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VisitPresident Trump Nominates Former Georgia Senator Kelly Loeffler to Lead Small Business Administration
Dec 4, 2024, 11:28 PM
President Donald Trump has nominated former Georgia Senator Kelly Loeffler (@KLoeffler) to serve as the Administrator of the Small Business Administration (SBA), filling one of the final spots in his Cabinet. Announced on December 4, 2024, the appointment brings Loeffler's experience as a business leader and former U.S. Senator to the agency. Trump praised her financial expertise and Senate record, stating, "Kelly will bring her experience in business and Washington to reduce red tape, unleash opportunity for our small businesses to grow, innovate, and thrive." Loeffler was initially considered for the position of Agriculture Secretary.
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Markets
Yes • 50%
No • 50%
Reports from major news outlets such as CNN, BBC, or the New York Times
No • 50%
Yes • 50%
Official statement from Kelly Loeffler or confirmation from major news outlets
Tax Incentives • 25%
Other • 25%
Regulatory Changes • 25%
Loan Programs • 25%
Official announcements from the SBA or detailed reports from major news outlets
Reducing Red Tape • 25%
Innovation Support • 25%
Small Business Loans • 25%
Other • 25%
Official statements from the SBA or Kelly Loeffler, or reports from major news outlets
Confirmed • 33%
Rejected • 33%
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Official announcements from the U.S. Senate or major news outlets