Businesses in Maryland and throughout the country have a new champion. And she does not need an ornate title belt to prove it.
Perhaps Valentine’s Day softened the ever-deepening rift between Republicans and Democrats. Love in the form of bipartisanship was clearly, if not temporarily in the air on February 14. The U.S. Senate confirmed former World Wrestling Entertainment (WWE) chief executive officer Linda McMahon to head the Small Business Administration.
The vote was 81-19 to confirm the sports entertainment magnate who was one of the driving forces behind her own business’ significant growth. WWE transformed from a regional professional wrestling territory with a dozen employees into a worldwide powerhouse that staffs more than 800.
As head of the Small Business Administration, McMahon will work on behalf of companies and entrepreneurs throughout the U.S. With a budget of approximately $1 billion, she will oversee an agency that provides small business loans, distributes disaster aid, and monitors government officials’ compliance with contract laws.
McMahon stepped down from her executive position at WWE in 2009 to run for the U.S. Senate in Connecticut. In spite of spending nearly $100 million of her own money, she lost both campaigns in 2010 and 2012.
Similar to the wrestling storylines she once promoted, both of her former rivals in those races turned from being opponents to allies when they endorsed her to lead the SBA.
McMahon’s confirmation is believed to be both the exception to the rule and the calm before the storm when it comes to confirming other Trump administration nominations. The preliminary bout is over, giving way to upper card, knockdown, drag-out brawls over supremacy.