• Home
  • News
  • Fortune 500
  • Tech
  • Finance
  • Leadership
  • Lifestyle
  • Rankings
  • Multimedia
Finance

Donald Trump Reveals Who Is On His Economic Advisory Team

By
Chris Matthews
Chris Matthews
Down Arrow Button Icon
By
Chris Matthews
Chris Matthews
Down Arrow Button Icon
August 5, 2016, 12:21 PM ET
DONALD TRUMP
ABC NEWS - 7/21/16 - Coverage of the 2016 Republican National Convention from the Quicken Loans Arena in Cleveland, Ohio, which airs on all ABC News programs and platforms. On this final night of the convention, Donald Trump accepts the party's nomination for President of the United States. (Photo by Ida Mae Astute/ABC via Getty Images) DONALD TRUMPIda Mae Astute — ABC via Getty Images

Donald Trump revealed his 13-member economic advisory team on Friday, along with an announcement that he will unveil his policy agenda “for revitalizing the American economy” at the Detroit Economic Club on Monday at noon.

“Mr. Trump’s speech will focus on empowering Americans by freeing up the necessary tools for everyone to gain economically,” the statement reads. “It will stand in stark contrast to Clinton’s same, stale big government policy prescriptions that have choked economic growth in America and led to over 40 years of wage stagnation.”

The all-male team draws heavily from Wall Street, featuring hedge fund executives like John Paulson, who made his fortune betting against the subprime market last decade, and Stephen Feinberg, co-founder of asset management firm Cerberus Capital Management.

Trump also draws heavily from the world of real estate, while also including figures like Dan DiMicco, Executive Chairman of the steel manufacturer Nucor Corporation, a move which emphasizes Trump’s campaign theme of revitalizing American manufacturing. Other members include:

  • Thomas Barrack, Founder and Executive Chairman of Colony Capital,
  • Andy Beal, Founder and Chairman of Beal Bank and Beal Bank USA
  • Stephen M. Calk, Founder, Chairman and CEO of Federal Savings Bank,
  • Dan Kowalski, Deputy Staff Director of the Republican staff of the Senate Budget Committee
  • Howard M. Lorber, President and CEO of Vector Group Ltd
  • David Malpass, former Deputy Assistant Treasury Secretary under President Reagan, and Deputy Assistant Secretary of State under President George W. Bush.
  • Steven Mnuchin, Chairman and CEO of Dune Capital Management LP
  • Stephen Moore, economist and founder of Club for Growth
  • Peter Navarro, economist, Paul Merage School of Business at the University of California, Irvine
  • Steven Roth, Chairman of the Board and Chief Executive Officer of Vornado Realty Trust

Despite the fact that Donald Trump has been falling in the polls this week, most surveys still show voters trusting his handling of the economy more than Hillary Clinton’s. Monday’s policy announcement therefore may prove to be the real estate magnate’s first big chance to stem Clinton’s momentum and stage a comeback in the polls.

About the Author
By Chris Matthews
See full bioRight Arrow Button Icon

Latest in Finance

Travel & LeisureBrainstorm Design
Luxury hotels need to have ‘a point of view’ to attract visitors hungry for experiences, says designer André Fu
By Nicholas GordonDecember 4, 2025
2 hours ago
Personal FinanceCertificates of Deposit (CDs)
Best certificates of deposit (CDs) for December 2025
By Glen Luke FlanaganDecember 4, 2025
7 hours ago
The Fifth Third Bank logo on a blue and purple layered background.
Personal Financechecking accounts
Fifth Third Bank review 2025: Full-service bank with unique perks (but lackluster APYs)
By Joseph HostetlerDecember 4, 2025
8 hours ago
Trump
PoliticsWhite House
‘We fixed inflation, and we fixed almost everything’: Trump travels to Pennsylvania to talk affordability while denying it’s a problem
By Josh Boak and The Associated PressDecember 4, 2025
8 hours ago
Bear
RetailTariffs and trade
Build-A-Bear stock falls 15% as it reveals the real hit from tariffs, at last
By Michelle Chapman and The Associated PressDecember 4, 2025
8 hours ago
Gen Z
EconomyGen Z
America, meet your alienated youth: ‘Gold standard’ Harvard survey reveals Gen Z’s anxiety and distrust, defined by economic insecurity
By Nick LichtenbergDecember 4, 2025
8 hours ago

Most Popular

placeholder alt text
Economy
Two months into the new fiscal year and the U.S. government is already spending more than $10 billion a week servicing national debt
By Eleanor PringleDecember 4, 2025
17 hours ago
placeholder alt text
Success
‘Godfather of AI’ says Bill Gates and Elon Musk are right about the future of work—but he predicts mass unemployment is on its way
By Preston ForeDecember 4, 2025
13 hours ago
placeholder alt text
North America
Jeff Bezos and Lauren Sánchez Bezos commit $102.5 million to organizations combating homelessness across the U.S.: ‘This is just the beginning’
By Sydney LakeDecember 2, 2025
3 days ago
placeholder alt text
Success
Nearly 4 million new manufacturing jobs are coming to America as boomers retire—but it's the one trade job Gen Z doesn't want
By Emma BurleighDecember 4, 2025
13 hours ago
placeholder alt text
Success
Nvidia CEO Jensen Huang admits he works 7 days a week, including holidays, in a constant 'state of anxiety' out of fear of going bankrupt
By Jessica CoacciDecember 4, 2025
12 hours ago
placeholder alt text
Health
Bill Gates decries ‘significant reversal in child deaths’ as nearly 5 million kids will die before they turn 5 this year
By Nick LichtenbergDecember 4, 2025
24 hours ago
Rankings
  • 100 Best Companies
  • Fortune 500
  • Global 500
  • Fortune 500 Europe
  • Most Powerful Women
  • Future 50
  • World’s Most Admired Companies
  • See All Rankings
Sections
  • Finance
  • Leadership
  • Success
  • Tech
  • Asia
  • Europe
  • Environment
  • Fortune Crypto
  • Health
  • Retail
  • Lifestyle
  • Politics
  • Newsletters
  • Magazine
  • Features
  • Commentary
  • Mpw
  • CEO Initiative
  • Conferences
  • Personal Finance
  • Education
Customer Support
  • Frequently Asked Questions
  • Customer Service Portal
  • Privacy Policy
  • Terms Of Use
  • Single Issues For Purchase
  • International Print
Commercial Services
  • Advertising
  • Fortune Brand Studio
  • Fortune Analytics
  • Fortune Conferences
  • Business Development
About Us
  • About Us
  • Editorial Calendar
  • Press Center
  • Work At Fortune
  • Diversity And Inclusion
  • Terms And Conditions
  • Site Map

© 2025 Fortune Media IP Limited. All Rights Reserved. Use of this site constitutes acceptance of our Terms of Use and Privacy Policy | CA Notice at Collection and Privacy Notice | Do Not Sell/Share My Personal Information
FORTUNE is a trademark of Fortune Media IP Limited, registered in the U.S. and other countries. FORTUNE may receive compensation for some links to products and services on this website. Offers may be subject to change without notice.