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Trump Picks Billionaire Wilbur Ross for Commerce Secretary

HeadlineNov 30, 2016

Trump has also reportedly picked billionaire private equity investor Wilbur Ross to be commerce secretary. Ross specializes in flipping bankrupt companies for profit, often buying the U.S. companies at low prices and then selling them to overseas investors. He and his companies have sometimes shipped jobs and factories overseas—practices Donald Trump has railed against.

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