Trump chooses professional wrestling magnate Linda McMahon to move SBA

Image #: 19831127    U.S. Republican Senate candidate Linda McMahon of Connecticut looks on at her campaign rally in Stamford, Connecticut, October 22, 2012. McMahon is running against Democratic Congressman Chris Murphy in a surprisingly close race for the Senate seat being vacated by long-time Senator Joe Lieberman.   REUTERS/Mike Segar   (UNITED STATES - Tags: POLITICS ELECTIONS USA PRESIDENTIAL ELECTION)       REUTERS /MIKE SEGAR /LANDOV

Resident-elect Donald Trump plans to nominate professional wrestling magnate and former Senate candidate Linda McMahon as his choice to head the Small Business Administration, transition officials told Reuters on Wednesday.

McMahon, 68, is a co-founder and former CEO of the professional wrestling franchise WWE, which is based in Stamford, Connecticut.

The SBA, which has at least one office in every U.S. state, provides support to small businesses such as extending loans and making sure they get percentage of federal contracts.

Trump’s announcement, a copy of which was seen by Reuters, said McMahon would be a key player in his effort to generate stronger job growth and roll back federal regulations.

Linda has a tremendous background and is widely recognized as one of the country’s top female executives advising businesses around the globe,” Trump said in the announcement.

McMahon said her goal as the SBA chief would be to promote small businesses and help them grow and thrive.

Our small businesses are the largest source of job creation in our country,” she said.

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