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

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

The Senate Small Business and Entrepreneurship Committee on Wednesday voted to advance President TrumpDonald John TrumpTrump says his advice to impeachment defense team is 'just be honest' Trump expands tariffs on steel and aluminum imports CNN's Axelrod says impeachment didn't come up until 80 minutes into focus group 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 MarkeyHillicon Valley — Presented by Philip Morris International — Bezos phone breach raises fears over Saudi hacking | Amazon seeks to halt Microsoft's work on 'war cloud' | Lawmakers unveil surveillance reform bill Twitter tells facial-recognition app maker to stop collecting its data Democratic senator presses facial recognition company after reports of law enforcement collaboration MORE (D-Mass.) and Cory BookerCory Anthony BookerBlack caucus in Nevada: 'Notion that Biden has all of black vote is not true' The Hill's 12:30 Report: House managers to begin opening arguments on day two Patrick backs reparations in unveiling 'Equity Agenda for Black Americans' 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.

ADVERTISEMENT

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 McMahonSenate confirms Trump pick for small business chief On The Money: Senate chairman opposes cannabis banking bill | Panel advances Trump pick for Small Business Administration | Judge tosses NY state fraud charges against Manafort Senate panel advances Trump's nominee to lead Small Business Administration 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 RubioCommerce Department withdraws Huawei rule after Pentagon pushback: reports  Veronica Escobar to give Spanish-language response to Trump State of the Union address Senators press DHS over visa approval for Pensacola naval base shooter 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 CardinTensions between McConnell and Schumer run high as trial gains momentum New Parnas evidence escalates impeachment witnesses fight Pressure building on Pelosi over articles of impeachment 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.”