Small Business Administration administrator Linda McMahon is exiting the agency.
McMahon is co-founder and former CEO of TV wrestling empire WWE.
As co-founder of WWE, she helped grow that small business from a 13-person staff to a publicly traded global business with more than 800 employees.
McMahon also ran for the U.S. Senate a couple of times in Connecticut but did not win. (She and her daughter, Stephanie McMahon, have also been MCN Wonder Women.)
“Administrator McMahon has been a fierce advocate for America’s small businesses during her tenure as SBA Administrator,” said Sen. Marco Rubio (R-Fla.), chairman of the Small Business Committee. “Under her stewardship, optimism among America’s small business has soared as a result of this administration’s pro-growth, pro-worker policies. I thank her for her exemplary service and wish her luck in her future endeavors. Finding a successor as passionate as Administrator McMahon will be a challenge, but I stand ready to work with the administration to find someone who shares her vision and continues to bring real world business experience to the SBA.”
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Contributing editor John Eggerton has been an editor and/or writer on media regulation, legislation and policy for over four decades, including covering the FCC, FTC, Congress, the major media trade associations, and the federal courts. In addition to Multichannel News and Broadcasting + Cable, his work has appeared in Radio World, TV Technology, TV Fax, This Week in Consumer Electronics, Variety and the Encyclopedia Britannica.