To help "unleash America's entrepreneurial spirit all across the country", President-elect Donald Trump appoints WWE co-founder Linda McMahon to spearhead the Small Business Administration. Trump described McMahon as "one of the country's top female executives advising businesses around the globe [who] helped grow WWE from a modest 13-person operation to a publicly traded global enterprise with more than 800 employees in offices worldwide. [She will be a] champion for small businesses."
McMahon, 68, previously ran for the Senate as a Republican in 2010 and 2012, but lost each race. According to CNBC, during each campaign, she supported a lower corporate tax rate and reduction in regulations. Trump has also promised the same: to cut the tax rate from 35% to 15% and ease regulations.
Prior to stepping down as the enterprises' CEO in 2009, McMahon, founded the World Wrestling Entertainment, Inc. with husband, Vince in 1979. Since its inception, it has now become a publicly traded sports entertainment company.
McMahon has also created a joint venture, Women's Leadership LIVE to promote opportunities for women in business and public service.
Although the appointment still requires Senate approval, McMahon took to twitter to thank Trump.
— Linda McMahon (@Linda_McMahon) December 7, 2016
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