Linda McMahon to Head Small Business Administration Under Trump Presidency

We’ve known there was a good chance of this happening for about a week, but it’s now official: WWE co-owner and former CEO Linda McMahon is being appointed the head of the Small Business Administration (SBA) under Donald Trump’s presidential administration. The news broke late Wednesday afternoon in tweets from various mainstream news organizations,with Reuters citing Trump’s transition team, McMahon also tweeted her own announcement a few minutes later:

Honored to be appointed by President-Elect @realDonaldTrump to serve as head of @SBAgov advocating for our small businesses & entrepreneurs!

— Linda McMahon (@Linda_McMahon) December 7, 2016

McMahon has no experience holding public office, and her previous political experience consists of two failed United States Senate campaigns in 2010 and 2012 that cost a combined $100 million of the McMahon family fortune. As for the SBA, it exists to provide support for, well, small businesses in the form of loans among other things, and is also the agency used to provide disaster loans to those who don’t qualify for FEMA grants after natural disasters.

Updated 4:45 p.m. ET: Here’s Trump’s official statement (h/t CNN):

Linda has a tremendous background and is widely recognized as one of the country’s top female executives advising businesses around the globe. She helped grow WWE from a modest 13-person operation to a publicly traded global enterprise with more than 800 employees in offices worldwide.

Here are some reactions from the wrestling world:

Congrats @Linda_McMahon on your nomination. I’m very proud and know you’ll do an excellent job. #SBA

— Vince McMahon (@VinceMcMahon) December 7, 2016

Congratulations Mom, I am so proud of you! President-Elect @realDonaldTrump made an excellent choice for the head of @SBAgov! https://t.co/2wUPw3ctWl

— Stephanie McMahon (@StephMcMahon) December 7, 2016

So proud of my Mom @Linda_McMahon for her appointment to lead the SBA. #GoMom

— Shane McMahon (@shanemcmahon) December 7, 2016

Congrats to @Linda_McMahon on being chosen to lead the #SBA! I know she'll provide the same insight and dedication that helped build @WWE.

— Triple H (@TripleH) December 7, 2016

https://twitter.com/ebischoff/status/806615115948662784

Great choice by @realDonaldTrump by picking @Linda_McMahon to help small business. https://t.co/uqiB0Yjqso

— John Layfield (@JCLayfield) December 7, 2016

Good for Linda.

Legitimately one of the nicest people around.

— Cody Rhodes (@CodyRhodes) December 7, 2016

John Cena On Making A Joke At His Own Expense, Paige Cryptic Tweet, JBL On Linda McMahon… https://t.co/ILuJF6dDNx

— WrestlingINC.com (@WrestlingInc) December 7, 2016

This is a breaking news story. We will keep you updated as it develops.