Vice President Pence Swears in Wilbur Ross as US Commerce Secretary

President Donald Trump Commerce Secretary nominee Wilbur Ross and senior advisor Jared Kushner attend a meeting with Senate and House legislators in the Roosevelt Room at the White House

The U.S. Senate confirmed Wilbur Ross as secretary of commerce Monday evening by a 72-27 vote. Ross was confirmed by the U.S. Senate on Monday night. "With Mr Ross now officially in the job, he can start working on his confirmation-hearing promises to prioritise re-negotiating the North American Free Trade Agreement with Mexico and Canada, and level the playing field with China, which Mr Ross called the" most protectionist" major nation. Former commerce secretaries have praised him, including one who served under former president Barack Obama.

As commerce secretary, Mr. Ross has oversight over a number of agencies important to ports, including the International Trade Administration, which promotes USA trade and investment, and the National Oceanic and Atmospheric Administration, which is vital to maritime commerce since its weather service and aids to navigation divisions provide important safety and efficiency programs for mariners.

Ross is notorious for buying failing companies, slashing jobs and selling them off. Ross is expected to be sworn in on Tuesday (28 February). As a private-equity investor, he restructured companies across a range of industries including steel, banking and textiles. President Trump has named Ross the lead administration official.

Lakers Trade Lou Williams To Rockets For Corey Brewer, First-Round Pick
Williams is at the peak of his career with a point average of 18.6 per game and 3-point field goal percentage of.385. Chandler would give a defensive boost, while Gallinari is a better all-around offensive option than Lou Williams .

Bloomberg values his fortune at $3 billion and, in financial disclosures released last month, he revealed assets topping $336 million, including at least $150 million held in bank accounts and an art collection worth more than $50 million. As part of his ethics agreement, Ross will divest from the firm. Nor is Ross' Bank of Cyprus in particular - now probably at least half owned by Russians, as we'll see - any stranger to money laundering, tax dodging, or odious finance.

"The United States Senate and the American public deserve to know the full extent of your connections with Russian Federation and your knowledge of any ties between the Trump Administration, Trump Campaign, or Trump Organization and the Bank of Cyprus", Democratic Senator Cory Booker said in a letter to Ross.

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