Connect with us

Hi, what are you looking for?

Investing

Trump picks Billy Long to head IRS, Kelly Loeffler to lead SBA in latest nominations

President-elect Trump announced Wednesday he is nominating former Missouri Rep. Billy Long to serve as commissioner of the Internal Revenue Service (IRS) in his new administration.

In a statement released Wednesday, Trump called the former congressman ‘an extremely hard worker, and respected by all, especially by those who know him in Congress.’ The president-elect also referenced Long’s experience working as a tax adviser.

‘Billy brings 32 years of experience running his own businesses in Real Estate and, as one of the premier Auctioneers in the Country,’ the Republican leader wrote in a Truth Social post. ‘He then served 12 years in Congress, because he ‘felt it was important for his constituents to have a Representative who has signed the front of a check’!

‘Taxpayers and the wonderful employees of the IRS will love having Billy at the helm. He is the consummate ‘people person,’ well respected on both sides of the aisle. Congratulations Billy!’

Trump soon followed his announcement by naming former Sen. Kelly Loeffler, R-Ga., to head the Small Business Administration (SBA). The purpose of the SBA is to provide small businesses with access to resources such as loans, government contracts and business counseling.

‘Small Businesses are the backbone of our Great Economy. Kelly will bring her experience in business and Washington to reduce red tape, and unleash opportunity for our Small Businesses to grow, innovate, and thrive,’ Trump’s Truth Social post said. ‘She will focus on ensuring that SBA is accountable to Taxpayers by cracking down on waste, fraud, and regulatory overreach.’

Trump called Loeffler, a longtime ally and a co-chair of his inaugural committee, a ‘tremendous fighter’ and cited her success in business.

‘Prior to her tenure in the U.S. Senate, Kelly built a 25-year career in financial services and technology,’ Trump’s statement said. ‘Along with her amazing husband, Jeff, she helped build a Fortune 500 company from 100 employees to over 10,000, as Executive VP. She and Jeff also helped me secure the Big Election Win in Georgia!’

In the first two years of Trump’s first administration, the SBA was led by Linda McMahon, who resigned in 2019. Trump tapped McMahon, the former CEO of WWE, to serve as secretary of education in November.

This post appeared first on FOX NEWS

Enter Your Information Below To Receive Free Trading Ideas, Latest News And Articles.






    Your information is secure and your privacy is protected. By opting in you agree to receive emails from us. Remember that you can opt-out any time, we hate spam too!

    World biggest companies

    You May Also Like

    Economy

    Top 15 Richest Self-made Men from 2000 to 2023 Welcome to our video showcasing the wealth evolution of the top 15 richest self-made men...

    Investing

    Israel carried out limited strikes in Iran early Friday in retaliation for Tehran firing a barrage of missiles and drones at Israel last Saturday....

    Latest News

    At least 21 people were killed, including two children, when a passenger bus plunged from a bridge in Mestre, Italy, near Venice on Tuesday,...

    Latest News

    Israel and Hamas have reached a deal for a four-day pause in fighting and the release of at least 50 women and children held...

    Disclaimer: Tradetalkslive.com, its managers, its employees, and assigns (collectively “The Company”) do not make any guarantee or warranty about what is advertised above. Information provided by this website is for research purposes only and should not be considered as personalized financial advice. The Company is not affiliated with, nor does it receive compensation from, any specific security. The Company is not registered or licensed by any governing body in any jurisdiction to give investing advice or provide investment recommendation. Any investments recommended here should be taken into consideration only after consulting with your investment advisor and after reviewing the prospectus or financial statements of the company.


    Copyright © 2023 tradetalkslive.com