Senate confirms Kelly Loeffler, former Georgia senator, to lead Small Business Administration

The U.S. Senate has confirmed Kelly Loeffler, a Georgia businesswoman and former senator, to lead the Small Business Administration. The Senate approved Loeffler on a 52-46 vote Wednesday. At SBA, Loeffler will oversee an entity responsible for helping businesses satisfy debts, payroll and other expenses during times of disaster. Loeffler co-chaired Trump’s second inaugural committee and served in the Senate during the last year of his first term. During her brief stint on Capitol Hill, the former WNBA owner and executive was the Senate’s wealthiest member. She is married to Jeffrey Sprecher, CEO of Intercontinental Exchange, the publicly traded firm that owns the New York Stock Exchange. The post Senate confirms Kelly Loeffler, former Georgia senator, to lead Small Business Administration first appeared on Federal News Network.
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