Q: In this task, you are given a text of many news articles seperated by special token "|||||". Your task is to summarize them.
It leaves another vacancy for President Obama's second term. 
  
 President Obama and Small Business Administrator Karen Mills (Photo: Charles Dharapak, AP) Story Highlights SBA head Karen Mills says she'll stay on until successor is confirmed 
  
 Obama praises Mills for helping small business start-ups 
  
 Mills praises employees for getting loans to business people 
  
 The head of the Small Business Administration is stepping down, President Obama said Monday. 
  
 During the past four years, Karen Mills "has made it easier for small businesses to interact with the federal government by reducing paperwork and cutting through red tape," Obama said in a statement. 
  
 In a note to employees, Mills said she would stay on the job until a successor is confirmed. 
  
 Mills said that, after taking over in the midst of a financial crisis, the SBA has gotten needed capital to small business entrepreneurs and reduced paperwork and red tape. 
  
 "Over the last four years, SBA supported more than $106 billion in lending to more than 193,000 small businesses and entrepreneurs," Mills said. 
  
 In his statement, Obama said Mills supervised administration plans to support small business start-ups and helped secure passage of the Small Business Jobs Act. 
  
 "Because of Karen's hard work and dedication, our small businesses are better positioned to create jobs and our entire economy is stronger," Obama said. 
  
 The president elevated the Small Business Administration to Cabinet-level status last year. 
  
 Obama's full statement: 
  
 "I want to thank Administrator Mills for her outstanding work on behalf of America's small business owners and entrepreneurs. 
  
 "I asked Karen to lead the Small Business Administration because I knew she had the skills and experience to help America's small businesses recover from the worst economic crisis in generations -- and that's exactly what she's done. 
  
 "Over the last four years, Karen has made it easier for small businesses to interact with the federal government by reducing paperwork and cutting through red tape. She has played a leading role in my Administration's efforts to support start-ups and entrepreneurs. And she was instrumental in the passage of the Small Business Jobs Act. 
  
 "Because of Karen's hard work and dedication, our small businesses are better positioned to create jobs and our entire economy is stronger. I want to thank Karen and am grateful for her service." ||||| SBA chief Mills to leave Obama's Cabinet 
  
 By Vicki Needham - 
  
 Karen Mills, the head of the Small Business Administration (SBA), on Monday became the latest departure from President Obama's Cabinet. 
  
 “After four years as Administrator of the SBA, I have let President Obama know that I will not be staying for a second term. I will stay on until my successor is confirmed to ensure a smooth and seamless transition,” Mills wrote in a note to SBA staff. 
  
 Mills has served for nearly four years in the administration, and became a member of the Cabinet a little more than a year ago after the president elevated the SBA administrator to his inner circle. 
  
 Obama credited Mills for her efforts to support start-ups and entrepreneurs and in seeing through the passage of the Small Business Jobs Act. 
  
 "I asked Karen to lead the SBA because I knew she had the skills and experience to help America’s small businesses recover from the worst economic crisis in generations — and that’s exactly what she’s done," Obama said. 
  
  
  
 "Because of Karen’s hard work and dedication, our small businesses are better positioned to create jobs and our entire economy is stronger.” 
  
 While the SBA does not lend directly to businesses, it backs loans to encourage banks to invest in small businesses as part of a nearly $90 billion portfolio. The agency also counsels businesses and helps small firms land about 23 percent of all federal government contracts, for a total of $100 billion a year. 
  
 House Small Business Committee Chairman Sam Graves (R-Mo.) said Mills was "particularly helpful" to his panel in the "successful effort to reauthorize the [Small Business Innovation Research] SBIR program, the first full reauthorization in a decade." 
  
 The SBIR program provides federal research grants to small businesses to spur innovation. 
  
 "She brought experience to an important position, and the profile of the Small Business Administration was elevated on her watch," Graves said. 
  
 "I am hopeful that President Obama’s replacement will be an energetic and experienced voice for small businesses." 
  
 Mills got an early start in the Obama administration, making SBA a priority for Obama within days of his election victory in 2008. 
  
 She was part of the SBA transition team that crafted a plan to pull the agency out of a quagmire in the early days of the financial crisis before being confirmed to her post in April 2009. 
  
 Mills thanked SBA staff for making her time at the agency “one of the greatest experiences of my life.” 
  
 “The President entrusted me with this enormous responsibility and I believe with your assistance America’s small businesses today are well positioned to do what they do best: grow and create jobs. I will be forever grateful for this opportunity to serve,” she wrote. 
  
 For more on Mills, check out The Hill’s interview with her last year. 
  
 This story was last updated at 1:11 p.m. and 1:30 p.m. ||||| Karen Mills, who's led the Small Business Administration since early 2009, plans to leave her position, she announced Monday. 
  
 Mills plans to stay in her post -- which Obama elevated to Cabinet-level -- until a new SBA administrator is confirmed. In a statement, President Obama thanked "for her outstanding work on behalf of America’s small business owners and entrepreneurs." "Over the last four years, Karen has made it easier for small businesses to interact with the federal government by reducing paperwork and cutting through red tape," he said. "She has played a leading role in my administration’s efforts to support start-ups and entrepreneurs." 
  
 Mills was also "instrumental" in passing the Small Business Act, Obama said, and it's because of Mills's work that "our small businesses are better positioned to create jobs and our entire economy is stronger." 
  
  
  
 Mills's announcement marks yet another departure of a high-ranking woman from the Obama administration, following the resignations of Secretary of State Hillary Clinton, Labor Secretary Hilda Solis and Environmental Protection Agency administrator Lisa Jackson. In her farewell to the SBA, Mills thanked her staff for helping to establish the agency "as the voice of small business and entrepreneurship both in Washington and across the country." |||||
A:
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.