Wilbur Ross

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Report: Wilbur Ross Intervened After Trump's Dorian Tweet

Sources say commerce chief threatened firings at NOAA

(Newser) - Hurricane Dorian is now dissipating over the North Atlantic—but the political storm that began with President Trump's incorrect claim that the hurricane was expected to hit Alabama is still with us. Sources tell the New York Times that Commerce Secretary Wilbur Ross threatened to fire senior National Oceanic... More »

US Gives Chinese Tech Giant a Reprieve

Huawei gets another 90 days to do business with US companies

(Newser) - The US will give Chinese telecommunications giant Huawei another 90 days to buy supplies from American companies. It's the second extension for Huawei, a company the US sees as a national security risk. Commerce Secretary Wilbur Ross revealed the new reprieve on Fox Business News Monday morning, and the... More »

House Votes on Impeachment, Criminal Contempt Charges

The impeachment vote may signal future division

(Newser) - To impeach or not to impeach? That's been the question for House Democrats, and Wednesday they tried it—and it died. But the 332-95 vote against impeaching Trump for his racist tweets Sunday did rally 95 Democratic yeas vs 137 Democratic nays, confirming a divide in the party that... More »

Trump: There Will Be a Citizenship Question

President calls news that question was dropped from census 'fake'

(Newser) - A day after his own commerce secretary and a Justice Department lawyer announced that the 2020 census questionnaire was being printed without the citizenship question President Trump wants, Trump denied the news. "The News Reports about the Department of Commerce dropping its quest to put the Citizenship Question on... More »

Contempt Vote Delayed After Trump Asserts Privilege

At issue are subpoenaed census documents

(Newser) - The Justice Department on Tuesday warned of the move, and on Wednesday it came to pass. President Trump has exerted executive privilege over documents related to his administration's addition of a citizenship question to the 2020 census. The Hill reports those documents include drafts of a letter penned by... More »

House Panel Moves to Hold Barr, Ross in Contempt

Over census question

(Newser) - The House Oversight Committee is moving to hold Attorney General William Barr and Commerce Secretary Wilbur Ross in contempt of Congress for failing to comply with subpoenas for documents related to the Trump administration's decision to add a citizenship question to the 2020 census, the AP reports. Rep. Elijah... More »

Dead Man's Hard Drives Add Surprise Census Wrinkle

Critics say GOP strategist's work shows citizenship question is about helping Republicans

(Newser) - The Supreme Court is expected to rule in a matter of weeks on whether the Trump administration can add a citizenship question to the 2020 census. Now, however, a new wrinkle has emerged on the whole issue in an unusual way—via the hard drives of a deceased Republican strategist.... More »

Wilbur Ross Clarifies His Criticized Shutdown Remarks

Commerce chief says he's 'painfully aware' furloughed workers are suffering

(Newser) - Commerce secretary Wilbur Ross took much grief on Thursday when he said he didn't "really quite understand" why furloughed federal workers were showing up at food banks when they could take out a loan instead. Given that Ross is worth somewhere in the neighborhood of $700 million, the... More »

Wilbur Ross: Why Are Furloughed Workers at Food Banks?

Commerce secretary doesn't 'quite understand why' shutdown is spurring struggle

(Newser) - Asked about those working without pay due to the government shutdown, Commerce Secretary Wilbur Ross had a suggestion: "The banks and the credit unions should be making credit available to them. When you think about it, these are basically government-guaranteed loans, because the government has committed these folks will... More »

Judge Blocks White House From Adding Census Question

But issue of citizenship is likely headed to Supreme Court

(Newser) - A federal judge in New York has barred the Trump administration from adding a question about citizenship to the 2020 census. US District Judge Jesse Furman said Tuesday that while such a question would be constitutional, Commerce Secretary Wilbur Ross had added it arbitrarily and not followed proper procedure, per... More »

Wilbur Ross Allegedly Stole $120M. And Sweet'N Low

Commerce chief accused by 'Forbes' of being among the biggest American 'grifters'

(Newser) - The buzziest political story of the day comes courtesy of Dan Alexander at Forbes , who's out with some devastating allegations against Commerce Secretary Wilbur Ross. Alexander interviewed 21 people who say that Ross, through his private equity firm WL Ross & Co., "siphoned or outright stole a few... More »

China's ZTE Will Pay Huge Fine to End US Sanctions

'We still retain the power to shut them down again,' say commerce chief Ross

(Newser) - The United States has reached a deal with Chinese telecommunications giant ZTE Corp . that includes a $1 billion fine, says Commerce Secretary Wilbur Ross. The resolution of the ZTE case may clear the way for the US to make progress in its high-stakes trade talks with China, per the AP... More »

As Trade Talks Heat Up, China Makes an Offer

Country offers to buy $70B in US products in first year of deal

(Newser) - China is willing to buy up nearly $70 billion in US products like soybeans, corn, natural gas, crude oil, and coal in the first year of a deal if the Trump administration forgets about its threatened trade tariffs . Extending what Business Insider calls "a massive olive branch," Chinese... More »

New Tariffs on US Allies Called 'Dangerous'

The EU, Canada, and Mexico get hit

(Newser) - The delay is over . The Trump administration is announcing tariffs on steel and aluminum imports from the European Union, Canada, and Mexico, in a move sure to raise worries of a trade war. Commerce Secretary Wilbur Ross says there will be a 25% tariff on imported steel and a 10%... More »

Scuba Diver Mauled to Death by Shark

The American woman was on vacation in Costa Rica

(Newser) - An American tourist who was mauled to death by a shark off the coast of Costa Rica on Thursday has been identified as a New York City private equity director. Authorities say Rohina Bhandari, a 49-year-old senior director at WL Ross & Col. LL, was with a group of 18... More »

Forbes: Wilbur Ross Lied About Being a Billionaire

Magazine accuses commerce secretary of pattern of 'whoppers' and 'omissions' going back 13 years

(Newser) - Earlier this year, President Trump noted "I just don't want a poor person" in charge of economic posts in his administration, then touted Commerce Secretary Wilbur Ross as "a very rich person" who was up to the task. But just how rich Ross really is is now... More »

Leak Reveals Offshore Secrets of Queen, Celebrities

Trump officials also named in 'Paradise Papers'

(Newser) - A massive leak of internal documents from Bermuda-based law firm Appleby has exposed the financial secrets of many of the world's elites—but while it may cause many tough questions to be asked, no evidence of law-breaking has surfaced. The "Paradise Papers" leak of 13.4 million records... More »

Commerce Secretary Has Business Ties to Putin Son-in-Law

Report details Wilbur Ross' offshore holdings

(Newser) - Newly leaked documents show that Commerce Secretary Wilbur Ross, the Trump administration's point man on trade and manufacturing policy, has a stake in a company that does business with a gas producer partly owned by the son-in-law of Russian President Vladimir Putin, the AP reports. According to records obtained... More »

Wilbur Ross Catches Flak for Joke on Syria Strike

Wilbur Ross likened it to 'after-dinner entertainment' at Mar-a-Lago

(Newser) - Commerce Secretary Wilbur Ross was trying to be funny, but his recollection of his boss' decision to launch an airstrike on Syria is not going over well. At a conference Monday, Ross publicly recounted the move made by President Trump while he was entertaining Chinese President Xi Jinping at Mar-a-Lago... More »

Billionaire Investor Confirmed as Commerce Secretary

Senate confirms Trump nominee 72-27

(Newser) - The Senate on Monday confirmed billionaire investor Wilbur Ross as commerce secretary as President Donald Trump adds to his economic team, the AP reports. The vote was 72-27. Breaking with Republican orthodoxy, Ross said the Trump administration will work quickly to re-do the North American Free Trade Agreement. That's... More »

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