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Trump Expected to Pick Billionaire Wilbur Ross for Commerce Secretary

Wilbur Ross, the billionaire investor considered the "king of bankruptcy" for buying beaten-down companies with the potential to deliver profits, is President-elect Donald Trump's choice for commerce secretary, a senior transition official said. The official isn't authorized to publicly discuss the matter and requested anonymity. Trump met with Ross on Sunday at his New Jersey golf club. Reputed by Forbes to be worth nearly 3 billion US dollars, Ross would...

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