Senate confirms Linda McMahon to lead Small Business Administration

Mandy DayFeb 15 , 2017

The Senate voted to confirm former professional wrestling executive Linda McMahon to lead the federal Small Business Administration. She is the top Democrat on the Senate Small Business and Entrepreneurship Committee.

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McMahon, 68, has no government experience but Majority Leader Mitch McConnell said her background as leader of the WWE, which grew to $659 million in revenue in 2015, would help small businesses.

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The move comes after a Senate panel voted 18 to 1 in McMahon's favor. Sen.

President Donald Trump has had a long friendship with the McMahon's and WWE. McMahon first supported New Jersey Gov. Chris Christie and at one point called some of the things Trump said "deplorable". Trump is a member of the WWE hall of fame after his long association with the company.

Mr Trump infamously made an appearance in Wrestlemania XXIII in 2007, where he fought Mr McMahon in staged bout in the ring. 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.

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President Barack Obama elevated the SBA administrator to a Cabinet-level position in 2012.

Though McMahon's responsibilities as SBA head don't encompass tax reforms, the Trump administration has hinted in the past few weeks at a comprehensive tax plan that would ease burdens on the average American as well as business owners.

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