Former SBA Head Linda McMahon Now Serves as U.S. Secretary of Education

Linda McMahon is no longer the Administrator of the Small Business Administration. As of February 19, 2025, Kelly Loeffler became the head of the SBA, according to information from the Daily Financial Regulation Update published on July twenty-one. Linda McMahon now serves as the United States Secretary of Education, having assumed that role on March third. There have been no recent headlines or announcements in the past few days naming Linda McMahon in connection with the SBA, its current decisions, or major policy activity involving small business programs. However, the Small Business Administration itself has made several headlines this week, mainly centered around calls from lawmakers to modernize its information technology practices. Representative Gil Cisneros and Representative Brian Jack introduced bipartisan legislation aiming to address vulnerabilities in the SBA’s IT systems. The bill directs the agency to produce detailed plans for upgrading its technology and to deliver updates to Congress on these efforts within one hundred eighty days of the bill's passage. This comes on the heels of a critical GAO report which highlighted delays and inadequate risk management in the SBA's Unified Certification Platform, a program designed to ease small business access to government contracts. Lawmakers and government watchdogs have pressed that the SBA must respond more efficiently and transparently to these challenges in order to better support America’s small businesses. Another recent development involving the SBA is an ongoing data sharing agreement with the Department of Homeland Security and the Federal Emergency Management Agency. The agencies announced their intention to reestablish a computer matching program that compares records to help connect disaster survivors with financial aid, prevent duplicative assistance, and provide real-time updates on the status of SBA loans. The current agreement is set to expire in late August, and a new plan would extend this collaboration for another eighteen months. Public feedback on this proposal is being solicited through August twenty-first. While these news items are significant for the small business community, Linda McMahon’s involvement as SBA administrator is not part of these current stories, as she has moved on to a different cabinet position. Thank you for tuning in, and remember to subscribe. This has been a Quiet Please production, for more check out quiet please dot ai. For more http://www.quietplease.ai Get the best deals https://amzn.to/3ODvOta This content was created in partnership and with the help of Artificial Intelligence AI.