Linda McMahon Leaves Small Business Administration, Becomes Education Secretary

Linda McMahon no longer serves as Administrator of the Small Business Administration. According to the law firm Paul Hastings, Kelly Loeffler took over as head of the Small Business Administration effective February nineteenth twenty twenty five, while Linda McMahon became Secretary of the United States Department of Education on March third twenty twenty five. Paul Hastings detailed this shift in a December fifteenth twenty twenty five federal regulatory update. Listeners looking for current news about Linda McMahon will find that recent coverage focuses on her role at the Department of Education, not on the Small Business Administration. LAist reports that Education Secretary Linda McMahon recently announced the federal government is resuming collections on defaulted student loans for roughly five point three million borrowers who were already in default before the pandemic pause. She stated that returning the federal student loan portfolio to active repayment would benefit both borrowers and taxpayers, underscoring the administration’s push to normalize student loan operations after years of emergency relief. At the same time, McMahon is facing controversy over an effort to downsize or dismantle the Department of Education. An opinion piece on AOL explains that President Trump and Education Secretary McMahon pursued a plan to cut nearly half of the department’s workforce as a first step toward closing the agency, even though Congress has not authorized such a move and recently maintained funding and staffing. The article reports that more than seven million dollars per month is being spent to keep thousands of affected employees on paid leave while litigation and political battles over these cuts continue. These developments show Linda McMahon now at the center of major education and student loan decisions, while day to day Small Business Administration policy is driven by Administrator Kelly Loeffler. Under Loeffler, the Small Business Administration has launched aggressive audits of the eight a Business Development Program and supported a broader administration effort to roll back what officials describe as costly Biden era regulations affecting small firms, as covered by Crowell and Moring and by recent Small Business Administration and Trump administration announcements. Thank you for tuning in, and be sure to subscribe so you do not miss future updates. 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.