PoliticsU.S.

Wilbur Ross sworn in as U.S. secretary of commerce

posted by Reuters 0 comments
wilbur ross - citizen slant
Wilbur Ross stands after being sworn in as Secretary of Commerce in Washington, DC, U.S. February 28, 2017. REUTERS/Joshua Roberts

Billionaire investor Wilbur Ross was sworn in as U.S. commerce secretary on Tuesday after helping shape Republican President Donald Trump’s opposition to multilateral trade deals.

Vice President Mike Pence administered the oath of office to Ross, 79, a day after the U.S. Senate voted to confirm the corporate turnaround expert’s nomination, with strong support from Democrats.

Ross is set to become an influential voice in Trump’s economic team and was expected to start work on renegotiating trade relationships with China and Mexico.

While commerce secretaries rarely take the spotlight in Washington, Ross is expected to play an outsize role in pursuing Trump’s campaign pledge to slash U.S. trade deficits and bring manufacturing jobs back to America.

Some Democrats criticized Ross as another billionaire in a Trump Cabinet that says it is focused on the working class and for being a “vulture” investor who has eliminated some jobs. Reuters reported last month that Ross’s companies had shipped some 2,700 jobs overseas since 2004.

(Reporting by David Lawder and Doina Chiacu; Editing by Bill Trott)

Read the original post from Reuters here.

Copyright 2017. Thomson Reuters. Click for Restrictions.

You may also like

Leave a Comment