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Response to kentuck (Reply #12)

Sun Nov 20, 2016, 05:47 PM

14. Some billionaire investor is being considered for that job

Businessman Wilbur Ross is a leading contender for commerce secretary

By Phil Mattingly and Matt Egan
NEW YORK (CNNMoney) -- Billionaire investor Wilbur Ross is a leading contender to be President-elect Donald Trump's commerce secretary, an official familiar with the transition process told CNN.

Ross, 78, a renowned distressed debt investor, met with Trump Sunday at the New York billionaire's Bedminster, New Jersey golf course. Trump, asked before the meeting if he was considering Ross for the position, told reporters: "That's what we're looking for."

The commerce secretary, a cabinet-level position that requires Senate confirmation, typically serves as the government's chief business advocate. The commerce secretary is a liaison between companies and the White House.

The official cautioned that no final decision had been made, but made clear that Ross is, at this point, is being considered very seriously.


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