Former President Donald Trump has selected Kelly Loeffler, a onetime Georgia senator, to lead the Small Business Administration, announcing her nomination through his social media platform Wednesday.
In his statement, Trump highlighted Loeffler’s business background and political experience, emphasizing her potential to “reduce red tape” and create opportunities for small businesses. He praised her commitment to accountability and fiscal responsibility.
Loeffler’s path to this potential appointment comes after a turbulent political career. Appointed to the Senate by Georgia Governor Brian Kemp in 2020, she briefly represented the state before losing a competitive runoff to Democratic Senator Raphael Warnock.
During her short tenure in Congress, Loeffler distinguished herself as a strong Trump ally. She initially planned to contest the 2020 electoral certification but withdrew her objection following the January 6 Capitol events, condemning the violence while maintaining her political allegiance.
Her professional background is notably impressive. Before entering politics, Loeffler served as an executive at a financial services firm in Atlanta and was a co-owner of the WNBA’s Atlanta Dream. Her husband, Jeffrey Sprecher, is the CEO of Intercontinental Exchange, which owns the New York Stock Exchange.
The nomination comes after significant campaign support from Loeffler, who raised millions for Trump during the 2024 race. She notably hosted a campaign debate watch party with Republican National Committee Chair Michael Whatley, an event attended by other prominent Republican figures like Marco Rubio and Elise Stefanik.
To assume the Small Business Administration role, Loeffler will require Senate confirmation. The position was previously held by Linda McMahon during Trump’s first term, who resigned in 2019 to chair a pro-Trump political action committee.
Loeffler’s potential appointment represents another strategic move by Trump to position loyal supporters in key administrative roles, continuing his approach of surrounding himself with trusted political allies.
The nomination signals Trump’s ongoing influence in Republican political circles and his continued effort to shape government agencies through trusted appointments.
