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Linda McMahon Confirmed to Lead Small Business Administration
The U.S. Senate voted Tuesday to confirm former wrestling executive Linda McMahon to lead the Small Business Administration (SBA) as part of President Donald Trump's Cabinet. Shortly after his Senate confirmation, Mnuchin was sworn in at the White House by Vice President Mike Pence. The Utah Republican noted that former President Barack Obama's Treasury secretary, Jack Lew, also was a banking executive and investor. On Monday, the Senate confirmed Steve Mnuchin, 53, as Trump's pick for Treasury secretary. McMahon sailed through the committee level of the confirmation process, advancing to the full Senate on an 18-1 vote.
Linda McMahon, the wrestling business entrepreneur turned billionaire, was confirmed today as the new Administrator of the U.S. Small Business Administration. It's hard to effectively address the needs of small businesses if you haven't actually experienced what small business owners and startup entrepreneurs go through. As pointed out a couple of weeks ago, McMahon seems like a good choice to run the Small Business Administration due to her experience growing a business. But it is not a black mark in the world of small business. McMahon has suffered the trials and tribulations of other mom and pop business owners.
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