Wilbur Louis Ross Jr. (born November 28, 1937) is an American investor and the current United States Secretary of Commerce. On November 30, 2016, then-President-elect Donald Trump announced that he would nominate Ross for that post. On February 27, 2017, the Senate confirmed him in a 72–27 vote. He was sworn into office on February 28, 2017.
Before he was appointed, Ross was a banker known for acquiring and restructuring failed companies in industries such as steel, coal, telecommunications, and textiles, later selling them for a profit after operations improved, a record that had earned him the moniker "King of Bankruptcy".Ross had been a Democrat until he registered as a Republican in November 2016.
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Wilbur Ross confirmed as Trump's commerce secretary despite Russia questions
A crucial player in President Trump's trade agenda will finally be allowed to get on the field.Democrats had demanded Ross explain his connections to Viktor Vekselberg, a Bank of Cyprus shareholder who is described as a friend to Russian President Vladimir Putin.
'The 1 Percent Is Being Picked On For Political Reasons'
Take heart, downtrodden rich people of America: Another famous rich guy has heard your cries of persecution and is joining the small but growing 1st Percent Defense Brigade. Billionaire bottom-feeder Wilbur Ross on Tuesday declared that "the ...