Decline and fall of Wilbur Ross
https://www.axios.com/newsletters/axios-sneak-peek-7538da3d-6f13-4b07-92d2-c7fedafa240a.html?utm_source=newsletter&utm_medium=email&utm_campaign=&stream=top-stories
"President Donald Trump has put Commerce Secretary Wilbur Ross out to pasture.
Wilbur has lost his step, Trump told one of our sources, shaking his head in resignation. Actually, hes probably lost a lot of steps.
One problem: Rosss efforts to wheel and deal with the Chinese have left the president unimpressed. Another problem: He keeps falling asleep in meetings.
.........
In a series of Oval Office meetings about six months into his presidency, Trump eviscerated Ross, telling him hed screwed up, and badly.
These trade deals, theyre terrible, Trump said, according to a source in the room for one of the meetings. Your understanding of trade is terrible. Your deals are no good. No good.
.........
During this period, Trump humiliated Ross in front of his colleagues, per three sources, and questioned his intelligence and competence.
.........
Why this matters: Ross entered the administration as one of Trumps favorites, poised to be a power player. Trump has known Ross since the bankruptcy tycoon helped keep him financially afloat in the early 1990s. Trump was proud that Ross this billionaire Wall Street legend wanted to work for him.
........
Wilburs been sucking up for months, trying to get back in the presidents good graces, said a source close to Trump.
He's got a way to go.