HomeIndeks

First on Fox: Trump Cabinet nominee Loeffler pledges to donate salary to charity if confirmed

First on Fox: Trump Cabinet nominee Loeffler pledges to donate salary to charity if confirmed



Kelly Loeffler to Donate Federal Salary if Confirmed as SBA Administrator

Kelly Loeffler to Donate Federal Salary if Confirmed as SBA Administrator

EXCLUSIVE: Former Senator Kelly Loeffler, nominated by President Donald Trump to serve as the administrator of the Small Business Administration (SBA), has announced plans to donate her entire federal salary to charity if she is confirmed. Fox News Digital has learned that Loeffler intends to continue her philanthropic efforts, pledging approximately 7,500 a year to charitable causes.

A Charitable Commitment

Loeffler is set to appear before the Senate’s Small Business and Entrepreneurship Committee for her confirmation hearing on Wednesday. If confirmed, she aims to use her position to support various charitable organizations, following a similar path she took during her time in Congress from 2019 to 2021.

During her Senate tenure, Loeffler donated her annual salary of 4,000 to over 40 different charities and nonprofit organizations across Georgia. Her beneficiaries included food banks, faith-based groups, organizations advocating against abortion, and various causes centered around healthcare, education, and disaster relief.

A History of Generosity

Among her notable contributions, Loeffler donated million to Phoebe Putney Hospital in Albany, Georgia, during the height of the COVID-19 pandemic, when the city faced significant challenges as one of the hardest-hit regions in the nation.

This commitment to charity is consistent with Loeffler’s approach over the years. Her generosity is not only reflective of her values but also of her background, as she comes from a family of small business owners and entrepreneurs. Raised in Illinois, she learned the importance of hard work early on while working on her family’s farm.

Business Success and Political Journey

After becoming the first in her family to graduate from college, Loeffler achieved remarkable success in the private sector, transforming a financial services company she and her husband, Jeff, built from the ground up. They expanded the company from 100 employees to 15,000 during its growth.

Loeffler also took on the role of founding CEO of Bakkt, a digital asset platform, and was a co-owner of the WNBA franchise Atlanta Dream. This journey into entrepreneurship led her to develop a strong understanding of the diverse challenges faced by small businesses, which she hopes to address as the SBA administrator.

Political Rise and Challenges

Despite her impressive business background, Loeffler garnered national attention only after entering politics. In late 2019, following the resignation of GOP Senator Johnny Isakson due to health issues, Georgia Governor Brian Kemp appointed Loeffler to fill his unexpired Senate term.

In the November 2020 election, she faced a crowded field but could not secure more than 50% of the vote, ultimately leading to a runoff election against Democrat Raphael Warnock in January 2021, where she narrowly lost.

A Vision for Small Business

As she moves forward with her nomination, Loeffler’s spokeswoman Caitlin O’Dea emphasized her dedication to public service, stating, “Like President Trump, Senator Loeffler left behind a successful career in the private sector to advance the America First agenda. Should she be confirmed, she will continue the practice of donating her federal salary to charities and nonprofits across the country.” O’Dea also highlighted that Loeffler aims to make the Small Business Administration a vital resource for entrepreneurs nationwide.

Conclusion

Kelly Loeffler’s journey from a successful business executive to a political figure underscores the blend of charity and public service. Her commitment to donate her salary, combined with a robust understanding of small business challenges, positions her well for the role of SBA administrator if she is confirmed. As she prepares for her confirmation hearing, many in the business community and beyond will be watching closely to see how her vision for small business unfolds in the coming months.

Exit mobile version