The Senate on Wednesday voted 52-46 to confirm Kelly Loeffler, a former senator from Georgia, as head of the Small Business Administration.
In this capacity, Loeffler will lead a cabinet-level federal agency that supports small businesses by providing capital, counseling and contracting expertise.
Loeffler’s Career Highlights
The Georgia businesswoman briefly served in the Senate after she was appointed by Georgia Gov. Brian Kemp to fill the vacancy created by Sen. Johnny Isakson’s retirement.
Loeffler, who co-chaired President Trump’s second inaugural committee, previously served as senior vice president of investor relations, chief communications officer and chief marketing officer at Intercontinental Exchange, a financial services firm that owns the New York Stock Exchange.
The University of Illinois Urbana-Champaign graduate launched fintech company Bakkt, where she served as its founding CEO.
She is a former co-owner of the Atlanta Dream team of the Women’s National Basketball Association.
Earlier in her career, Loeffler held positions at several automotive and financial services firms, including Toyota Motor Sales USA, Citigroup and William Blair.
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