SBA Chief Kelly Loeffler Exposes Massive Blue State Loan Fraud - More States Coming
Pod Force One
New York Post
4.8 • 1.1K Ratings
🗓️ 11 March 2026
⏱️ 70 minutes
🧾️ Download transcript
Summary
Transcript
Click on a timestamp to play from that location
| 0:00.0 | Hello and welcome back to Podforce One. I'm Miranda Devine. Joining me today is former senator and current |
| 0:07.8 | small business administrator, Kelly Leffler. Kelly Leffler, thank you for your time and welcome to Podforce One. |
| 0:15.1 | Well, it's a great honor to be with you, Miranda. I've been looking forward to our conversation. |
| 0:19.6 | Yeah, me too. And I mean, you are now at the very |
| 0:23.5 | epicenter of the Trump administration's war on waste, fraud, and abuse. And I think that at the |
| 0:31.4 | small business administration, you've uncovered a lot of it. Tell us what's the worst. |
| 0:36.4 | Well, it's hard to know where to start, but I'll |
| 0:39.2 | start with day one. When we came in, we said we have a zero tolerance policy for fraud and waste |
| 0:45.7 | and abuse. So we started cracking down on all of it from the start. I mean, let's just talk about |
| 0:51.2 | government waste. 90% of our employees had been working from home |
| 0:55.8 | for four years. So we had to get everyone back to the office and make sure that the taxpayers |
| 1:01.1 | and small businesses were getting the services that they so badly deserved, and also that the |
| 1:06.9 | taxpayer's money was being well spent. Well, when we brought everyone back, we found out that |
| 1:11.2 | the agency was massively over staff. I cut headcount by 54% in the first year. And yet we went on to |
| 1:20.4 | set record volume for the agency in its 72-year history. So that's a great example right there of |
| 1:26.1 | just the waste that had happened under the Biden administration. |
| 1:29.4 | It was really bureaucracy run amok. |
| 1:31.9 | And so it was almost like a hiring agency just to keep their voting blocks happy, I guess. |
| 1:40.0 | What the Small Business Administration, what does it actually do? |
| 1:44.7 | Yeah, it's an important question. |
| 1:46.6 | Look, the small business administration is really an agency that is dedicated to the private sector, which is what I love about it. |
| 1:54.9 | And look, our biggest program is providing a government guarantee on small business loans made by local lenders. |
... |
Please login to see the full transcript.
Disclaimer: The podcast and artwork embedded on this page are from New York Post, and are the property of its owner and not affiliated with or endorsed by Tapesearch.
Generated transcripts are the property of New York Post and are distributed freely under the Fair Use doctrine. Transcripts generated by Tapesearch are not guaranteed to be accurate.
Copyright © Tapesearch 2026.

