    [Public Papers of the Presidents of the United States: William J. Clinton (1994, Book II)]
    [September 23, 1994]
    [Page 1599]
    [From the U.S. Government Publishing Office www.gpo.gov]

    Statement on the Nomination of Philip Lader To Be Administrator of the
    Small Business Administration
    September 23, 1994

        I have today announced my intention to nominate Philip Lader as
    Administrator of the Small Business Administration.
        Upon Mr. Lader's confirmation by the Senate, the SBA Administrator
    will hold Cabinet rank and serve as a member of my Cabinet.
        The elevation of the SBA Administrator to Cabinet status reflects my
    firm commitment to address the interests and concerns of the Nation's
    small business community. By sitting as a member of the Cabinet, the SBA
    Administrator can ensure that the views of our small business community
    are expressed and heard in the most senior levels of Government.
        Small business is the backbone of our economy and the driving force
    behind economic growth. We have already taken major strides in making
    the SBA an effective agency for enhancing the strength of our Nation's
    small businesses. In giving the Administrator Cabinet status, we will
    accelerate that progress.