Kelly Loeffler sworn in as Small Business Administration administrator nominee before Senate committee

The Senate Committee on Small Business and Entrepreneurship convened on January 29, 2025, to hear the opening statement of Kelly Loeffler, President Trump's nominee for the position of Small Business Administration (SBA) Administrator. The meeting began with the traditional swearing-in of the nominee, where Loeffler affirmed her commitment to tell the truth and to provide information to Congress as requested.

In her opening remarks, Loeffler expressed her gratitude for the opportunity to serve America's 34 million small businesses, emphasizing her belief that small businesses are vital to the American economy. She highlighted their role as job creators, stating that they account for 99% of all businesses and create two out of every three new jobs. Loeffler praised President Trump's previous efforts to support small businesses through tax cuts, deregulation, and trade deals, which she claimed resulted in significant job creation and economic growth.

Loeffler shared her personal background, detailing her experiences growing up on a family farm and her journey as a small business owner. She underscored her commitment to advocating for small businesses, particularly during the challenges posed by the COVID-19 pandemic. She recounted her efforts to assist local entrepreneurs in navigating relief programs, citing a specific example of helping a seafood restaurant in Georgia secure funding that saved jobs.

Addressing the challenges faced by small businesses, Loeffler pointed to issues such as inflation, regulatory complexity, and workforce shortages. She pledged to leverage her business experience to reduce red tape, enhance accountability within the SBA, and focus on delivering results for small business owners. Loeffler also committed to addressing disaster relief needs and ensuring that taxpayer dollars are effectively utilized to foster economic growth.

In conclusion, Loeffler reiterated her dedication to empowering small businesses and restoring the SBA's founding mission. She expressed her desire to collaborate with both government and private sectors to meet the evolving needs of entrepreneurs across the nation. The committee members were invited to ask questions, as Loeffler sought their support for her nomination.