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.
“Small businesses are the engine of our national economy,” McMahon said upon her confirmation. “I will work to revitalize a spirit of entrepreneurship in America. Small businesses want to feel they can take a risk on an expansion or a new hire without fearing onerous new regulations or unexpected taxes, fees and fines that will make such growth unaffordable. We want to renew optimism in our economy.”
“I want to thank President Trump for this opportunity to join his Administration and to advocate for our nation’s small business owners and entrepreneurs,” McMahon said. “I would also like to express my appreciation to Joe Loddo for his leadership as Acting Administrator during this transition, along with everyone at the SBA for the hard work they are doing to support America’s small businesses.”
In testimony on January 24 before the Senate Committee on Small Business and Entrepreneurship, McMahon discussed her hands-on experience managing and helping to grow small businesses.
“As an entrepreneur myself, I have shared the experiences of our nation’s small business owners. My husband and I built our business from scratch. We started out sharing a desk. Over decades of hard work and strategic growth, we built it into a publicly traded global enterprise with more than 800 employees. I am proud of our success – I know every bit of the hard work it took to create that success.”
“I believe in leadership by example. As a CEO, I never expect employees to do anything I am not willing to do myself. I believe in setting expectations and holding people accountable, but trusting them to do the job for which they were hired. I look forward to working with the SBA staff. I am eager to learn from their experience and expertise. I will listen, and their ideas, concerns and recommendations will be taken seriously.”
As Administrator of the SBA, McMahon will direct a federal agency with more than 2,000 full-time employees, with a leading role in helping small business owners and entrepreneurs secure financing, technical assistance and training, and federal contracts. SBA also plays a leading role in disaster recovery by making low interest loans.
McMahon is the co-founder and chief executive officer of Women’s Leadership LIVE, as well as the co-founder and former CEO of WWE. She was the Republican nominee to represent Connecticut in the U.S. Senate in 2010 and 2012. McMahon is an advocate for small business and continues to promote entrepreneurship, particularly among women.
McMahon is a graduate of East Carolina University. She and her husband, Vince, have two adult children and six grandchildren.
Link to McMahon’s Statement to the Senate Committee on Small Business and Entrepreneurship:
COMMENT POLICY: We welcome comments from individuals and businesses. All comments are moderated. Comments are subject to rejection if they are vulgar, combative, or in poor taste.
REAL NAMES ONLY: All posters must use their real individual or business name. This applies equally to Twitter account holders who use a nickname.
The death toll from the novel coronavirus pandemic surpassed 2 million on Friday and the World Health Organization warned the global health crisis may get even worse as people weary of restrictions let down their guard and contagious strains of the virus spread around the globe.
At least once a month, residents of the Cali Lake RV community, nestled in a quiet canyon off a rural part of Soledad Canyon Road, have had their power shut off due to Southern California Edison’s Public Safety Power Shutoffs.
Late Friday afternoon, a group of parents and student-athletes gathered in front of the William S. Hart Union High School District office to urge the district to bring athletic-conditioning back to school campuses.
A future open space trailhead in the Tesoro area will be named after a founding Santa Clarita city councilman, and a portion of land in Newhall after a family who has donated several acres of land to the city for open-space preservation.
The Los Angeles County Department of Public Health on Friday confirmed 258 new deaths and 15,051 new cases of COVID-19 countywide, with cases likely to reach over 1 million this weekend. In addition, the Santa Clarita Valley has reached 21,189 total cases.
Jim and Anita Lombardi of Federal Escrow, Inc. donated $50,000 to the Boys and Girls Club to help the organization continue providing COVID-19 relief services in the Santa Clarita Valley.
The California Supreme Court declared Thursday that worker classification standards set forth in its Dynamex decision should apply retroactively to a labor class action from 15 years ago, as well as all non-final cases that predate the 2018 landmark ruling.
Los Angeles County officials announced five additional mass-vaccination sites set to open next week which include Six Flags Magic Mountain and California State University, Northridge.
Waste Management has extended its temporary residential green waste pick-up schedule for customers in Santa Clarita, with regular service anticipated to resume the week of Jan. 25.
The ice rink in Valencia, which the City acquired last year, is currently undergoing renovations prior to its highly anticipated grand reopening later this year.
The MAIN is set to host eight weeks of free virtual productions from around the world from Jan. 22 through March 12 via Zoom for the Stage on Screen Theatre Fest's International Edition of online theatre.
The Los Angeles County Department of Public Health confirmed Thursday 287 new deaths and 17,323 new cases of COVID-19, with 20,918 total cases in the Santa Clarita Valley.
Henry Mayo Newhall Hospital announced Thursday the opening of its COVID-19 vaccine-distribution site, with the goal of vaccinating nearly 500 people a day.
Get ready to get your game on Sunday, March 14, as Soroptimist International of Valencia presents their annual fundraiser to benefit the Soroptimist’s Dream Programs: Live Your Dream and Dream It, Be It.
As the COVID-19 surge has continued to overwhelm hospitals over the past couple of months, it has also dramatically impacted the mortuaries where many of the pandemic’s victims end up.
The Santa Clarita Valley and surrounding regional areas fell under a red flag warning, prompting Southern California Edison to monitor more than 28,000 of its customers for potential power shutoffs through the remainder of the week.
Tweet This
Facebook
Digg This
Bookmark
Stumble
RSS
REAL NAMES ONLY: All posters must use their real individual or business name. This applies equally to Twitter account holders who use a nickname.
0 Comments
You can be the first one to leave a comment.