WWE's Linda McMahon Approved to Lead Small Business Administration

Erica Roy
February 16, 2017

The U.S. Senate confirmed on Tuesday President Donald Trump's nomination of Linda E. McMahon as the 25th Administrator of the U.S. Small Business Administration. Senate Majority Leader Mitch McConnell, a Kentucky Republican, praised McMahon saying she will prioritize growing jobs over growing government bureaucracy.

She lost races in 2010 and 2012, spending almost $100 million of her own money on the campaigns, but both of her Democratic opponents from Connecticut - Richard Blumenthal and Chris Murphy - endorsed her nomination to lead the Small Business Administration.

She contributed more than $6 million to a Trump-supporting super PAC, and WWE has been one of the biggest donors to the Trump Foundation over the years.

Murphy said, "Congratulations to Linda McMahon on her confirmation as head of the Small Business Administration".

A Senate panel moved her nomination forward by an 18-1 vote.

McMahon helped start and grow World Wrestling Entertainment Inc.

McMahon and husband Vince McMahon turned Vince's father's small wrestling organization into a large enterprise with a dedicated national audience.

"I am hopeful that under Linda McMahon's leadership, the SBA will ignite increased support for small businesses, which are the economic backbone and preeminent job creators in CT and nationally", Blumenthal said in a statement.

"McMahon, who built a small company from the ground up, understands the many challenges small businesses can face", he said.

The American Bankers Association applauded McMahon's confirmation.

The real estate mogul's affiliation with the wrestling world may come as a shock to mere mortals, but hardcore WWE fans will remember the moment he shaved off Vince McMahon's hair.

Other reports by VideoGamingPros

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