You are here: Home » News-IANS » Politics
Business Standard

Trump selects US Treasury, Commerce secretary

IANS  |  New York 

President-elect Donald Trump officially confirmed that he has selected Steven Mnuchin to be the next Treasury Secretary and Wilbur Ross to serve as Commerce Secretary, media reports said.

"This team will be instrumental in implementing the president-elect's America First economic plan that will create more than 25 million jobs over the next decade," Efe news agency quoted Trump's transition team as saying in a press release.

The US president-elect also said he intended to nominate Todd Ricketts, a co-owner of Chicago Cubs baseball franchise, for the position of Deputy Commerce Secretary.

"Steve Mnuchin is a world-class financier, banker and businessman, and has played a key role in developing our plan to build a dynamic, booming economy that will create millions of jobs," Trump said in the release.

Mnuchin served as Trump's national finance chairman during Trump's Presidential campaign.

Trump also hailed Ross, a billionaire investor, as a great negotiator and an expert in putting companies on a path to success.

"Wilbur knows that cutting taxes for working families, reducing burdensome government regulations and unleashing America's energy resources will strengthen our economy at a time when our country needs to see significant growth," the press release said.

--IANS

vgu/

(This story has not been edited by Business Standard staff and is auto-generated from a syndicated feed.)

RECOMMENDED FOR YOU

Trump selects US Treasury, Commerce secretary

President-elect Donald Trump officially confirmed that he has selected Steven Mnuchin to be the next Treasury Secretary and Wilbur Ross to serve as Commerce Secretary, media reports said.

President-elect Donald Trump officially confirmed that he has selected Steven Mnuchin to be the next Treasury Secretary and Wilbur Ross to serve as Commerce Secretary, media reports said.

"This team will be instrumental in implementing the president-elect's America First economic plan that will create more than 25 million jobs over the next decade," Efe news agency quoted Trump's transition team as saying in a press release.

The US president-elect also said he intended to nominate Todd Ricketts, a co-owner of Chicago Cubs baseball franchise, for the position of Deputy Commerce Secretary.

"Steve Mnuchin is a world-class financier, banker and businessman, and has played a key role in developing our plan to build a dynamic, booming economy that will create millions of jobs," Trump said in the release.

Mnuchin served as Trump's national finance chairman during Trump's Presidential campaign.

Trump also hailed Ross, a billionaire investor, as a great negotiator and an expert in putting companies on a path to success.

"Wilbur knows that cutting taxes for working families, reducing burdensome government regulations and unleashing America's energy resources will strengthen our economy at a time when our country needs to see significant growth," the press release said.

--IANS

vgu/

(This story has not been edited by Business Standard staff and is auto-generated from a syndicated feed.)

image
Business Standard
177 22

Trump selects US Treasury, Commerce secretary

President-elect Donald Trump officially confirmed that he has selected Steven Mnuchin to be the next Treasury Secretary and Wilbur Ross to serve as Commerce Secretary, media reports said.

"This team will be instrumental in implementing the president-elect's America First economic plan that will create more than 25 million jobs over the next decade," Efe news agency quoted Trump's transition team as saying in a press release.

The US president-elect also said he intended to nominate Todd Ricketts, a co-owner of Chicago Cubs baseball franchise, for the position of Deputy Commerce Secretary.

"Steve Mnuchin is a world-class financier, banker and businessman, and has played a key role in developing our plan to build a dynamic, booming economy that will create millions of jobs," Trump said in the release.

Mnuchin served as Trump's national finance chairman during Trump's Presidential campaign.

Trump also hailed Ross, a billionaire investor, as a great negotiator and an expert in putting companies on a path to success.

"Wilbur knows that cutting taxes for working families, reducing burdensome government regulations and unleashing America's energy resources will strengthen our economy at a time when our country needs to see significant growth," the press release said.

--IANS

vgu/

(This story has not been edited by Business Standard staff and is auto-generated from a syndicated feed.)

image
Business Standard
177 22

Upgrade To Premium Services

Welcome User

Business Standard is happy to inform you of the launch of "Business Standard Premium Services"

As a premium subscriber you get an across device unfettered access to a range of services which include:

  • Access Exclusive content - articles, features & opinion pieces
  • Weekly Industry/Genre specific newsletters - Choose multiple industries/genres
  • Access to 17 plus years of content archives
  • Set Stock price alerts for your portfolio and watch list and get them delivered to your e-mail box
  • End of day news alerts on 5 companies (via email)
  • NEW: Get seamless access to WSJ.com at a great price. No additional sign-up required.
 

Premium Services

In Partnership with

 

Dear Guest,

 

Welcome to the premium services of Business Standard brought to you courtesy FIS.
Kindly visit the Manage my subscription page to discover the benefits of this programme.

Enjoy Reading!
Team Business Standard