Monday, November 28, 2016

Business Insider: With Trump's commerce and treasury picks, it's looking like business as usual in Washington


During his campaign, Donald Trump told voters that he would apply the lessons of business to running a government. As president-elect he has begun tapping wealthy tycoons to join his economic team, reflecting his faith in private-sector experience - and the approach of past Republican and Democratic administrations in filling these posts.

Reporting on Mr. Trump’s cabinet picks concur on the likely nomination as commerce secretary of Wilbur Ross, who chairs a private equity firm and is estimated by Forbes to be worth $2.9 billion. Mr. Ross was an adviser and fundraiser for Trump’s campaign and has echoed his hostility to “bad trade agreements.”

The New York Times reports that Trump may appoint as deputy commerce secretary another billionaire Republican donor, Todd Ricketts, owner of the Chicago Cubs. The current commerce secretary, Penny Pritzker, is a billionaire and a prominent funder of Obama’s presidential campaigns....
http://www.csmonitor.com/USA/Politics/2016/1125/With-Trump-s-Commerce-Treasury-picks-will-it-be-business-as-usual


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