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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 John TrumpGiuliani goes off on Fox Business host after she compares him to Christopher Steele Trump looks to shore up support in Nebraska NYT: Trump had 7 million in debt mostly tied to Chicago project forgiven 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 MarkeyEdward (Ed) John MarkeyBitter fight over Barrett fuels calls to nix filibuster, expand court FCC reaffirms order rolling back net neutrality regulations Markey rips GOP for support of Amy Coney Barrett: Originalism 'just a fancy word for discrimination' MORE (D-Mass.) and Cory BookerCory Anthony BookerDemocratic senators unveil bill to ban discrimination in financial services industry Obama endorses Espy in Mississippi Senate race Durbin says he will run for No. 2 spot if Dems win Senate majority 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 McMahonApril's dumbest and most dangerous coronavirus declarations Trump convenes sports commissioners in hopes of filling stadiums Senate confirms Trump pick for small business chief 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 RubioSenate GOP to drop documentary series days before election hitting China, Democrats over coronavirus Bipartisan group of senators call on Trump to sanction Russia over Navalny poisoning Trump's new interest in water resources — why now? 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 CardinBipartisan group of senators call on Trump to sanction Russia over Navalny poisoning Pelosi hopeful COVID-19 relief talks resume 'soon' Congress must finish work on popular conservation bill before time runs out 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.”