INSIDER
In blow to Biden, Mexico president to skip Americas Summit
Read full article: In blow to Biden, Mexico president to skip Americas SummitMexican President Andrés Manuel López Obrador has confirmed that he will not attend the Summit of the Americas in Los Angeles this week, dealing a blow to the event hosted by U.S. President Joe Biden.
Biden scrambles to avoid Americas Summit flop in Los Angeles
Read full article: Biden scrambles to avoid Americas Summit flop in Los AngelesWhen leaders gather this week in Los Angeles at the Summit of the Americas, the focus is likely to veer from policy issues like migration, climate change and inflation and instead shift to something Hollywood thrives on: the drama of the red carpet.
In Pennsylvania, Biden showcases aid to small businesses
Read full article: In Pennsylvania, Biden showcases aid to small businessesSalazar, a small business owner for 30 years, told Harris that help from the Small Business Administration has "kept me afloat but more is needed.”In Pennsylvania, meanwhile, Smith Flooring had 23 employees during peak times but currently is employing 12 workers. In Washington, the Senate confirmed Isabel Guzman, Biden’s pick to lead the Small Business Administration on Tuesday. It’s a sharp turn from the start of the Biden administration, when vaccination goals were relatively modest and Americans were warned the country might not return to normal until Christmas. AdThe Biden administration estimates that 400,000 small businesses have closed because of the pandemic and millions more are barely surviving. It recently qualified for a federal Paycheck Protection Program loan during a two-week window in which the Biden administration focused the program exclusively on helping businesses with 20 or fewer employees.
Senate confirms Isabel Guzman to lead small biz agency
Read full article: Senate confirms Isabel Guzman to lead small biz agency(AP Photo/Alex Brandon)WASHINGTON – The Senate on Tuesday overwhelmingly approved President Joe Biden's pick to oversee the Small Business Administration, an agency that has seen its portfolio expand in response to the coronavirus pandemic. Guzman is a former Obama administration SBA official who currently heads California’s Office of the Small Business Advocate. In that role, she oversaw efforts to help that state’s small businesses survive the pandemic. The Small Business Administration oversees loan programs to help businesses recover from natural disasters, enhances access to capital through loan guarantees and provides training and technical assistance. Guzman said she would work to ensure money gets into the hands of the small businesses hurt the most by the pandemic and the economic crisis through no fault of their own.