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Jovita Carranza Nominated for SBA Administrator

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President Trump plans to nominate Jovita Carranza, treasurer at the Department of the Treasury, to become administrator of the Small Business Administration, Reuters reported Friday.

Once confirmed, Carranza will succeed Linda McMahon, co-founder of World Wrestling Entertainment.

“Jovita was a great Treasurer of the United States, and I look forward to her joining my Cabinet,” Trump said through a tweet.

Previously, Carranza spent 20 years with the United Parcel Service and worked as a deputy administrator at SBA from 2006 through 2009. She is also the co-founder of JCR Group and is a member of several organizations including the Illinois Enterprise Zone Advisory Board and the American Cancer Society Corporate Advisory Board.