President-elect Donald Trump has nominated former U.S. Sen. Kelly Loeffler, R-Georgia, to serve as administrator of the Small Business Administration.
“Small Businesses are the backbone of our Great Economy,” Trump said in a statement. “Kelly will bring her experience in business and Washington to reduce red tape, and unleash opportunity for our Small Businesses to grow, innovate, and thrive. She will focus on ensuring that SBA is accountable to Taxpayers by cracking down on waste, fraud, and regulatory overreach.
“Kelly was a tremendous fighter in the U.S. Senate during the first Trump Administration, including helping to pass the first ever bill to protect Women in Sports,” Trump added. “Prior to her tenure in the U.S. Senate, Kelly built a 25 year career in financial services and technology. Along with her amazing husband, Jeff, she helped build a Fortune 500 company from 100 employees to over 10,000, as Executive VP. She and Jeff also helped me secure the Big Election Win in Georgia!”
Loeffler was raised as the fourth generation to work on her family’s farm and the first in her family to attend college. She graduated from the University of Illinois with a degree in business administration, earned an MBA from DePaul University, and was the first CFA charter holder to serve in the U.S. Senate.
For the last four years, Loeffler has worked to help restore election integrity, diverse outreach, and voter registration in Georgia through her nonprofit, Greater Georgia. In addition to SBA administrator, Trump appointed her co-chair of the Presidential Inaugural Committee.