Todd Ricketts to Become GOP Finance Chair

In this Nov. 19, 2016, photo, then-President-elect Donald Trump shakes hands with Todd Ricketts at Trump’s golf club in Bedminster, N.J. (AP Photo/Carolyn Kaster, File)

The Republican National Committee is confirming billionaire Todd Ricketts as its next finance chair, replacing casino magnate Steve Wynn, who resigned last week over allegations of misconduct, which Wynn denies.

At the RNC’s winter meeting, the committee is approving the recommendation by Chairwoman Ronna McDaniel, with President Donald Trump’s blessing.

Ricketts, an owner of a Chicago baseball team, was nominated last year by Trump to be deputy secretary of commerce, but withdrew from consideration over financial-divestiture rules.

The RNC raised $132.5 million in 2017, a record for post-election-year fundraising.

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