WASHINGTON, Dec 4 (Reuters) – U.S. President-elect Donald Trump said on Wednesday he had picked Peter Navarro to be senior counselor for trade and manufacturing.
Navarro served as head of a newly created position – director of the White House National Trade Council – in the first Trump administration.
“During my First Term, few were more effective or tenacious than Peter in enforcing my two sacred rules, Buy American, Hire American,” Trump said in a Truth Social post announcing the nomination.
Navarro was sentenced in January to four months in prison after being found guilty of two misdemeanor counts of contempt of Congress for defying a subpoena from a committee probing the Jan. 6, 2021 U.S. Capitol riot.
Trump also announced on Wednesday that he would nominate Paul Atkins to run the Securities and Exchange Commission, putting a prominent conservative Washington insider atop Wall Street’s major regulator.
Atkins “believes in the promise of robust, innovative capital markets that are responsive to the needs of Investors, & that provide capital to make our Economy the best in the World,” Trump wrote in a post on his social media platform.
Atkins, a Republican former SEC commissioner, is replacing Gary Gensler, President Joe Biden’s hard-charging chair whose ambitious agenda led him to clash with Wall Street and the crypto industry.
Comments