Trump Names Kelly Loeffler to Lead Small Business Administration
The former senator and major GOP donor joins a lineup of loyal allies tapped for key roles in Trump's second administration.
- Kelly Loeffler, a former Georgia senator and business executive, has been nominated by President-elect Donald Trump to head the Small Business Administration (SBA).
- Loeffler and her husband, billionaire Jeff Sprecher, donated over $5 million to support Trump’s 2024 election campaign, making them among his top financial backers.
- Trump praised Loeffler’s business and political experience, stating she will focus on reducing regulatory burdens and addressing waste and fraud within the SBA.
- Loeffler’s brief Senate tenure was marked by controversy over stock trades during the early COVID-19 pandemic, though she was cleared of wrongdoing by the Senate Ethics Committee.
- Her appointment is part of Trump’s broader strategy of rewarding loyal allies and major donors with prominent roles in his administration.