Confirmation of Kelly Loeffler as SBA Administrator
Former Sen. Kelly Loeffler, Trump's SBA pick, passed a key procedural vote in the Senate, clearing the path for her final confirmation vote. She plans to donate her federal salary to charities if confirmed.
Key Points
- Passed key procedural vote in the Senate
- Net worth estimated at $1 billion
- Previous donations to Georgia charities and nonprofits
- Sparring with Sen. Edward Markey over federal funding freeze
Pros
- Plans to donate federal salary to charities
- Experience in private sector and financial firms
Cons
- Controversy over Trump administration's freeze on federal funds