Wilbur Ross seen as Trump pick for Commerce Department: WSJ

EghtesadOnline: President-elect Donald Trump is expected to select Wilbur Ross Jr as secretary of the Commerce Department, the Wall Street Journal reported on Wednesday, citing two people familiar with the deliberations.

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24 November 2016

Ross, 78, is the billionaire chairman of private equity firm W.L. Ross & Co, which is known for buying up failed companies, Reuters reported.