President-elect Donald Trump has made yet another big pick for his team, this time for the head of the Small Business Administration, and his choice is sure to garner attention.
The real estate mogul has chosen wrestling entrepreneur Linda McMahon, who co-founded World Wrestling Entertainment (WWE) with husband Vince McMahon, to lead the SBA.
According to CNBC, The 68-year-old McMahon was a major Trump backer during his campaign.
Trump said in a statement that McMahon would help to “bring back our jobs and roll back the burdensome regulations that are hurting our middle class.” The SBA has an office in every state and helps with financing and training for small businesses and entrepreneurs.
“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.”
McMahon is no stranger to the world of politics. She ran for Senate in Connecticut on two separate occasions, once in 2010, the other in 2012.
The wrestling mogul shelled out close to $100 million for both campaigns, but failed both times to take the seat.
While she may not have succeeded in her attempts to take a liberal stronghold, she did, however, succeed in taking the WWE all the way to a market value of $1.5 billion. Not too shabby, right?
Note to Obama: Yes, she DID build that.
Small businesses are the backbone of the country and could use all the help they can get in order to to get a leg up on their path to success. Hopefully, one of the ways that will happen is with the overall size of government shrinking in order to get out business owners’ way so they can be more prosperous.
By getting rid of unnecessary regulations, companies are able to use more of their revenue to expand, create jobs and put Americans back to work.
[This article was written by Michael Cantrell]