washington u.s. president-elect donald trump expect name wilbur ross billionaire know investments distress industries head commerce department republican source familiar decision tell reuters tuesday announcement ross lead department pursue anti-dumping case cheap foreign import could come early wednesday nbc news say ross decline comment reuters tuesday ross 78 staunch supporter trump economic adviser help shape trump campaign view trade policy blame 1994 north american free trade agreement canada mexico 2001 entry china world trade organization cause massive u.s. factory job losses think big difference impact trade agreements corporate america impact mr. mrs. america ross tell cnbc interview early year corporate america adjust invest lot capital offshore ross whose net worth peg forbes 2.9 billion head private equity firm w.l ross co new york ross connections trump date back 1990 turnaround expert rothschild co work behalf bondholders help engineer restructure hundreds millions dollars debt owe trump taj mahal casino atlantic city new jersey 2002 charge private equity firm ross form international steel group consolidate several bankrupt steelmakers include bethlehem steel acme steel ltv steel sell company 4.5 billion deal two years late mittal steel ross retain stake part world large steel company arcelor mittal sit board directors various business interest also include automotive components textiles could make avoid conflict interest complicate prospect head agency broad influence trade case u.s. industrial policies arcelor mittal benefit several recent anti-dumping anti-subsidy duties impose commerce department wide range steel products china south korea japan britain turkey countries help lift domestic steel price boost company bottom line ross may also face question lawmakers january 2006 sago coal mine disaster west virginia kill 12 miners explosion collapse own subsidiary one company international coal group mine cite 200 safety violations international coal sell 3.4 billion 2011 u.s. coal miner arch coal file bankruptcy protection january amid plummet coal price could question well 2.3 million fine firm agree pay august securities exchange commission settle accusations properly disclose fee charge investors trump expect pick investor wilbur ross u.s. commerce secretary