SBA’s McMahon to Step DownApril 3, 2019
On Friday, March 29, Linda McMahon, Administrator of the U.S. Small Business Administration (SBA) announced she is stepping down from her role as a Cabinet member in the Trump Administration. She will continue to serve President Donald Trump, however, as chair of his 2020 Super PAC, America First Action. Joining President Trump at a press conference at Mar-a-Lago on Friday afternoon, McMahon’s SBA resignation was confirmed by Trump who said of McMahon, “She has been a superstar.”
In her formal resignation announcement, McMahon stated, “I’m very proud of the work this agency has done to improve the way we connect small businesses to capital, counseling and government contracts.”
A replacement hasn’t been officially named yet, but, per Politico, “One possible candidate, according to administration officials, is Pradeep Belur, the agency’s chief of staff.”
McMahon’s last day at the SBA will be April 12.