The Senate voted Wednesday by a 52–46 margin to confirm the nomination of President Donald Trump’s pick to lead the Small Business Administration (SBA).
Kelly Loeffler, a prominent business executive and philanthropist who served as a senator from Georgia for two years, will now lead the agency. She unveiled plans during her confirmation hearing to reduce regulatory burdens on small business owners, and enhance access to SBA-backed loans and grants.
The agency aims to provide small business owners with counseling, capital and contracting expertise to advance their businesses.
Loeffler appeared before the Senate Small Business and Entrepreneurship Committee Jan. 28 to outline her vision and promised that Trump’s policies would "restore the small business economy" that would lead to a "golden era of prosperity and growth."
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