Senate voted on Tuesday to confirm the appointment of the President Donald Trump Choose to lead the administration of small businesses (SBA).
Kelly Loeffler, a prominent business executive director and philanthropist who has been a senator from Georgia for two years, will now run the agency. She has discovered plans during her certificate hearing to reduce the regulatory loads of small business owners and improve access to loans and scholarships supported by the SBA.
The Agency aims to provide owners of small businesses for consultation, capital and contractual knowledge to improve their business.
Loeffler appeared before the Senate Committee on Small Business and Entrepreneurship on January 28 to draw his vision and promise that Trump’s policy “will” return the economy of a small economy “, which will lead to the” golden era of prosperity and growth “.
Trump’s candidate for a small company progresses upstairs on the Senate floor
The Senate voted on February 18, 2025. To confirm the nomination of the selection of President Donald Trump to lead the administration of small businesses, Kelly Loeffler, a Republican from Georgia. (Alyssa Pointer/Bloomberg via Getty Images)
“This is exactly what the American first plan is – ending in inflation, reducing taxes, exempting American energy dominance, a slit of decay and diverting fraud, waste and abuse over the Government,” Loeffler said in her introductory note.
Loeffler and her husband Jeff together created a company for Fortune 500 financial and technology, and she told the legislators that she intended to donate her annual salary of $ 207,500 as a SBA administrator for charity.
Loeffler, whose net value is estimated at approximately $ 1 billion, has previously donated its annual salary of Senate in the amount of $ 174,000 between 2019 and 2021 more than 40 charity organizations and non -profit organizations of Georgia.
These organizations included food banks, religious groups and organizations that opposed abortion, foster care groups/adoption, as well as organizations promoting health care, agriculture, education, law enforcement and disaster mitigation.
The Senate voted for Marz 51-43 on Thursday to improve the Loeffler nomination for the final vote of certificate.
The Chairman of the Committee on Small Entrepreneurship Senator Joni Ernst, R-Iowa, supported Loeffler’s nomination, citing Loeffler’s “nulte of waste tolerance for waste, fraud and abuse.”
In addition, Ernst expressed support for Loeffler’s plans to perform the full audit of the SBA to eliminate any wasteful consumption.
Trump’s Cabinet Cabinet Loeffler has committed to donating a salary if confirmed
Senator Joni Ernst, R-Iowa, expressed his support from Kelly Loeffler’s nomination on February 13, 2025, saying that Loeffler understood the demands of entrepreneurship. (Reuters)
“Senator Loeffler is immensely qualified for the role,” Ernst upstairs on the Senate floor on Thursday. “As a successful businesswoman, it is profusely clear that Senator Loeffler really understands what it takes to be an entrepreneur and will be an effective voice for small businesses across America.”
However, a ranked member of Senate for Small Companies and the Entrepreneurship Committee, Senator Ed Markey, D-Mass, pushed herself to Loeffler’s nomination in the midst of concern that her confirmation would deny the path of the newly founded Department of the Government Efficiency (Doge) to “illegally cut off the funding” for the owners. small businesses. As a result, he said that Trump wants to fill his cabinet with those who will follow his “illegal competition.”
Markey and Loeffler also made their way during a certificate in January after Trump’s administration announced on January 27 that they would froze federal funds and branches aimed at eradicating “Wockeness” and “Government weapon”.
Trump signs the Dogea command command to reduce the federal workforce massively
Senator Ed Markey, D-Mass, paired with Kelly Loeffler during her hearing on state consumption certificate. (Andrew Hardik/Getty Images)
While the White House abolished the Memorandum on January 29, the secretary for the Karolina Leavitt White House print said that the federal freezing of the funds remained in force.
As a result, Markey pressed Loeffler about whether he believed that the move was legally or not, after the return attack of the Congress members that Trump’s administration tried to illegally bypass the Congress and retained the funds.
“I completely agree with the decision of President Trump to stop a wasteful consumption,” Loeffler told Markey. “This resulted in the victory of the landslide that many Americans were waiting for relief from excessive state consumption.”
