Meanwhile, many of the SBA's EIDL loans are being charged off and considered in default. In 2021, the agency charged off $21.5 million in EIDL loans. In 2022, that grew to $198.2 million. Last year, the agency charged off $52 billion in EIDL loans — about 17% of its portfolio.

President-elect Donald Trump announced several administration picks Saturday who share one thing in common: They all served in his first administration.

The figures are mind-boggling - the men and women who will hold key roles in Donald Trump's record-breaking cabinet have combined net worths of almost $500 billion

Trump announced Stephen Miller as White House Deputy Chief of Staff for Policy, plus the additional role of homeland security adviser. Miller was a senior adviser to Trump during his first administration and one of the architects of some of his most controversial immigration policies, including his family separation program.

Will the Senate GOP confirm controversial picks like Pete Hegseth and RFK Jr.? Here’s this week’s full Senate confirmation hearing schedule.

Trump, in a Friday evening announcement, said that Bill Briggs would serve as the next Deputy Administrator of the U.S. Small Business Administration. If confirmed, Briggs will serve alongside Trump's pick for SBA Administrator, Kelly Loeffler.

Trump also named Luke Lindberg as his pick to serve as undersecretary for trade and foreign agriculture affairs. Lindberg is president and CEO of South Dakota Trade and served as chief of staff and chief strategy officer at the Export-Import Bank during Trump’s first term.

President-elect Trump on Thursday announced multiple nominations just days before his inauguration on Jan. 20. In a series of posts on Truth Social on Thursday afternoon, Trump congratulated his picks.

Even if temporary, the unprecedented shutdown of TikTok is set to have a wide-ranging impact on U.S.-China relations, U.S. politics, the social media marketplace and millions of Americans.

These Georgians will serve key roles in the second Donald Trump administration or see their political clout grow.