News, Politics

Donald Trump’s SBA nominee gave $7M to support him

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President-elect Donald Trump’s nominee to run the Small Business Administration gave millions to support his presidential campaign – including a recently unveiled $1 million gift weeks before the election.

Linda McMahon, the former CEO of World Wrestling Entertainment, made the $1 million gift to a super PAC subsidized by the Ricketts family and gambling club incredibly wealthy person Sheldon Adelson toward the beginning of October, as indicated by filings with the Federal Election Commission late Thursday.

The super PAC, Future 45, was renewed as a pro-Trump committee of trustees in early fall by the Ricketts, who prior to the race bolster hostile to Trump endeavors, and by Adelson, who sat out the Republican primary.

One of the Ricketts kin, Cubs co-owner Todd Ricketts, has been named by Trump as deputy commerce secretary.

Linda McMahon picked to lead SBA

McMahon’s latest donation brings her total contributions to pro-Trump super PACsthis election to $7 million, making her one of the biggest contributors in support of Trump. She had already given $6 million in August and September to Rebuilding America Now, another super PAC that bolstered Trump’s crusade.

Super PACs are a kind of battle board of trustees that are permitted to raise boundless totals of cash from Americans for political purposes if they don’t specifically facilitate with official candidate campaigns.

 

The WWE co-founder was named for this week to serve as the head of the SBA. She started the pro wrestling franchise with her husband, Vince McMahon, yet ventured down from her part in the organization in 2009.

She ran unsuccessfully for Senate twice in Connecticut, in 2010 and 2012.

It is normal for presidents to reward best reward top donors with plum posts in the administration, particularly ambassadorships.

Current Commerce Secretary Penny Pritzker is a tycoon agent who was a noteworthy patron of President Barack Obama, serving as fund administrator for his 2008 crusade

Trump has drawn vigorously from the billionaire and millionaire class for his Cabinet. Notwithstanding McMahon and Ricketts, Trump has tapped his finance chairman and financier Steven Mnuchin as treasury secretary, billionaire investor and donor Wilbur Ross for commerce secretary, billionaire, and GOP donor Besty DeVos as education secretary and millionaire fast food CEO Andrew Puzder as labor secretary.

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