President-elect Donald Trump has selected Wilbur Ross to be his Commerce Secretary according to multiple news agencies.

Ross, an early Trump supporter and member of the New York Democrat party, is a veteran of the finance world, specializing in distressed businesses. He has previously served under President Clinton and New York Mayor Rudy Giuliani. As a graduate of Yale and Harvard, Ross also has one of the most impressive art collections in the nation, valued at over $150 million.