WASHINGTON — President-elect Donald Trump named key players on his economic team on Wednesday, including tapping Cubs co-owner Todd Ricketts to be Deputy Secretary of Commerce.
The Chicago Sun-Times reported last week that Ricketts was in line to take on the NO. 2 spot in the Commerce Department. Ricketts, who oversees the political operations of the GOP wing of the Ricketts family, led an anti-Trump effort during the Republican primary season. Once it was clear Trump would be the nominee, the GOP side of the Ricketts family led a super PAC drive to help elect him.
Trump also announced he intends to nominate Steve Mnuchin, his campaign finance chair, as Treasury Secretary and business executive Wilbur Ross to be the Commerce Secretary.
In a statement, Trump noted the Cubs World Series win, saying Ricketts is “an immensely successful businessman with unparalleled knowledge of the finance industry.”
“As Deputy Commerce Secretary he will help us cut waste and streamline government so that it works for the people of America. The incredible job he and the Ricketts family did in the purchase and turnaround of the Chicago Cubs – one perfect step after another, leading to the World Championship, is what I want representing our people. I am very proud to have him on our team.”
Ricketts said in a statement, “I am honored that President-elect Donald J. Trump has asked me to serve our country at this critical juncture in our history. Advancing practical policies that promote economic opportunity is critical to making America great again. I’m eager to begin this important work and serving with Wilbur Ross to implement President-elect Trump’s economic agenda, which will improve the lives of all Americans.”
From the statement from the Trump transition team: “Ricketts is committed to promoting the values of fiscal responsibility and educating taxpayers on wasteful and excessive government spending. He is the son of Ameritrade founder Joe Ricketts and has years of hands-on experience in the finance industry. Like President-elect Trump, Mr. Ricketts will use this knowledge to fix the broken Washington D.C. system, keep jobs in the United States and spur job growth.”