The head of the Small Business Administration, Linda McMahon, is expected to announce that she is stepping down from the role.
That’s according to a senior administration official who was not authorized to speak publicly about personnel discussions. McMahon’s plans were first reported by Politico.
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McMahon was tapped for the job by President Donald Trump in late 2016. Trump and McMahon were expected to address the press from his Palm Beach estate at 4 p.m. Friday.
McMahon is the former president and CEO of the professional wrestling company World Wrestling Entertainment Inc.
She poured $100 million of her fortune into two unsuccessful bids for a U.S. Senate seat in Connecticut in 2010 and 2012.
