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Related: Editorials & Other Articles, Issue Forums, Alliance Forums, Region ForumsWilbur Ross, Billionaire Investor, Is Said to Be Trumps Commerce Pick- known as 'King of Bankruptcy'
yea, the donald just hates those 'ELITES'...
looks like this mega-donor got a little quid pro quo
WASHINGTON President-elect Donald J. Trump is expected to select as commerce secretary Wilbur Ross, a billionaire investor who became known as the king of bankruptcy for buying, restructuring and selling off steel makers and other fading industrial companies, officials on the transition team said on Thursday.
After choosing national security hard-liners for some of his earliest appointments, Mr. Trump is now turning to a group of ultrawealthy conservatives to help steer administration policy.
In addition to Mr. Ross, a generous contributor to his campaign, Mr. Trump is likely to choose Todd Ricketts, a Republican megadonor who is an owner of the Chicago Cubs and whose father founded TD Ameritrade, to be the deputy commerce secretary, the officials said. And on Wednesday, Mr. Trump said he would name Betsy DeVos, a school choice activist and Republican fund-raiser, as his education secretary.
Mr. Ross, 78, an economic adviser to Mr. Trumps campaign whose fortune is estimated by Forbes to be $2.9 billion, is aligned with Mr. Trump on trade. He says the United States must free itself from the bondage of bad trade agreements, and he has advocated threats of steep tariffs on Chinese goods. Mr. Ross, the chairman of the private equity firm WL Ross & Company, has also pressed for cutting the corporate tax rate to 15 percent, from 35 percent, and reducing taxes and regulations on energy companies.
After choosing national security hard-liners for some of his earliest appointments, Mr. Trump is now turning to a group of ultrawealthy conservatives to help steer administration policy.
In addition to Mr. Ross, a generous contributor to his campaign, Mr. Trump is likely to choose Todd Ricketts, a Republican megadonor who is an owner of the Chicago Cubs and whose father founded TD Ameritrade, to be the deputy commerce secretary, the officials said. And on Wednesday, Mr. Trump said he would name Betsy DeVos, a school choice activist and Republican fund-raiser, as his education secretary.
Mr. Ross, 78, an economic adviser to Mr. Trumps campaign whose fortune is estimated by Forbes to be $2.9 billion, is aligned with Mr. Trump on trade. He says the United States must free itself from the bondage of bad trade agreements, and he has advocated threats of steep tariffs on Chinese goods. Mr. Ross, the chairman of the private equity firm WL Ross & Company, has also pressed for cutting the corporate tax rate to 15 percent, from 35 percent, and reducing taxes and regulations on energy companies.
http://www.nytimes.com/2016/11/24/us/politics/wilbur-ross-commerce-trump.html
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Wilbur Ross, Billionaire Investor, Is Said to Be Trumps Commerce Pick- known as 'King of Bankruptcy' (Original Post)
spanone
Nov 2016
OP
JHan
(10,173 posts)1. Don the Con
uponit7771
(90,353 posts)2. Dputins Band Of Bigoted Bastards shaping up to be a nightmare
winstars
(4,220 posts)3. Crazy Betsy Ross McCaughey on CNN is his ex wife... Both are SCUM!!!