Trump's Economic Advisory Team Features Cream of the Crop
On Friday, the republican presidential candidate Donald Trump announced his team of economic advisors, some top names from Wallstreet, real estate, think tanks and acamdemia.
According to the campaign, Trumps policy initiatives will focus on “empowering Americans by freeing up the necessary tools for everyone to gain economically.”
He has repeatedly promised to create jobs, specifically in manufacturing, many of which are being fulfilled in roles overseas.
“For too long we have watched as President Obama and Hillary Clinton have ruined our economy and decimated the middle class,” said Trump. “I am going to be the greatest jobs president our country has ever seen.”
To clean up the US economic mess will be no easy feat and will take a stellar team of experts.
Trump plans to bring financial and real estate moguls who will help him act as a change agent for the American economy.
The team includes–
Tom Barrack, founder of the private equity firm Colony Capital, who has had former experience in the White House as the deputy undersecretary of the interior department under the Reagan administration.
Stephan Calk, founder of Federal Savings Bank and National Bancorp Holdings, a company with a mission to increase home ownership among veterans.
Andy Beal, founder of Beal Bank and other financial firms, a Dallas-based businessman was also a college dropout and is a self-taught mathematician and lover of Poker.
Dan Dimicco, former CEO of the large steel production company Nucorp and author of a book on the topic of revitalizing the manufacturing industry.
Harold Hamm, chief executive of the oil and natural gas producer Continental Resources, who had spoken at the Republican convention on Trumps behalf.
Steven Feinberg, co-founder of the private equity firm Cerberus Capital Management, which a focus on distressed assets.
David Malpass, who also has experience in the White House as the deputy assistant treasury Secretary under President Reagan and the deputy assistant Secretary of State under President George W. Bush.
Howard Lorber, CEO of Vector Group and real estate mogul.
Steven Mnuchin, CEO of the private investment firm Dune Capital and former executive at Goldman Sachs.
Stephan Moore, founder of Club for Growth and chief economist for the conservative Heritage Foundation.
Peter Navarro, stock market guru and professor of Economics and Public Policy at the Paul Merage School of Business, University of California. He also holds a Ph.D. in Economics from Harvard University.
Steven Roth, CEO of Vornado Realty Trust, which develops and manages office and rental properties in NYC, DC, Chicago and San Fran.
John Paulson, president of the Hedge Fund Paulson & Co, you may have learned his story in the recent film, The Big Short, where he made billions betting against the housing bubble in 2006.
So what do you think of this team? It’s an impressive roster of successful businessmen who certainly know what they are doing.