Politics | Karen Mills Obama Administration Loses Yet Another Woman Karen Mills led Small Business Administration since 2009 By Mark Russell Posted Feb 11, 2013 11:29 AM CST Copied Small Business Administrator Karen Mills addresses the Democratic National Convention in Charlotte, N.C., on Wednesday, Sept. 5, 2012. (AP Photo/J. Scott Applewhite) The Obama administration is losing yet another Cabinet-level woman. Karen Mills, the head of the Small Business Administration, announced today that she'll be leaving the post she has held since 2009, reports Politico. The president issued a statement thanking Mills for cutting through red tape and making life easier for small businesses. "She has played a leading role in my administration's efforts to support start-ups and entrepreneurs," he said. "Over the last four years, SBA supported more than $106 billion in lending to more than 193,000 small businesses and entrepreneurs," Mills wrote of her tenure. USA Today reports that she won't exit until a replacement has been confirmed. Obama elevated the SBA to a Cabinet-level agency last year, notes the Hill. Read These Next Gavin Newsom has filed a massive lawsuit against Fox News. Actor Sam Rockwell gets residuals from movie he wasn't in. New York Times ranks the best movies of the 21st century. Supreme Court gives Trump big win on national injunctions. Report an error