Small Business Administration – One America News Network

14 people arrested in alleged $25M COVID-19 relief and small business loan fraud scheme

The U.S. Department of Justice (DOJ) has announced that 14 people have been arrested for allegedly stealing over $25 million in COVID-19 relief funds and federal small business loans.

WASHINGTON, DC - JANUARY 20: U.S. President Donald Trump holds up an executive order after signing it during an indoor inauguration parade at Capital One Arena on January 20, 2025 in Washington, DC. Donald Trump takes office for his second term as the 47th president of the United States. (Photo by Anna Moneymaker/Getty Images)

Trump Orders The SBA To Handle Federal Student Loans, Delegates ‘Special Needs’ To HHS

President Donald Trump announced on Friday that the Small Business Administration (SBA) will “immediately” take over the handling of all federal student loans, as opposed to the U.S. Department of Education.

WASHINGTON, DC - MARCH 20: U.S. President Donald Trump stands with Secretary of Education Linda McMahon after signing an executive order to reduce the size and scope of the Education Department during a ceremony in the East Room of the White House on March 20, 2025 in Washington, DC. The order instructs McMahon, former head of the Small Business Administration and co-founder of the World Wrestling Entertainment, to shrink the $100 billion department, which cannot be dissolved without Congressional approval. (Photo by Chip Somodevilla/Getty Images)

Dismantling Education Dept., Shifting Student Loans And Special Needs Oversight

Big news today as President Trump announced that Kelly Loeffler, head of the Small Business Administration, will now oversee student loans, which will be managed through the Department of Education immediately.

LANCASTER, PENNSYLVANIA - OCTOBER 26: SpaceX and Tesla founder Elon Musk speaks during an America PAC town hall on October 26, 2024 in Lancaster, Pennsylvania. (Photo by Samuel Corum/Getty Images)

DOGE Says Children Received $312M In Loans Meant For Small Businesses During COVID Pandemic

The Department of Government (DOGE) revealed that over $300 million in COVID-19 relief loans were granted to children.

Linda McMahon, President Donald Trump’s nominee to be Secretary of Education, testifies during her Senate Health, Education, Labor and Pensions Committee confirmation hearing in the Dirksen Senate Office Building on February 13, 2025 in Washington, DC. McMahon, the former head of World Wrestling Entertainment, is under fire as Trump has announced he plans to eliminate the Department of Education and pass its function to the states. (Photo by Win McNamee/Getty Images)

Former WWE CEO Linda McMahon Confirmed To Lead Education Department

World Wrestling Entertainment (WWE) CEO Linda McMahon has been confirmed by the Senate to lead the education department.

Former administrator of the Small Business Administration Linda McMahon speaks during the last day of the 2024 Republican National Convention at the Fiserv Forum in Milwaukee, Wisconsin, on July 18, 2024. Donald Trump will get a hero's welcome Thursday as he accepts the Republican Party's nomination to run for US president in a speech capping a convention dominated by the recent attempt on his life. (Photo by ANDREW CABALLERO-REYNOLDS / AFP) (Photo by ANDREW CABALLERO-REYNOLDS/AFP via Getty Images)

Trump Appoints Fmr WWE CEO, SBA Administrator Linda McMahon As Education Secretary

Trump announced on Tuesday night that he is appointing Linda McMahon, the former CEO of the World Wrestling Entertainment (WWE) and former administrator of the Small Business Administration (SBA), as the new education secretary.