NEWS FLASH

Obama Elevates Small Business Administration To Cabinet-Level Position | President Obama announced today that he will elevate the U.S. Small Business Administration to a cabinet-level position in an effort to boost small businesses and streamline the government. The move is part of Obama’s effort to combine combine six government offices into a single, streamlined agency. The SBA promotion is effective immediately, as Obama used his executive authority to make the change, while the larger effort will need approval from Congress.