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Wilbur Ross Steps Up as Trump’s Commerce Secretary


February, 28 2017
watermark Economic news

The US Senate has already confirmed the appointment of billionaire Wilbur Ross as US Commerce Secretary. Ross’s nomination for the position has been approved by the Senate, 72-27, at Washington. D.C. last Monday evening. Ross is set to be officially sworn in this coming Tuesday at the White House. During his term as Commerce Secretary, Ross is expected to do good on the administration’s promise to prioritize NAFTA and become level with China, a nation known for its highly-protectionist trading policies.


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Foreign exchange trading carries a high risk of losing money due to leverage and may not be suitable for all investors. Before deciding to invest your money, you should carefully consider all the features associated with Forex, as well as your investment objectives, level of experience, and risk tolerance.