Billionaire Investor Wilbur Ross Confirmed As Commerce Secretary

http://wealthx.com/articles/2017/billionaire-investor-wilbur-ross-confirmed-as-commerce-secretary/

The Senate confirmed Wilbur L. Ross, the billionaire investor, as commerce secretary on Monday, installing a key leader for the Trump administration’s plans to overhaul trade deals such as the North American Free Trade Agreement.

 

By a vote of 72 to 27, the Senate confirmed Mr. Ross, who has already been advising President Trump on economic policy and helping him to craft ways to rewrite the tax code. A renegotiation of Nafta is expected to be Mr. Ross’s top priority when he takes over the job. During his confirmation hearing in January, he warned that “all aspects” of the agreement between the United States and its northern and southern neighbors are on the table.

 

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