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Linda McMahon confirmed as Administrator, U.S. Small Business Administration

Feb. 15, 2017: Linda McMahon was confirmed as the Administrator of the U.S. Small Business Administration (SBA) by the U.S. Senate yesterday, Tuesday, Feb. 14, 2017. McMahon, 68, Republican, is the co-founder of the professional wrestling franchise World Wrestling Entertainment (WWE), along with her husband Vince McMahon, and she was twice a former Republican U.S. Senate candidate from Connecticut. When the McMahons went public with WWE in 1999, the company had $251.5 million in annual revenue and 276 full-time employees. By 2015, the company had grown to $659 million in revenue, and as of February, 2016. had 840 employees, according to U.S. Securities and Exchange Commission (SEC) filings. The SBA and SEC are independent federal government agencies.

Attribution: The Hill

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