McMahon Confirmed To Lead Small Business Administration

  • McMahon Confirmed To Lead Small Business Administration

McMahon Confirmed To Lead Small Business Administration

The Senate has confirmed former wrestling entertainment executive Linda McMahon to lead the Small Business Administration.

Of her nomination, then President-elect Trump said after picking her back in December: "Linda has a tremendous background and is widely recognized as one of the country's top female executives advising businesses around the globe".

McMahon was approved unanimously by the Senate Small Business Committee (the Senate handled confirmation hearings) January 31.

To view the full article, register now. Republican Senator Mitch McConnell said that Linda will prioritize growing jobs over growing bureaucracy, which he said will be a welcome change in many states.

A Senate panel recently approved her nomination by a vote of 18-1, moving the nomination to the full Senate for consideration.

During her confirmation hearing two weeks ago, McMahon a CT resident, promised members of the U.S. Senate Committee on Small Business and Entrepreneurship that if confirmed, she would be a strong advocate for the SBA.

After the two bruising campaigns McMahon remained active in Republican politics as a donor. Trump is a member of the WWE hall of fame after his long association with the company. His biggest appearance was in 2007, billed as a "Battle of the Billionaires" at WrestleMania 23 between him and Vince McMahon, and it ended with Trump shaving the head of his antagonist. Here are some of the agenda items that may top McMahon's list as she takes on the almost $30 billion a year the SBA manages in government-backed small business loans and programs to support small business owners.

The American Bankers Association applauded McMahon's confirmation.