Political Quotes

On the recordFebruary 14, 2017
Mr. President, Congress created the Small Business Administration in 1953 to ``aid, counsel, assist and protect, insofar as is possible, the interests of small business concerns.'' The SBA now provides financial assistance, help with Federal contract procurement, and management assistance. The agency makes specialized outreach to women, minorities, and veterans. SBA also provides loans to victims of natural disasters and specialized advice and assistance in international trade. The President has nominated Linda McMahon to run the SBA. Mrs. McMahon and her husband founded Titan Sports in 1980. The business grew dramatically under their leadership. Mrs. McMahon became president in 1993 and CEO of the company in 1997. The company became World Wrestling Entertainment and then simply WWE. Unfortunately, the McMahons appear to have grown their business at least in part using business practices that disadvantaged their employees. The Connecticut Post and the Hartford Courant reported that WWE did not offer its wrestlers health insurance, as McMahon argued the company's wrestlers were independent contractors. And the Connecticut Post reported that Connecticut audited McMahon's company to determine if WWE improperly classified employees as independent contractors. An investigation led by Representative Henry Waxman found that McMahon's WWE did not do enough to prevent steroid use.…
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Chris Van Hollen
Democratic · Maryland

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