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Steven C Preston

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NATIONAL
April 19, 2008 | James Gerstenzang, Times Staff Writer
President Bush said Friday he would nominate Steven C. Preston, the head of the Small Business Administration, to take over the Department of Housing and Urban Development at a time when the housing industry is in turmoil. If confirmed by the Senate, Preston would replace Alphonso Jackson, who announced his resignation March 31 amid a criminal investigation into allegations of favoritism in awarding contracts.
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NATIONAL
April 19, 2008 | James Gerstenzang, Times Staff Writer
President Bush said Friday he would nominate Steven C. Preston, the head of the Small Business Administration, to take over the Department of Housing and Urban Development at a time when the housing industry is in turmoil. If confirmed by the Senate, Preston would replace Alphonso Jackson, who announced his resignation March 31 amid a criminal investigation into allegations of favoritism in awarding contracts.
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BUSINESS
April 26, 2006 | Michelle Keller, Times Staff Writer
The head of the Small Business Administration resigned Tuesday to become the national chairman of a Washington-based Latino advocacy group. Hector V. Barreto, who was tapped in 2001 by President Bush to be administrator of the agency and confirmed by the Senate that July, said he was stepping down after serving the second-longest tenure in the 53-year history of the agency.
BUSINESS
February 14, 2007 | Cyndia Zwahlen, Special to The Times
Steven C. Preston took the reins of the Small Business Administration in July with a promise to overhaul the agency's operations. The former ServiceMaster Co. executive last week unveiled his first budget proposal, which includes a revamp of the disaster-loan process and some tinkering with the agency's popular small-business loan programs.
BUSINESS
March 28, 2007 | Cyndia Zwahlen, Special to The Times
The Small Business Administration is cracking down on the not-so-small. Starting this summer, small businesses with federal contracts will -- for the first time -- have to alert the government whenever they are acquired, merged or buy a company if they want a share of the $80 billion in annual federal procurement money awarded to small firms.
BUSINESS
January 17, 2007 | Cyndia Zwahlen, Special to The Times
What a difference a day makes. When voters gave control of Congress to the Democrats on election day in November, the balance of power shifted in the almost four dozen committees on which members do the nitty-gritty work of legislating. The new chairwoman of the House Small Business Committee is Nydia M. Velazquez (D-N.Y.), a 14-year member of the panel who was sworn in to lead it this month. She has wasted little time in making her mark.
BUSINESS
June 20, 2007 | Cyndia Zwahlen, Special to The Times
The Small Business Administration is launching a loan program for the military community that promises faster and cheaper access to money. The discounted Patriot Express loan, which will be available June 28, marries the faster processing time of the SBA's existing express loan program with the lower interest rates and higher guarantees of its traditional loans. The limit on the new loan is $500,000.
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