Elections

Wilbur Ross is too old for one of Trump’s top economic roles, venture capitalist says

'Very strange' for Trump to employ Ross: Venture capitalist
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'Very strange' for Trump to employ Ross: Venture capitalist

Wilbur Ross would be a "very strange" fit for the role of commerce secretary, according to Jon Moulton, founder and managing partner of London-based Better Capital, with reports circulating that the billionaire investor is being lined up to be part of Donald Trump's presidential team.

"Wilbur is pushing towards 80 … It would seem very strange to take somebody of that age into such a senior role, almost like the Chinese used to do," Moulton told CNBC Wednesday.

Carl Icahn used his Twitter feed on Tuesday to confirm that the president-elect is looking at Wilbur Ross for the post, as well as Wall Street veteran Steven Mnuchin for his choice of treasury secretary.

So far, Trump has announced the appointment of Reince Priebus, chairman of the Republican Committee, as the next White House chief of staff. Stephen Bannon, the former president of Breitbart News, has been also appointed as a chief strategist.

"There are some very odd names, there are some relatively failed politicians on the list, some extremist-type industrialists, there's a very diverse range of people there," Moulton told CNBC, commenting on speculation surrounding Trump's future team.


Wilbur Ross: Trump recognized 'a whole lot of trouble out there'
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Wilbur Ross: Trump recognized 'a whole lot of trouble out there'

President-elect Donald Trump said Wednesday on Twitter: "Very organized process taking place as I decide on cabinet and many other positions. I am the only one who knows who the finalists are!"

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Moulton added that the selection process to the White House has "a lot of similarities" to the TV show "The Apprentice", which Donald Trump used to host.

Ross was not immediately available for comment when contacted by CNBC. Speaking to CNBC earlier this week, he said that Trump would "make the decisions" when it comes to filling the posts and said there is a "very good transition team that's been working ever since the convention."

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