Financial News
Readout of Historic Latino Cabinet Member Panel
WASHINGTON, Sept. 22, 2023 (GLOBE NEWSWIRE) -- On Wednesday, September 20, U.S. Small Business Administrator Isabella Casillas Guzman joined Secretary of the Department of Health and Human Services Xavier Becerra, Secretary of the Department of Education Miguel A. Cardona, and Secretary of the Department of Homeland Security Alejandro Mayorkas for a fireside chat at the Congressional Hispanic Caucus Institute (CHCI) Leadership Conference in Washington, DC. The event, in honor of National Hispanic Heritage Month, marked the first time all four Latino members of President Biden’s cabinet took the stage together for a public event.
During the fireside chat, moderator Ana Cabrera discussed with the Cabinet members the importance of Latino representation in President Biden’s Cabinet and their work in the Biden-Harris Administration to uplift the Hispanic community through the Investing in America agenda. Administrator Guzman discussed how the SBA is working to advance equity across the small business landscape, including by increasing access to capital, government contracting, grants, and other programs and resources for small business owners.
The panel also highlighted how Bidenomics has delivered for the Latino community, including achieving the lowest Latino unemployment rate on record and the fastest creation of Hispanic-owned businesses in more than a decade. Administrator Guzman also underscored Latino’s immense impact on our economy, with more than five million Latino-owned small businesses that currently contribute $800 billion to our economy.
For follow-up interview requests for Administrator Guzman, please contact Rebecca Galanti at rebecca.galanti@sba.gov.
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About the U.S. Small Business Administration
The U.S. Small Business Administration helps power the American dream of business ownership. As the only go-to resource and voice for small businesses backed by the strength of the federal government, the SBA empowers entrepreneurs and small business owners with the resources and support they need to start, grow, or expand their businesses, or recover from a declared disaster. It delivers services through an extensive network of SBA field offices and partnerships with public and private organizations. To learn more, visit www.sba.gov.
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Christine Saah Nazer U.S. Small Business Administration Christine.saahnazer@sba.gov
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