Sen. @RogerWicker Votes to Confirm Wilbur Ross as Commerce Secretary

Sen. @RogerWicker Votes to Confirm Wilbur Ross as Commerce Secretary

Sen. @RogerWicker Votes to Confirm Wilbur Ross as Commerce Secretary

"NAFTA is logically is the first thing for us to deal with", Ross said at the hearing.

Ross says he will help promote American business interests in the USA and overseas.

During a Senate confirmation hearing in January, Ross said the Trump administration would focus on ending trade practices by China and other partners that are unfair to the United States.

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Ross was confirmed on a vote of 72-27, comfortably passing the final stage of his nomination process in comparison to several other members of Donald Trump's cabinet.

At his confirmation hearing, Ross was not asked about business ties to Russian Federation or his work as a mortgage lender, and he did not address the issues.

The figures, which have not previously been disclosed, amount to a small fraction of the USA economy, which sees employment fluctuate by the tens of thousands of jobs each month. "He's made billions off the backs of struggling home owners", Warren said. Ross, 79, a billionaire investor, is expected to play a crucial role in President Donald Trump's plans to change USA trade policy, including renegotiating the North American Free Trade Agreement.

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According to the Wall Street Journal, Mr Ross will maintain a minority stake he holds in a company backed by the Chinese Government, creating another potential conflict of interest. "I am pro-trade. But I am pro-sensible trade, not trade that is detrimental to the American worker and to the domestic manufacturing base".

Ross agreed to divest of almost all of his personal holdings and resigned from dozens of boards and organisations to take the Commerce SEcretary post. The department handles trade issues, working to attract foreign investment to the U.S. The department also oversees agencies that manage fisheries, weather forecasting and the Census Bureau, which will conduct a count in 2020. The 79-year-old Ross is worth an estimated $2.9 billion and has extensive business ties around the world.

Ross led an auto parts company that moved jobs to Mexico, while a textile firm he founded opened a cotton plant in Vietnam that would employ 1,500 workers, said the New York Times.

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