Kelly Loeffler is a prominent business executive and philanthropist who served as a senator from Georgia for two years. (Dustin Chambers/Reuters)
Loeffler, whose net worth is estimated at roughly $1 billion, previously donated her annual Senate salary of $174,000 between 2019 and 2021 to more than 40 Georgia charities and nonprofits.
Those organizations included food banks, faith groups and organizations opposed to abortion, foster care/adoption groups as well as organizations promoting health care, agriculture, education, law enforcement and disaster relief.
Loeffler also sparred with Sen. Ed Markey, D-Mass, during her confirmation hearing over the Trump administration’s announcement that it would freeze federal funds and grants.
On Jan. 27, the Office of Management and Budget released a memo ordering a pause on all federal grants and loans aiming to eradicate "wokeness" and the "weaponization of government" to improve government efficiency.
LEAVITT PUSHES BACK ON MEDIA'S ‘UNCERTAINTY’ ABOUT FEDERAL FUNDING FREEZE
Small Business Administration nominee Kelly Loeffler, whose net worth is estimated at roughly $1 billion, previously donated her annual Senate salary of $174,000 between 2019 and 2021 to more than 40 Georgia charities and nonprofits. (Rod Lamkey, Jr./The Associated Press)
The White House pulled the memo on Jan. 29, but White House Press Secretary Karoline Leavitt said that the move didn’t equate a "recission of the federal funding freeze."
Markey asked Loeffler whether she believed the move was lawful or not, amid concerns from members of Congress that the Trump administration attempted to circumvent Congress and withhold funds.
"I fully agree with President Trump’s decision to stop wasteful spending," Loeffler told Markey. "It resulted in a landslide victory that many Americans were waiting for relief against excessive government spending."
Fox News’ Paul Steinhauser contributed to this report.
Diana Stancy is a politics reporter with Fox News Digital covering the White House.
https://www.foxnews.com/politics/trumps-small-business-administration-nominee-advances-senate-floor