Former Wrestling Executive Linda McMahon Confirmed To Lead SBA

Senate Majority Leader Mitch McConnell of Kentucky says McMahon will "prioritize growing jobs over growing government bureaucracy" and calls that a welcome change from Washington.

McMahon served as the chief executive officer at World Wrestling Entertainment Inc. before stepping down to run twice for the Senate in Connecticut. She lost both races despite spending some $100 million.

The two Democrats who defeated her — Richard Blumenthal and Chris Murphy — backed her nomination to lead the Small Business Administration.

McMahon helped WWE grow from about a dozen employees into an enterprise with more than 800.