Thursday, December 8, 2016

WORLD | Trump chooses former WWE exec McMahon for small business

Linda McMahon talks with reporters after a meeting with President-elect Donald Trump at Trump Tower, Wednesday, Nov. 30, 2016, in New York. AP/Evan Vucci | By Susan Haigh and Julie Bykowicz via Associate Press

McMahon and her husband, Vince, founded and built World Wrestling Entertainment Inc., now a publicly traded sports entertainment company. She stepped down as the company's chief executive in 2009 and earlier this year launched a joint venture, Women's Leadership LIVE, which promotes opportunities for women in business and public service.

She also poured $100 million of her fortune into two unsuccessful bids for a U.S. Senate seat in Connecticut in 2010 and 2012 and has become an influential Republican donor — including to the Trump campaign.

"Linda is going to be a phenomenal leader and champion for small businesses and unleash America's entrepreneurial spirit all across the country," Trump said in a statement Wednesday.
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Trump said McMahon shares his vision of decreasing "burdensome regulations that are hurting our middle-class workers and small businesses."

"As an entrepreneur myself, I have shared the experiences of our nation's small business owners and will do my best to advocate on their behalf," McMahon, 68, said in a statement. "My husband and I built our business from scratch, building it to a publicly traded global enterprise with more than 800 employees."

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