SBA Administrator Kelly Loeffler discusses the private sector backgrounds of cabinet members in the current administration compared to the Biden administration.
“I think we have an average of 13 to 15 years business experience where the Biden administration had an average of Two years of private sector experience.”
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More from Kelly Loeffler
Disclosure
Loeffler: SBA Cut Headcount by 53% and Canceled $3B in Contracts
“I've cut my own agency's headcount by 53%. That's about three hundred million a year just in salary and expense. We've cut three billion dollars of contract, needless contracts out of their”
Kelly LoefflerMar 13, 2026▶ 17:39Exposing a Billion Dollar Fraud Scandal (Using Palantir) · Joe Lonsdale
AssertionContradicted
Loeffler: Biden Administration Tried to Forgive $200B in Pandemic Loans
“The Biden administration tried to forgive those loans, sweep it under the rug to the tune of about two hundred billion dollars.”
Kelly LoefflerMar 13, 2026▶ 16:59Exposing a Billion Dollar Fraud Scandal (Using Palantir) · Joe Lonsdale
AssertionPartly supported
Loeffler: SBA revoked USAID authority over a $700M migration study contract
“Well, yeah, and the SBA earlier last year had to remove USAID's contracting authority because they were blowing out these programs. Eight programs for seven hundred million dollars for one contract to detect the root causes of migration into the United States.…”
Kelly LoefflerMar 13, 2026▶ 27:38Exposing a Billion Dollar Fraud Scandal (Using Palantir) · Joe Lonsdale
AssertionSupported
Loeffler: SBA Uncovered $9B in COVID Fraud in California, $430M in Minnesota
“Turns out, four hundred and thirty million dollars of fraud in Minnesota. Then we go to California, nine billion dollars of COVID era fraud.”
Kelly LoefflerMar 13, 2026▶ 17:17Exposing a Billion Dollar Fraud Scandal (Using Palantir) · Joe Lonsdale
AssertionPartly supported
Loeffler: IG Report Found Overseas IP Addresses Obtained PPP Loans
“So we had an Inspector General report that said there were hundreds of people from overseas IP addresses that were getting PPP loans.”
Kelly LoefflerMar 13, 2026▶ 18:21Exposing a Billion Dollar Fraud Scandal (Using Palantir) · Joe Lonsdale
AssertionSupported
Loeffler: SBA Removed 150 D.C.-Based Businesses from 8(a) Program
“We just removed a 150 Washington D.C. Based So-called small disadvantaged businesses from the program, because they were neither small nor disadvantaged, but they were Washington cronies.”
Kelly LoefflerMar 13, 2026▶ 21:24Exposing a Billion Dollar Fraud Scandal (Using Palantir) · Joe Lonsdale
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