan retirement savings bill Senate passes bipartisan B water infrastructure bill Senate Democrats push Biden over raising refugee cap MORE (Md.), said that he looks forward "to working with Treasurer Carranza to empower America’s entrepreneurs so they can build successful businesses and create jobs.”