    [Public Papers of the Presidents of the United States: William J. Clinton (1994, Book II)]
    [September 23, 1994]
    [Page 1600]
    [From the U.S. Government Publishing Office www.gpo.gov]

    [[Page 1600]]

    Nomination for the Small Business Administration
    September 23, 1994

        The President today announced his intention to nominate Philip Lader
    as Administrator of the Small Business Administration. He also announced
    that he would make the SBA Administrator a member of his Cabinet,
    effective when Mr. Lader takes office. The SBA Administrator is also a
    member of the National Economic Council.
        ``Phil is a great manager and motivator, and he knows business,''
    the President said. ``His extensive private sector experience as well as
    his work at OMB and in the White House make him an ideal candidate to
    head the SBA. Erskine Bowles turned SBA around after years of neglect.
    Phil is going to make it even better.''
        ``I think it's well known how much I respect Phil Lader. My
    selection of Erskine Bowles and now Phil Lader for this job reflects my
    firm commitment to a strong SBA. This appointment and the elevation of
    the SBA Administrator to Cabinet status reflect my equally firm
    commitment to address the interests and concerns of our Nation's small
    business community.''

    Note: A biography of the nominee was made available by the Office of the
    Press Secretary.