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Obama Small Business.JPEG-07628.jpg

President Barack Obama announces he will nominate Maria Contreras-Sweet, founder and board chairman of a Latino-owned community bank in Los Angeles, to head the Small Business Administration (SBA), Wednesday, Jan. 15, 2014, in the South Court Auditorium of the Eisenhower Executive Office Building on the White House complex in Washington. (AP Photo/Jacquelyn Martin)

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Obama Small Business.JPEG-0a070.jpg

Maria Contreras-Sweet, founder and board chairman of a Latino-owned community bank in Los Angeles, accompanied by President Barack Obama, waves as they enter the South Court Auditorium of the Eisenhower Executive Office Building on the White House complex in Washington, Wednesday, Jan. 15, 2014, where the president announced he would nominate Contreras-Sweet to head the Small Business Administration (SBA) . (AP Photo/Jacquelyn Martin)

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FILE - In this Dec. 20, 2013 file photo, President Barack Obama speaks during an end-of-the year news conference in the Brady Press Briefing Room at the White House in Washington. Obama is expected to endorse changes to the way the government collects millions of Americans’ phone records for possible future surveillance, but leave many of the specific reforms for Congress to sort out, according to three U.S. officials familiar with the White House intelligence review. (AP Photo/Pablo Martinez Monsivais, File)

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Obama NSA Surveillance.JPEG-05ac8.jpg

** FILE ** In this Dec. 20, 2013, file photo, President Barack Obama speaks during an end-of-the year news conference in the Brady Press Briefing Room at the White House in Washington. (AP Photo/Pablo Martinez Monsivais, File)

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Miami Heat basketball player Chris Bosh holds a signed basketball for President Barack Obama during an event in the East Room of the White House in Washington, Tuesday, Jan. 14, 2014, where the president honored the 2013 NBA Champion basketball team. (AP Photo/Jacquelyn Martin)

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President Barack Obama, left, partially obscured, speaks with actress Gabrielle Union, fiance of Miami Heat basketball player Dwyane Wade, in the East Room of the White House in Washington, Tuesday, Jan. 14, 2014, after an event where the president honored the Miami Heat 2013 NBA Champion basketball team. (AP Photo/Jacquelyn Martin)