TRUMP’S ECONOMIC ADVISORY TEAM

Donald Trump is focusing his economic message on boosting jobs and making the U.S. more competitive on a global stage by cutting business taxes, reducing regulations and increasing energy production. Trump’s policies are aimed at boosting economic growth in an effort to bolster middle-class workers, whose wages have stagnated for decades.

The Team

  1. Tom Barrack: Founder of Colony Capital, a private equity firm. He also served in the Reagan administration as deputy undersecretary of the Interior Department.
  2. Andy Beal: Founder Beal Bank and other financial firms, including CSG Investments, Loan Acquisition Corp. and CLG Hedge Fund.
  3. Stephen Calk: Founder of Federal Savings Bank and National Bancorp Holdings, which is primarily focused on increasing home ownership among veterans.
  4. Dan DiMicco: Former CEO of Nucor Corp, a large steel producer. Outspoken voice against trade agreements and how they affect manufacturers. Has directed much of his disparagement at China.
  5. Steven Feinberg: Co-Founder of Cerberus Capital Management, a private equity firm which focuses on investing in distressed assets.
  6. Harold Hamm: Chief Executive of Continental Resources, an oil and natural gas producer.
  7. Howard Lorber: CEO of Vector Group, a publicly traded company involved in the real estate and consumer products industries. He also serves as chairman of Douglas Elliman Realty, a real estate brokerage firm.
  8. David Malpass: Served as deputy assistant Treasury Secretary under President Reagan and deputy assistant Secretary of State under President George W. Bush. Malpass also founded Encima Global, a consulting and research firm that provides analysis on global economic and political trends.
  9. Steven Mnuchin: CEO of Dune Capital Management, a private investment firm, and was an executive as Goldman Sachs.
  10. Stephen Moore: Founder of the Club For Growth and chief economist for the conservative Heritage Foundation. Moore was the senior economist of the Joint Economic Committee under Chairman Dick Armey. Trump will lower corporate tax rate from 35 percent to 15 percent. Trump intends to renegotiate the North American Free Trade Agreement (NAFTA) and opposes the Trans Pacific Partnership (TPP) which hasn’t taken effect yet.
  11. Peter Navarro: Trade expert and professor of economics and public policy at the University of California, Irvine. Professor Navarro backs Trump’s call for a 45 percent tariff against Chinese goods. Trump will impose countervailing tariffs not just on China but on any American trade partner that cheats on its trade deals using practices such as currency manipulation and illegal export subsidies. Such tariffs are not protectionist but rather defensive.
  12. John Paulson: President of Paulson & Co, a hedge fund. He made billions by betting against the housing bubble in 2006.
  13. Steven Roth: Chief executive officer of Vornado Realty Trust, which develops, owns and manages office and retail properties in New York City, Washington, D.C., Chicago and San Francisco.

 

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