Trump announces Linda McMahon's replacement for Small Business Administration
{{#rendered}} {{/rendered}}President Trump on Thursday said he would be nominating Jovita Carranza to head the Small Business Administration (SBA). (AP Photo/Jacquelyn Martin)
President Trump on Thursday said he would be nominating Jovita Carranza to head the Small Business Administration (SBA).
Trump’s announcement comes nearly a week after SBA Administrator Linda McMahon revealed she would be stepping down from the position.
“I am pleased to announce that Jovita Carranza will be nominated as the new @SBAgov Administrator,” Trump tweeted. “She will be replacing Linda McMahon, who has done an outstanding job. Jovita was a great Treasurer of the United States – and I look forward to her joining my Cabinet!”
{{#rendered}} {{/rendered}}LINDA MCMAHON SAYS SHE’LL STEP DOWN AS HEAD OF SMALL BUSINESS ADMINISTRATION
In her role at the Treasury Department, Carranza acts “as a principal advisor to Secretary [Steven] Mnuchin,” according to their website.
She also previously held the deputy administrator position at the SBA during former President George W. Bush’s time in office, the department said.
{{#rendered}} {{/rendered}}McMahon tweeted following word of the nomination, saying she thought Carranza would “make a wonderful” SBA administrator.
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“I know her well and I am a huge fan. She is an effective leader, and she is a strong supporter of our nation’s small businesses. Congratulations, Jovita!”
{{#rendered}} {{/rendered}}McMahon previously said her resignation would go into effect on April 12.
Carranza's nomination must now be approved by the Senate.
The Associated Press contributed to this report.