wilbur ross as commerce secretary. both joined us right here on "squawk box" earlier this hour. >> did you ever think, wilbur ross, that you'd work for the government? >> i didn't think i'd ever have a boss again. >> joining us right now is ariana huffington and now announcing it today, cofounder and ceo of thrive global. i want to get really quick your reaction. i don't know if you know steven mnuchin or have a reaction politically to where we are right now. >> i don't know him. it's interesting he's both wall street and hollywood. he helped finance which feeds the trump profile. he was the finance chair. so far what he said to you today on the set does not match the trump populism. >> i want you to come back at some point to just talk politics and former "huffington post." but i want to talk thrive global this morning. today you're launching. explain to those who are uninitiated. >> so thrive global is a company i'm launching in response to the global epidemic of escalating stress and burnout. >> this year caused a l

wilbur ross is a neighbor of donald trump, has a mansion near the estate of trump. and donald trump has persuaded carrier not to move operations to mexico. donald trump said his economic policies, lower regulation, lower taxes on the corporate side would be good for carrier, so they decided to stay, also taxpayer incentives that the state of indiana governed by mike pence still, are giving to carrier, over long run a free market economy can't buy its way into keeping jobs that are less efficient to keep them in the united states. nevertheless, this is good news symbolically for donald trump, good news for the 1,000 workers whose jobs will be preserved in indiana. so the trump team will be celebrating today. >> let's talk about these appointments. he could have picked two people for these roles who are on one level more pro-trump and on another level more pro wall street? will this see a lot of people applaud in the investment community? >> it's certainly going to make the investment community and wall street happy. people who they know well who they get with for yea

and woman --dash wilbur ross. as commerce secretary. they both join me right now. life. congratulations. a big day before we get to this. and the specifics of each of your roles body see yourself working together. it seems that commerce and treasurer how do you see yourself working together. we were very much a team during the campaign that we've known each other for quite a few years so working together as can is gonna be one of the hallmarks of this administration. we will have an integrated plan to make sure that we draw growth in this country. the number one priority is the stain three to 4% gdp is almost double what we are seeing right now. maria: how to get there as is the question. when would you expect that growth. i think it is something over the next couple of years we will get to. and i think it's very achievable. this is been an imminent station for the last eight years we had had enough growth. the number one priority is to be tax reform. we think might lowering the corporate tax rate we will make u.s. corporations competitive create enormous amounts of mone

wilbur ross was very strong on trade. i do think that trump believes he can probably call china and say, come on, guys, we're not going to go for this anymore. >> well, mr. ross did say during the interview and i thought it was interesting, tariffs are the last step, not the first step. >> that was bullish, because everyone was afraid that when trump said -- >> you don't start with tariffs, you end with them. >> when trump said we're going to put a tariff on anything you make, carrier. >> yeah, no longer 35% coming from mexico, tariff. >> yeah, you worry about other companies saying, yeah, we'll stay but what do you got in return? >> well, i think they'll stay. i don't think they want that phone call. i think the trump phone call is something you don't want. >> i mean, in the case of utx there's significant revenues that derive from government business, but that is not the case for vast majority of many companies. >> if proctor wanted to move a lot of production -- i mean, everyone's moving production. and then you can mo

goldman sachs executive steve mnuchin and billionaire businessman wilbur ross. mnuchin confirms he's trump's pick for treasury secretary and ross is tapped for congress secretary, also.

what maybe some of the concerns of having a wilbur ross? >> are we talking about the bankruptcy king here? >> we are really looking at when we are looking at the folks he's brought in and devos rather, where they were floating the idea of bringing in mcgahn in. that's true. donald trump has said to the american people that he is trying to change the way washington has done and instead he's bringing a bunch of billionaires into run the government. this is what the american people were talking about when they were looking about change. this is exactly the sort of thing that donald trump said he was going to change about washington. i mean what's going on here? >> seems like -- the president-elect trump is though filling in his bench and he's got those two announcements today. kt mcfarland and as well as don mcgahn and i thank you you both forgiving us your perspectives and your context. have a great friday and get out there and go shopping or whatever you want to do today. >> thank you. >> coming up, terror plot allegedly foiled in france. wh

wilbur ross is a leading candidate for commerce vehicle. according to a source close to the transition process. he was a trump supporter during the election. no final decision yet, but ross is considered. the commerce secretary is the chief business advocate. compiles economic data on growth and trade and incomes. the next secretary will oversee the 2020 census. who is wilbur ross? he is worth $2.9 billion. chairman of w.l. ross & company. he resurrects dying companies. some of the money came from coal and steel companies. his art collection is worth $150 million. we don't know who treasury secretary is yet. those are the two important money cabinet positions. treasury secretary, you hear steve mnuchin. even hearing jamie dimon. we think we will know more after thanksgiving. >> one that would be controversy going back to 2008. the image. >> right. because of the bailout. a banker was seen in the obama administration and you never have a banker now as a treasury secretary because of the bailouts. jamie dimon never wanted to take the bailout.

also, wilbur ross is a democrat. interestingly enough, he gave to hillary clinton or donated to hillary clinton and to barack obama. somebody that some conservatives are actually not that happy that ross has gotten picked but again, somebody who understands the world economy and really, these are big jobs for these gentlemen. we saw steve mnuchin talk just last hour about what his plans are to move forward and implement donald trump's policies and also wilbur ross will be in charge of dealing with china as well as dealing with all these trade deals donald trump talked about on the campaign trail. >> back to steve mnuchin for just a second, trump's pick for treasury secretary, elizabeth warren came out and called him the forrest gump of the financial crisis because he made a lot of money off subprime mortgage -- that whole debacle. he made a lot of money off that, right? jason, should americans worry about that or can he be a treasury secretary for the common man? >> you know, on the scale of things that are worrisome

commerce, wilbur ross changes trade policy. education, betsy goes for school choice, there is a switch, away from the stalinist bureaucracy of the teachers union. transportation. elaine chao will oversee a vast infrastructure building program. tom price of the health the parliament unravels the scourge of middle america, obamacare. there is a can-do orientation to the trump cabinet called draining the swamp with new plans and new policies. you can feel this new mood on the stock market. three weeks and one day ago, we have seen a very strong trump rally and it continues this morning. then there's the news today that 1000 jobs that carrier will stay in indiana. they are not going to mexico. that is a big trump win. one more thing. the president-elect will separate his businesses from the presidency. no conflict of interest. trump is up and running with great energy. the mood has shifted. america feels different. the second hour of "varney and company" is about to begin. stuart: back to my editorial in a moment. first breaking da

." >> wilbur ross owns his own firm, wl ross & company. made huge profits, deep roots in steel and coal. he's represented the bondholders in trump companies. trump's choice for education secretary, betsy devos also a billionaire. >>> cnn has learned that retired marine corps general john kelly is emerging to be trump's pick as secretary of homeland security. telling our mark preston that president-elect likes kelly's views on border secure. general kelly is the head of the southern command. if he ends up being confirmed he would join james matos which is secretary of defense. three generals. >> three generals and three billionaires. let's go live to washington to bring in cnn politics reporter todd koppen. you've got elaine chao tapped as transportation secretary which i think is a play on getting an infrastructure built. also running the labor department. i think the longest serving labor secretary during the bush administration. we also know -- we now have a money team. contrarians, both of them, risk takers, both of them. what do you se

betsy devos was tapped for education secretary and trump is expected to appoint wilbur ross to lead the commerce department. >> the president-elect is calling for a restoration and healing. stephanie ramos has the latest for us from washington. stephanie, good morning, happy thanksgiving. >> reporter: happy thanksgiving to you, as well. president-elect donald trump is on vacation but rolling out some cabinet. diversifying it with his latest nominees, two women. this morning, president-elect donald trump and his family are hunkered down at the luxury mar-a-lago resort in florida. on wednesday he released this thanksgiving message on social media. >> it's my prayer that on this thanksgiving we begin to heal our divisions and move forward as one country. >> reporter: while white men dominated his early staff picks, trump's now nominated two women to join his cabinet. south carolina governor ambassador to the united nations and charter school advocate betsy devos to lead the department of education. both women are strong republican leaders but also the president-elect's first female appoint

alongside him this morning on cnbc, billionaire investor wilbur ross, who is mr. trump's pick to be the commerce secretary, and a point person on trade policy. >> the real trick is going to be, increase american exports. get rid of some of the tariff and non-tariff barriers to american exports. >> reporter: ross is known for turning around troubled companies, where he cuts costs and sometimes worker benefits, to boost profits. he also owned the sago coal mine in west virginia, where a collapse killed 12 miners in 2006. he said it was "the worst week of my entire life." mr. trump also picked out a deputy for ross: chicago cubs co-owner todd ricketts, a prominent republican donor who, at one point in the campaign, spoke out against candidate trump. mr. trump made other jobs news today, too. overnight, there was word that he had cut adeal with the air- conditioner maker carrier to keep 1,000 jobs in indiana. that is most, but not all, of the jobs the company said it would eliminate. also today, there were questions about mr. trump's own business future when he's pres

and also reporting that wilbur ross is expected to be named commerce secretary. earlier today, his team announced nikki haley for u.s. ambassador to the united nations. and the former cia director says he would be willing to serve in the trump administration. petraeus told bbc radio that if asked, the only response can become a yes mr. president. his name has been floated for a possible candidate for secretary of state. ran's supremei leader is one of the u.s. about sanctions. he said iran would not stand idly by as sanctions are reimposed. the house of representatives are expected to extend the it -- the sanctions act. and an unusually late-season tropical storm is brewing over the caribbean, just off of central america. possibleding for landfall as a hurricane for costa rica, which has not seen such a storm since reliable record-keeping began in 1851. heavy rain from the system was blamed for three deaths in panama. in costa rica, they are ordering the evacuation from the coast. global news, 24 hours a day, powered by 2600 journalists in more than 120 countries

wilbur ross we all know he he is turn around guy. he goes into corporations and takes over failing companies and makes them great again. what better to have as commerce secretary? really good, like you said one-two punch. the agenda that we're proposing right now of a pro-growth, low tax plan, combined with repatriating foreign money, combined with building infrastructure, everything we have coming up, reducing regulations is something that will get the economy back on the fast track. charles: tammy, to that point, wilbur ross made his billions going into areas, not distressed, totally left for dead, carcasses, even buzzards were like nothing is there, wilbur has record going in there saying no, there is something in there. what a great parallel what happened to the rust belt, what happened to middle america. having someone like that who can see in the ashes opportunity. >> this really diffentiates when it comes to donald trump decision making versus a politian as making this is not a team of politicians and bureaucrats, this is team

steve mnuchin is a wall street guy, former goldman sachs and wilbur ross known as the king for bankruptcy for all of the restructuring that he has done with businesses. so i said, is this really draining the swamp? what would you say to critics that it's not? the push back the transition team says, look, these are winners. they understand the tax code better than anyone else. they now how the economy works and these are the best people to make sure tax reform is done in a way that it helps working class americans and really generates the economy, gets it going and it comes as there is renewed focus on president-elect trump's pick for secretary of state. of course, last night he met with mitt romney, had dinner with him, romney, one of the top contenders as well as rudy giuliani and there's been a lot of infighting about the fact that mitt romney was one of the first top republicans to really come out and criticize donald trump. is he really the best person to serve as secretary of state? you can see that they are enjoying themselves and president-elect trump said as much today, said he fe

wilbur ross is someone i've covered a very long time. known at the bankruptcy king. when an industry or company implodes, he sits back, steps in, in the wreckage. picks up pieces and finds value there, and has been criticized as a corporate you have which are vulture at times and found value in beaten down industries like coal and steel and in fact represented the bondholders in the trump casino disaster a k k decade or two ago when donald trump was on the brink. both of these men have the trust and ear of donald trump, and it will be on trade wilbur ross will be a real point person for this administration, and wilbur ross is somebody with extensive international experience. knows how the international trade deems go. said we've made stupid trade deals and wants to get that fixed. >> can i ask, christine, about mnuchin? he is someone talking about obviously taxes and tax reform and a lot of that is reducing the seven different tax brackets down to three. >> yep. >> and he said that this is, because some people who have analyzed donald trump's tax plan say this is goi

wilbur ross is up for that job. we may hear something about ben

and billionaire, not unlike wilbur ross, for president obama. depends on the person what kind of influence. seems wig bere ross will play a big role? >> i think so. interesting, a friend of carl icahn. clearly somebody advising trump. a little group here developing. >> and named before the treasury secretary for keeping score at home. i don't know if that means a priority is -- commerce before treasury? we shall see. great to have you with us. >> thank you. >>> coming up, expecting two announcements today about the president-elect's administration and learning more about just who he's meeting with in the next few days. that's coming up. >>> plus -- a woman who was missing for weeks found alive at the side of the road at 4:30 a.m. on thanksgiving day. we'll tell what you she's telling police about what happened. imy moderate to severeng crohn's disease. i didn't think there was anything else to talk about. but then i realized there was. so, i finally broke the silence with my doctor about what i was experiencing. he said humira is for people like

but in the long-running a wilbur ross just pointed out. in the long-run a trump victory would be much better for u.s. assets than a hillary victory. anthony: there is a common notion out there if hillary clinton wins the election the stock market will rally because they know what to expect. i think you have to be concerned that is not going to happen because everybody expects that. >> the market rarely does whatter universally expects -- what everybody universally expects it to do. if it did, i couldn't make any money. so i am a contrarian. i think there is another phenomenon if it's hillary clinton that happens to win. you will see more volatility in the market than you would with donald trump. and the reason is, look at her tax proposal on stocks. she is basically staying you have to hold stocks for six years to get full long-term capital gain treatment. people aren't going to want to hold stocks for six years it was one thing when you only had to hold them for a year to get the treatment. now you will se -- you will see more hotter-term

trump is expected to name 78-year-old billionaire investor wilbur ross who may be one of cabinet and dr. ben carson, he isn't out of the running just yet and says an announcement is coming as his role possibly as head of housing and urban development. rudy giuliani, david petraeus and mitt romney all vying for secretary of state still. kendis and diane, back over to you. >> that announcement expected shortly after the thanksgiving break. popular vote, after losing the electoral college clinton now has 2 million more popular votes than donald trump. a lot of her lead was generated by california where votes are still being counted. former green party presidential candidate jill stein has raised enough money to pay for recounts in the battleground states of wisconsin, michigan and pennsylvania. >>> back to new york state where security is being beefed up here in the city as tradition takes place near the president-elect's home. the macy's thanksgiving day parade moves d upper west side passing one avenue away from trump tower. in addition to extra patrols sanitation trucks will line the

and wilbur ross as commerce secretary. he's cannot fill out his cabinet and the other interesting thing this is where the irony of draining the swamp is starting to look very bizarre. another guy the number two guy was actually the first supporters of president obama is now on the list to be when you have to balance the books. he worked with gary over the years. this is interesting. two guys potentially. it's unclear if gary will be in or not. we do know this. a decent guy. and very smart. he's been bristling for years. he wants to run the place. he's recovering from cancer. it doesn't look like he's can step down anytime soon. my guess is there will be a conversation about whether or not he will step down soon if he gets the nod here. whether they become the ceo in three years or he leaves because lloyd will be there for a while. that's kind of what is going on now. is he a lock for trump. you kind of think is a great shot. that has some pole. even though i think it's separate. i don't think they report to the treasury se

>>> our top stories, donald trump expected to name fellow billionaire wilbur ross as commerce secretary. it follows his first women appointees, south carolina governor nikki haley for u.n. ambassador and betsy devos to lead the education department. >>> hillary clinton has opened up a bigger lead in the popular vote. despite her electoral defeat, she now has 2 mill and those votes are still being counted. >>> crews in new york city spent the overnight hours inflating giant balloon characters for macy's annual thanksgiving day parade. more than 3 million people are expected to line up along the parade route. >>> and looking at today's weather, there will be some snow in new england, showers in the mid-atlantic state. the upper midwest will see light snow and there will be heavy rain in the northwest. >>> and finally on this thanksgiving morning, there are plenty of ways to get your turkey ready for the table. is to just bake it in the oven, but you can smoke it or if you are looking to put some adventure into your thanksgiving experience and some risk, you can go for the deep fryer. >> r

>>> our top stories, donald trump expected to name fellow billionaire wilbur ross as commerce secretary. it follows his first women appointees, south carolina governor nikki haley for u.n. ambassador and betsy devos to lead the education department. >>> hillary clinton has opened up a bigger lead in the popular vote. despite her electoral de popular votes than donald trump and those votes are still being counted. >>> crews in new york city spent the overnight hours inflating giant balloon characters for macy's annual thanksgiving day parade. more than 3 million people are expected to line up along the parade route. >>> and looking at today's weather, there will be some snow in new england, showers in the mid-atlantic state. the upper midwest will see light snow and there will be heavy rain in the northwest. >>> and finally on this thanksgiving morning, there are plenty of ways to get your is to just bake it in the oven, but you can smoke it or if you are looking to put some adventure into your thanksgiving experience and some risk, you can go for the deep fryer. >> reporter: it's the mo

trump is expected to name 78-year-old billionaire investor wilbur ross who may be cabinet and dr. ben carson, he isn't out of the running just yet. he says an announcement is coming on his role possibly as head of housing and urban development. some other big names being tossed around, rudy giuliani, david petraeus mitt romney, they're all still vying for the top diplomat stop, secretary of state. kendis and diane, back over to you. >> yeah, that announcement expected shortly after the and her growing lead in the popular vote, after losing the electoral college, clinton now has 2 million more popular votes than donald trump. now, a lot of her lead was generated by california where votes are still being counted. former green party presidential candidate jill stein has now raised enough money to pay for recounts in the battleground states of wisconsin, michigan and pennsylvania. >>> and back to new york state where security is being beefed up here in the city as a thanksgiving tradition takes place near the president-elect's home. upper west side passing one avenue away from trump t

now on the commerce side we have wilbur ross, a billionaire investor. that is donald trump's pick the transition team announces, and they're also rolling out a deputy commerce secretary, this is going to be todd rickettes as we expected. this is also someone who was critical, whose family at a minimum was critical of donald trump at certain points but eventually came around. on television this morning i want you to listen to mnuchin describing what the economic team's top priority is going to be. >> to get there our number one priority is tax reform. this will be the -- the largest tax change since reagan. we've talked about this during the campaign. wilbur and i have worked very closely together on the campaign. we're going to cut corporate taxes, which will bring huge amounts of jobs back to the united states. >> so that gives you a sense of how this team is going to immediately start working together and try to push forward some of the priorities trump talked about on the campaign trail. when it comes to the position that has drown so much palace int

steve nmuchin in treasury and wilbur ross in commerce. when donald trump's plans were laid out months ago and the speech was given about the first 00 days. it was steve mnuchin and wilbur ross who helped write those plans. these are people in step man the wheel house with what donald trump wants to do economically and now they are in positions to help carry out that task. martha: what's going to happen when one of his children who he talks to all the time, we are talking about this deal for this hotel in this foreign country, how is that going to work? >> wait and see. on the 15th the announcement with be made in december in a couple weeks. but what people should glean from all of this, there is a plan being worked on, there are smart ethics lawyers involved. people understood what donald trump did in his businesses before he was elected. it would be nuts to believe he was elected knowing the things he built, the hospitality he's part of, the retail aspect of his businesses three weeks ago and expect all of that to fizzle away the next da

but i am saying that wilbur ross is good for stocks, with i is what we care about on the show. how about steve manu chin for treasury. can't say i know him although i worked for his dad, whom we affectionately called coach. coach retired at the top of the ga game. i learned a ton from him. i have to believe steve learned air he-- a heck of a lot from coach. manu chin is, begin, a businessman and a fantastic investor, good for stocks. i stress these credentials because these are the kind of people whom president obama would never appoint to cabinet positions. to him, they're probably wall street fat cats. he may not even know who they are. but to the stock market, they're members of the traditional business establishment who want to make the economy grow and want to see profits grow. with these picks, trump is sending a huge signal. he wants people who will be savvy enough to grow our economy faster, to take back jobs, including manufacturing jobs and have the government promote business and the causes of business. good for the stock market. that's their mission. it was not pres

>>> our top stories, donald trump expected to name fellow billionaire wilbur ross as commerce secretary. it follows his first women appointees, south carolina governor nikki haley for u.n. ambassador and betsy devos to lead the education department. >>> hillary clinton has opened up a bigger lead in the popular vote. despite her electoral defeat, she now has 2 million more popular votes than donald trump counted. >>> crews in new york city spent the overnight hours inflating giant balloon characters for macy's annual thanksgiving day parade. more than 3 million people are expected to line up along the parade route. >>> and looking at today's weather, there will be some snow in new england, showers in the mid-atlantic state. the upper midwest will see light snow and there will be heavy rain in the northwest. >>> and finally on this thanksgiving morning, there are plenty of ways to get your turkey ready for the table. is to just bake it in the oven, but you can smoke it or if you are looking to put some adventure into your thanksgiving experience and some risk, you can go for the deep fry

and wilbur ross for secretary of commerce. let's go back a few weeks to the days after the election. the media piled on with stories about the trump transition team in disarray and articles torn apart after they feuded over mr. trump's election. fast forward to the present and you will see president trump is well ahead of schedule compared to president obama in 2008. a.j., what do you think is perhaps a positive sign with the most recent appointments? >> well, steven mnuchin has a tremendous record at goldman sachs. we are hearing some murmuring about draining the swamp. for a treasury secretary you need to pull from the financial triand you need to pull someone as qualified and an extensive record as steve mnuchin has. he worked on drafting our tax plan. so who better to be treasury secretary than someone who knows our tax plan in and out. he's going to have the same views as the voters who voted for mr. trump. >> i think mr. trump's base would cheer wilbur ross. with steve mnuchin, it's more of the same. there is a reason wh

. >> trump also selected billionaire investor wilbur ross to be secretary of commerce. 'sss was an advocate for trump economic program went trump was still a long shot. rush has been in conflict with president-elect trump's economic program went trump's tm about the conflict in syria. he added that moscow was hoping for better relations with washington over the new and administration. ashes have begun a four-day journey to their final resting place in santiago. the route traces in reverse the victory tour castro and his bearded rebels took after overthrowing the forces of bautista in 1959. and in south korea, the president may have bought some time for herself hit a faction of her ruling party that once was in favor of her impeachment says instead it would accept park's resignation at the end of april. lawmakers have given her nine days to make a proposal. her approval rating has dropped to single digits because of an influence peddling scandal. global news 24 hours a day powered by more than 2600 journalists and analysts in more than 120 countries. i'm elisa parenti. t

trump loyalists wilbur ross continued to be front runner for secretary of commerce. included promises of withdrawals from free trade agreements and more jobs for americans. then mitt romney remains a contender for the secretary of state position but certainly has been criticized for history of division with donald trump, some saying this should be a disqualifying factor. rudy giuliani a trump loyalist is another top contender for that role. lauren: we will see. jill stein is leading the effort to recount election day votes in three swing states that went to donald trump, wisconsin, michigan and pennsylvania. stein has raised 3 and a half million so far. looks like he might have done and deadline for count for wisconsin, fees $.5 million. stein's campaign says it's not intended to help hillary clinton but deserve what we can trust. nicole: 19 shots were fired near the juice bowl at 1:30 p.m. mayor was uninjured and taken to safety, the motive for the shootings is still unknown. but louisville homicide record to 112 and that's a new record high for that city. lauren: s

they also say trump plans to nominate wilbur ross. an announcement could come as soon as today. , donald template -- meanwhile, donald trump continues to audition secretaries of state. he will bring back kelly for an interview at trump tower in new york today. another candidate's former massachusetts governor mitt romney. he had a second meeting with the president-elect at a dinner last night. european capital president donald tusk has flatly rejected a call from british lawmakers for him to protect the right of expatriates after brexit. he hit back after being urged to broker a deal guaranteeing that british nationals in you countries and european nationals in the u.k. would not be forced to leave after brexit. , causingsed the claim anxiety and uncertainty. people have rallied in south korea's capital to 'smonstrate against park presidency after she yesterday offered to resign after an influence-peddling scandal. a fraction of her ruling party that previously supported her impeachment says it would ask -- accept her resignation at t

wilbur ross was there, very loyal to him. you can go through all these candidates and there seems to be a consistency. >> loyalty is definitely a key determiner on those two. not only did they come on board early, they are both vocal proponents of the donald trump trade policy, and his message on economics and the working class. that definitely is something that is going on. the way we can answer that question is seeing whether or not he appoints mitt romney. mitt romney was not loyal, he was a big credit and jump is getting a lot of pushback from his inner circle as he considers romney. the question of whether loyalty will win the day or whether expanding the base of little bit will be more important to him will be answered when we see whether or not it is romney or people like david trias or senator bob corker -- david patraeus or senator bob corker. him, the day with before. do we have a report on what it looks like he is heading toward? >> we do know there was a lot of pushback from romney and that suggest to me as of thi

wilbur ross is going to be terrific. todd ricketts, interesting choice, this is the position that james a. baker iii held in the federal government. important job, and trump reached out to make the commerce secretary wilbur ross and picked the number two guy, a younger guy from a family who opposed trump during the primaries. shows a willingness to let the past be the past -- >> all right, that brings me to my next question, let the past be the past. talk about mitt romney, do you think he's going to get secretary of state? >> i don't know, i know two things. one is this is evidence that -- this is not personal to trump. whatever he said about romney and whatever romney said about him, that doesn't matter to him. that's the past being the past. what he's looking forward is somebody who he thinks has the stature and the ability to be secretary of state and he's looking at david petraeus, rudy giuliani and mitt romney and met twice with romney. this shows seriousness of purpose. and, second of all, he's looking for the bes

i can tell you something having covered wilbur ross over the years. he wants to create the workers who can fit the jobs of today and tomorrow. skills. when you talk about the skills gap, he is aware of other problems along the pipe lyline n to education. he thought deeply on the issues. >>> another cabinet candidate that donald trump is very enthusiastic about is the potential defense secretary. james mattis. they met for over an hour on saturday. afterwards, the president-elect characterized the retired four-star general as the real deal and true general's general. a source tells cnn no decision has been made, but trump is quote leaning in mattis' direction. >>> donald trump says he will live in the white house once he takes the oath of office, but his wife and melania and barron will stay in manhattan until the school near is finished. he is asking for the same privacy and other conversation other first families have received. >>> donald trump one escalating the feud with the cast of "hamilton." and then the issue with "saturday night live" and alec

wilbur ross claims that the debated plan that tax cuts generate enough revenue to cancel out losses. and here are other things to keep an eye on. wall street may be thrilled with the promises to cut industry regulation. but could that reopen the door to the flawed investment policies that triggered the 2008 crash. stocks have soared and the bond markets have declined sharply. and er unexpected. bad weather and terrorist attacks have tanked the economy before. they could do it before. and why is carrier looking to move jobs to mexico? because it's cheaper. the deal they are cutting now is not going to address that. >> paula, over to you. >>> sad news to report from our boston broadcasting family. bonn bennett, one of the -- bob long illness. he's lived in newport beach, california for the past -- he was 89 years old. >>> coming up. the new perk from netflix. and proof that the office pools sometimes pay off. say hello to the $420 million power ball winners. >> oh, my god. mom, calm down. this is what you have to do. >> this newborn and her 11-year-old sister was calm, cool, and collec

wilbur ross, trying to think about this. what does that say to the little guy who was apparently central to donald trump's campaign? >> well, i don't know the little guy will lose faith because of the appointment of wall street insiders to key cabinet posts. wilbur ross has a reputation as somebody who's been successful in the turnaround business, taking distressed companies and then helping them become profitable and selling them and then goldman sachs one of the best known firms in the country for work in the investment bank industry but i don't know that the little guy, that the average person, the person that felt they were left out, people that donald trump said he was representing and spoke to, i don't know they feel slighted by these choices. if it has to do with the legislation his administration puts forward in the first few months of his presidency. >> joe, good to talk to you again. republican strategist, george h.w. bush administration. michelle, great to have both of you here. >>> still ahead, jared kushner, tru

wilbur ross could be the perfect person. we shouldn't prejudge people by any means based on their wealth or lack thereof. nor should we look at his cabinet appointments, wilbur ross, betsy devos, she's a billionaire and trump himself. look, it remains to be seen whether or not what his plans actually are as tim says and where the trump administration will take this. >> i was struck when i saw -- i think it was on cnn early in the campaign, they did a focus group. one woman said, you know, what is it you like about donald trump? it was very pithy but enlightening. he is rich. i want to be rich. this guy is rich. it's a measure of success. >> it is a measure of success. i think what actually this says to me, this perspective appointment is that trump is going to push hard on something that unifies i think the wide diversity of the republican party. the disunity is bubbling below the surface. it has been pain epered over wi some of the appointments. his desire to get rid of regulations. you bring in someone like this who has th

--has nominated mnuchin nominated steve mnuchin and wilbur ross. the dollar is strengthening and keeps getting stronger. it looks like we have a team beginning to form that will want a stronger dollar and an opec agreement. will keep the dollar from continuing to strengthen? maybe the idea that these wonderful ideas are difficult to implement. there are two forces here -- one is the spending trump. he wants to build the wall and some people say it's good, but it is inflationary and not about the discipline. i happen to think yields go up because of high inflation expectations. what is good is investment in the u.s. is made easier. the plan to eliminate taxes on appreciation so you can depreciate assets the first year, restructuring the u.s. tax system to cost investment rather than consumption. those things are positives for the dollar. with thef this happens backdrop that a lot of good news is priced into the dollar already. historically, the dollar goes up when there's anticipation of higher when there's anticipation of higher rates, not when rat

some of the folks heading in and out of the trump tower include billionaire wilbur ross, fedex ceo fred smith, tech guru petre thiel and legendary investor carl icahn along with new england patriot owner bob kraft. gary: many of those guests on "wall street week". joining us fox business all-stars melissa francis and charlie gasparino. right into, this charlie, a lot of business people, this has to be good news to you. >> i like all the names, bob kraft i was acquainted with through my contacts in the nfl. that's the good part of what donald trump is doing. the bad part is he wants to hire your friend, howard ford, a liberal democrat to sell a boondoggle structure to congress, that was leaked in the paper. that shows that donald trump is not a conservative, okay? i did not than i was going to be defending harold here. big tax and spend guy. gary: sorry, charlie, is harold ford, may be considered for transportation secretary. >> the former congressman. gary: and let me say, if he did take a job like that he'd be absolutely fantastic because he understands the politics side of it. >> he l

betsy devos was tapped for education secretary and trump is expected to appoint wilbur ross to lead the commerce department. >> the president-elect is calling for a restoration and healing. stephanie ramos has the latest for us from washington. stephanie, good morning, happy president-elect donald trump is on vacation but rolling out some new appointments for his cabinet. diversifying it with his latest nominees, two women. this morning, president-elect donald trump and his family are hunkered down at the luxury mar-a-lago resort in florida. on wednesday he released this thanksgiving message on social media. >> it's my prayer that on this thanksgiving we begin to heal our divisions and move forward as one country. >> reporter: while white men trump's now nominated two women to join his cabinet. south carolina governor nikki haley to serve as u.s. ambassador to the united nations and charter school advocate betsy devos to lead the department of education. both women are strong republican leaders but also the president-elect's first female appointments. neither were supporters of mr. trum

if anyone has benefitted from tree trade, it might be wilbur ross and the company. you saw the rhetoric during the campaign app lot of people said it's going to pull off a surprise win because we're going to be a protectionist company not sbresed in free trade. how do you square that up with your whole career? >> first of all, protectionism is a pejorative term. it's not really something that's meaningful. there's trade, sensible trade, and dumb trade. we've been doing a lot of dumb trade. that's the part that's going to get fixed. >> what if we put tariffs on chinese goods? if we put tariffs on chinese -- >> everybody talks about tariffs as the first thing. tariffs are the last thing. tariffs are part of the negotiation. the real trick is going to be increase american exports. get rid of some of the tariff and non-tariff barriers to american exports. >> isn't some of tpp -- isn't that what it did? got rid of a lot of tariffs? >> no. not at all. for one thing, tpp had terrible rules of origin. rules of origin means can stuff come in from outside the boundaries of th