WASHINGTON (Reuters) - President-elect DonaldTrumpis expected to selectWilbur Ross Jr as secretary of the Commerce Department, the Wall Street Journal reported on Wednesday, citing two people familiar with the deliberations.

Ross, 78, is the billionaire chairman of private equity firm W.L. Ross & Co, which is known for buying up failed companies.

(Reporting by Eric Walsh; Editing by Chris Reese)

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