Trump chooses pro wrestling magnate Linda McMahon to head the Small Business Administration

[SirLinksALot]

SOURCE: BUSINESS INSIDER

URL: http://www.businessinsider.com/r-exclusive-trump-chooses-pro-wrestling-magnate-linda-mcmahon-to-head-sba-2016-12?r=UK&IR=T

Steve Holland, Reuters




WASHINGTON (Reuters) - U.S. President-elect Donald Trump plans to nominate professional wrestling magnate and former Senate candidate Linda McMahon as his choice to head the Small Business Administration, transition officials told Reuters on Wednesday.

The announcement was expected later on Wednesday.

McMahon, 68, is a co-founder and former CEO of the professional wrestling franchise WWE, which is based in Stamford, Connecticut. She ran unsuccessfully for a U.S. Senate seat in Connecticut in 2010. She was an early supporter of Trump's presidential campaign.

The SBA, which has at least one office in every U.S. state, provides support to small businesses such as extending loans and making sure they get a percentage of federal contracts.

Trump's announcement, a copy of which was seen by Reuters, said McMahon would be a key player in his effort to generate stronger job growth and roll back federal regulations. He said she had helped the WWE grow from a 13-person operation to a publicly traded global enterprise with more than 800 employees worldwide. Donald Trump is a WWE Hall of Fame member.

"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.

McMahon said her goal as the SBA chief would be to promote small businesses and help them grow and thrive.

“Our small businesses are the largest source of job creation in our country,” she said.

[geronl]

Trump is a freak show

[SirLinksALot]

REMEMBER TRUMP's VISIT TO THE WWE?

[Idiot]

SOURCE: BUSINESS INSIDER

URL: http://www.businessinsider.com/r-exclusive-trump-chooses-pro-wrestling-magnate-linda-mcmahon-to-head-sba-2016-12?r=UK&IR=T

Steve Holland, Reuters




WASHINGTON (Reuters) - U.S. President-elect Donald Trump plans to nominate professional wrestling magnate and former Senate candidate Linda McMahon as his choice to head the Small Business Administration, transition officials told Reuters on Wednesday.

The announcement was expected later on Wednesday.

McMahon, 68, is a co-founder and former CEO of the professional wrestling franchise WWE, which is based in Stamford, Connecticut. She ran unsuccessfully for a U.S. Senate seat in Connecticut in 2010. She was an early supporter of Trump's presidential campaign.

The SBA, which has at least one office in every U.S. state, provides support to small businesses such as extending loans and making sure they get a percentage of federal contracts.

Trump's announcement, a copy of which was seen by Reuters, said McMahon would be a key player in his effort to generate stronger job growth and roll back federal regulations. He said she had helped the WWE grow from a 13-person operation to a publicly traded global enterprise with more than 800 employees worldwide. Donald Trump is a WWE Hall of Fame member.

"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.

McMahon said her goal as the SBA chief would be to promote small businesses and help them grow and thrive.

“Our small businesses are the largest source of job creation in our country,” she said.

Oh please....NOOOOOOOOOOO!

[mountaineer]

At least she has actual business experience,  unlike nearly every Obama appointee.

[ABX]

REMEMBER TRUMP's VISIT TOT HE WWE?

He actually was part owner for a while. He almost bankrupted them.

[Wingnut]

He actually was part owner for a while. He almost bankrupted them.

It's the one thing he is really really good at.

[Jazzhead]

Good choice.   She's had unfulfilled political ambitions, and this is a post where she can bring her expertise/experience to bear on policy.   

[Cripplecreek]

It's the one thing he is really really good at.

I doubt Linda McMahon really knows much about small business.

That's the problem with the whole Trump crowd, they all have this bizarre fantasy that business is business and its all the same.

The idea of tariffs is a death blow to many small businesses that rely on foreign suppliers.

[Frank Cannon]

What's the big deal. She seems solid enough for this gig.

[mountaineer]

What's the big deal. She seems solid enough for this gig.

Probably one of the least important appointments a president can make.