Wilbur Ross, the billionaire investor considered the “king of bankruptcy” for buying beaten-down companies with the potential to deliver profits, is expected to be President-elect Donald Trump’s choice for commerce secretary, two officials with knowledge of the decision said. Ross helped shape the Trump campaign’s economic agenda, particularly its hard-line stance on the need to renegotiate – or withdraw from – free trade agreements.

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Topics:  Maine   Cumberland County   Portland   
BING NEWS:
  • Trump expected to name investor Scott Bessent as Treasury secretary pick
    (The Hill) — President-elect Trump is expected to tap hedge fund manager Scott ... as a front-runner for Treasury secretary after billionaire investor John Paulson bowed out of contention ...
    11/22/2024 - 12:25 pm | View Link
  • Trump taps Jewish financier Howard Lutnick as commerce secretary
    President-elect Donald Trump has nominated billionaire financier Howard Lutnick, the co-chair of his transition team, as commerce ... is expected to interview another Jewish billionaire investor ...
    11/18/2024 - 11:31 pm | View Link
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