(Washington, DC)—Senate Committee on Small Business & Entrepreneurship Ranking Member Ben Cardin (D-Md.) today issued the following statement after Small Business Administration (SBA) Administrator Linda McMahon announced her resignation:

“Small businesses are the growth engine of the American economy, but unfortunately, they are too often overlooked and forgotten.  In her two years leading the Small Business Administration, Linda McMahon has been a champion for America’s small businesses within the Trump Administration and I thank her for her service. 

“Few events have the capacity to disrupt or destroy a small business like a natural disaster, and I will always be grateful to Administrator McMahon for swiftly mobilizing SBA resources following the devastating flood in Ellicott City last year.  I saw first-hand how important SBA’s support was for the Maryland small business owners who were recovering from the second historic flood in as many years.

“As the Ranking Member of the Small Business Committee, my primary focus going forward is ensuring that the vital programs administered by SBA remain functional until a new Administrator is appointed.  My hope is that President Trump will nominate a successor who is as committed to advocating for America’s small businesses as Administrator McMahon was."