Former wrestling entertainment executive Linda McMahon is on track to secure Senate confirmation to be the next leader of the Small Business Administration.
The Senate has been split mostly along party lines on most of President Donald Trump’s Cabinet choices. But McMahon has faced little resistance after assuring lawmakers that she believes the SBA should continue as a Cabinet-level, stand-alone agency and that she would be a strong advocate for small business within the new administration.
A Senate panel recently approved her nomination by a vote of 18-1, moving the nomination to the full Senate for consideration. The vote is expected Tuesday.
"Mrs. McMahon made it very clear that she has the experience, understanding and instincts necessary to bolster America’s small business community and advocate for much-needed regulatory reforms," said Sen. Jim Risch, R-Idaho, chairman of the Senate Committee on Small Businesses and Entrepreneurship.
Elizabeth Warren zeroes in on Labor nominee Puzder, saying he has ‘sneering contempt’ for workers Jim Puzzanghera
Sen. Elizabeth Warren (D-Mass.) sent Labor secretary nominee Andy Puzder a lengthy list of questions as top Senate Democrats trained their fire on the fast-food executive ahead of his confirmation hearing this week in hopes of knocking off the last of their top targets among President Trump’s Cabinet…
Sen. Elizabeth Warren (D-Mass.) sent Labor secretary nominee Andy Puzder a lengthy list of questions as top Senate Democrats trained their fire on the fast-food executive ahead of his confirmation hearing this week in hopes of knocking off the last of their top targets among President Trump’s Cabinet…
(Jim Puzzanghera)
Leading up to the vote for McMahon, the Senate narrowly approved Steven Mnuchin to serve as the next secretary of the Treasury Department despite strong Democratic objections over a banker they dubbed the "foreclosure king." The Senate also approved David Shulkin to serve as the next secretary of the Department of Veterans Affairs.
McMahon waged two unsuccessful bids for the Senate in Connecticut, losing to the state’s current senators, Democrats Richard Blumenthal and Chris Murphy, despite spending nearly $100 million of her own money on the 2010 and 2012 races. The two former adversaries introduced her as part of her confirmation hearing and said they believe she would give good advice to Trump on policies affecting small businesses.
McMahon has continued to donate heavily to GOP groups and candidates, and was a multimillion-dollar backer of two political action committees working to secure Trump’s victory in the November election.
Former wrestling exec casts herself as a job creator Tribune news services
Former wrestling entertainment executive Linda McMahon cast herself as a job creator in her bid Tuesday to become the next leader of the Small Business Administration.
McMahon, who stepped down from WWE in 2009 for two unsuccessful Senate runs in Connecticut, told the Senate panel considering her…
Former wrestling entertainment executive Linda McMahon cast herself as a job creator in her bid Tuesday to become the next leader of the Small Business Administration.
McMahon, who stepped down from WWE in 2009 for two unsuccessful Senate runs in Connecticut, told the Senate panel considering her…
(Tribune news services)
The SBA is best known for the small business loans it makes and the disaster aid it provides to companies and entrepreneurs. The agency is also tasked with monitoring government officials’ compliance with contract laws. Its budget is generally under $1 billion. The leadership of the SBA is considered a Cabinet-level position.
In nominating McMahon, Trump noted that she had helped grow WWE from a modest operation with about a dozen employees into a publicly traded global enterprise with more than 800 employees. McMahon stepped down from the company in 2009 to run for office.
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