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You are at:Home»Business»Kelly Loeffler, candidate for the small business, says that Small Biz is in her DNA
Business

Kelly Loeffler, candidate for the small business, says that Small Biz is in her DNA

January 30, 2025004 Mins Read
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Fox Business Larry Kudlow’s host discusses President Donald Trump’s desire to end wars and create a strong economy on “Kudlow”.

EXCLUSIVE: Former senator Kelly Loeffler, R-Ga., President Donald TrumpThe choice of the administrator of the Small Business Administration (SBA) should appear on Wednesday before the Small Business and Entrepreneurship Committee, where she plans to talk about Trump’s vision for the country, as well as of what qualifies her for work.

In a copy of his written remarks obtained by Fox Business, Loeffler talks about his roots by growing up like the fourth generation of his family’s farm in Illinois, adding that “small business” is in his “DNA”.

“My wonderful parents, Don and Lynda, had no diplomas, but they had faith and the grain,” she wrote. “They worked tirelessly to support our farm and our small trucking company – risking everything to provide us with us while sailing on the markets of volatile products and complex regulations and confronted with countless daily challenges.

“This is where my Midwest work ethics was anchored, working in our soybells and waiting tables in local restaurants – preparing for a start -up business and growth business”, a- she continued. “I became the first in my family to get a college and I later won my MBA.”

First of all on Fox: Trump Small Business Administration Choose Loeffler to meet the GOP senators

Loeffler-2

Former Senator Kelly Loeffler, R-GA., Is President Donald Trump’s candidate to be a director of Small Business Administration. (Anna Moneymaker / Getty Images / Getty Images)

After university, Loeffler helped to transform a startup into a fortune company 500, and for 10 years, she co -owned the Atlanta dream of the WNBA. Loeffler also wrote that she had launched a financial technology company, Bakkt, as a founding CEO and first employee.

“I remember having managed the budgets of the Excel calculation sheets, hire my first member of the team and work with regulators as much as I remember having sounded the bell when two of these companies became public,” She writes.

Later in her declaration, Loeffler explains how she plans to take advantage of her decades of business experience to defend American entrepreneurs.

First of all on Fox: Trump’s Cabinet candidate, Loeffler, undertakes to give a salary to the charity if confirmed

loeffler

Former senator Kelly Loeffler, R-GA., Campaign in Milton, in Georgia, in 2022. (Jessica McGowan / Getty Images / Getty Images)

“We will cut administrative formalities and modernize the agency while restoring the responsibility and transparency that taxpayers deserve,” she wrote. “I will repress fraud, with a zero tolerance policy, while passing the attention of SBA of Washington DC in the main streets through America. And if it is confirmed, I will collaborate through the government and the sector Private to provide efficiency and results.

“Each dollar taxpayers entrusted to SBA should have an economic multiplier effect – offer productive capital to develop manufacturing, strengthen rural communities, create jobs and develop critical technology such as AI and flea,” added Loeffler . “I believe that we must continue to empower entrepreneurs from all walks of life, including women and veterans.”

Loeffler is part of a team that Trump assembles which aims to put “America first”.

The optimism of small businesses reaches a level higher than 6 years after Trump’s victory

President Donald Trump arrives with Senator Kelly Loeffler, R-GA., During a campaign rally in 2021. (Alex Wong / Getty Images / Getty Images)

She wrote on the founding mission of SBA to empower small businesses and cultivate the economy, which must be restored.

“This is exactly what the first American program does – by putting an end to inflation, by reducing taxes, by unleashing the domination of American energy, by reducing the regulations and by reinvening fraud, waste and Abuse through government, “she wrote. “In the past four years, small businesses have lost ground – overwhelmed by inflation, government regulations and uncertainty that threatens the very existence of the main street. The proven agenda of President Trump will restore the economy of small businesses, marking a return to Made in America – with a golden era of prosperity and growth.

Loeffler and her husband Jeff have long been the main donors of the causes and republican candidates, including Trump. Loeffler was co -president of Trump Inaugural committee.

Get Fox Affairs on the move by clicking here

If confirmed by the SenateLoeffler says that she would donate her annual federal salary of around $ 207,500 to a charity.

The promise of Loeffler, whose net value is estimated at around 1 billion dollars, follows her shares at the 2019 congress to 2021, when she donated her Senate salary from $ 174,000 per year to over 40 years Charitable georgia and non -profit organizations.

Paul Steinhauser of Fox News Digital contributed to this report.

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