The Small Business Administration said it will relocate six of its regional offices in so-called "sanctuary cities," part of a broader Trump administration effort to crack down on cities that it deems have immigrant-friendly policies.
Mike Macans is one of an unknown number of Small Business Administration employees who were fired, unfired and fired again as part of the Trump administration's deep cuts to the federal workforce.
The U.S. Senate has confirmed Kelly Loeffler, a Georgia businesswoman and former senator, to lead the Small Business Administration. The Senate approved Loeffler on a 52-46 vote Wednesday.
McMahon has a limited background in education, and a long career as a business executive. She'd be stepping into an agency the president hopes to dissolve.
Former Georgia U.S. Sen. Kelly Loeffler has been announced as President-elect Donald Trump’s choice to lead the Small Business Administration. Trump made the announcement Wednesday night on his social media site Truth Social, citing her business background and her help to “secure the Big Election Win in Georgia!”
The U.S. launched the Paycheck Protection Program in April 2020 to save jobs and businesses from the worst effects of the pandemic. Today on the show, a post-mortem on the controversial program and whether it fulfilled its objective. Also, we hear from one company that voluntarily paid back its PPP loan — with interest — even though it could have qualified for forgiveness.
The employees' alleged actions were outside of their work responsibilities and do not involve Wells Fargo's customers, the company said. The bank says it's cooperating with law enforcement.
