President-elect Donald Trump said on Wednesday he has picked Linda McMahon, a former Senate candidate and the co-founder of pro wrestling company WWE, to run the Small Business Administration.
In a statement, Trump said that McMahon would aim to “bring back our jobs and roll back the burdensome regulations that are hurting our middle class.”
“Linda has a tremendous background and is widely recognized as one of the country’s top female executives advising businesses around the globe,” Trump said in the announcement.
— Linda McMahon (@Linda_McMahon) December 7, 2016
“Our small businesses are the largest source of job creation in our country,” McMahon said in a statement. “I am honored to join the incredibly impressive economic team that President-elect Trump has assembled to ensure that we promote our country’s small businesses and help them grow and thrive.”
The SBA has at least one office in every U.S. state, and they provide a large amount of support to small businesses to help ensure their success.
If confirmed by the Senate, McMahon would join Trump’s economic team that includes Wall Street executives such as Steven Mnuchin at the Treasury Department and Wilbur Ross at the Commerce Department
Linda and her husband Vince founded WWE more than 30 years ago, and their company that started at just 13 employees now has over 800 and is estimated to be worth about $1.5 billion.
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