Wilbur Ross confirmed as Commerce secretary - News Summed Up

Wilbur Ross confirmed as Commerce secretary


The Senate voted Monday to confirm billionaire investor Wilbur Ross as secretary of commerce in President Trump's Cabinet. Sen. Elizabeth Warren, D-Mass., who voted "nay," had criticized Ross' business ties to Russia and the way he ran a mortgage lender during the housing crisis. He plans to keep making money from his major oil shipping companies while working as Commerce Secretary. At his confirmation hearing, Ross was not asked about business ties to Russia or his work as a mortgage lender, and he did not address the issues. Worth an estimated $2.9 billion, Ross has extensive business ties around the globe.


Source: Fox News February 28, 2017 00:43 UTC



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