The Senate voted 88-5 Tuesday to confirm Jovita Carranza, treasurer at the Department of the Treasury, as the new head of the Small Business Administration, The Hill reported Tuesday. Carranza was nominated for the role in April 2019 after Linda McMahon left the post. Chris Pilkerton took over as interim SBA administrator.
In her confirmation hearing in December, Carranza said she “will be a tireless advocate in the Cabinet for small businesses” and focus on providing more opportunities for entrepreneurs in underserved communities and women if confirmed.
Carranza has been serving as U.S. treasurer since 2017. She serves as adviser to Treasury Secretary Steven Mnuchin and works on opportunity zones program and financial literacy issues. She previously worked at United Parcel Service and served as a deputy administrator at SBA from 2006 to 2009.