Remarks by U.S. Commerce Secretary Wilbur L. Ross at the National Marine Manufacturers Association 2019 American Boating Congress

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Thank you, Ben, for that kind introduction, and for the invitation to participate in the 2019 American Boating Congress. It’s great to be here. Remarks by U.S. commerce secretary wilbur L. Ross at the National Marine Manufacturers Association 2019 American Boating Congress | U.S. Department of Commerce

U.S. Commerce chief Ross divesting shipping interests: official. WASHINGTON (Reuters) – U.S. Commerce secretary wilbur ross has divested his interests in oil tanker company Diamond S Shipping and is in the process of selling off his holdings in another shipping firm, Navigator Holdings, a Trump administration official said on Tuesday.

Commerce Secretary Ross began his remarks by pointing out the growth of the marine industry has outpaced that of the general economy, and highlighting the 2.2% contribution to U.S. GDP that the outdoor recreation industry generates.

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During a speech May 15 at the American Boating Congress in Washington, D.C., Commerce Secretary Wilbur Ross told the assembly, "The growth of the outdoor rec industry outpaced the entire U.S. economy. I’m not breaking any news here when I say that there is nothing cheap about owning a boat, but it is well worth the cost."

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Following an announcement that U.S. Senator Pat Roberts, a four-term Republican, would not seek re-election in 2020, there was speculation that Pompeo would run for U.S. Senate from Kansas. He still had almost one million dollars in his congressional campaign account as of June 2019.