Legendary investor Peter Thiel’s influence in the Trump administration continues to grow. The PayPal cofounder and Facebook board member is playing a big role in the transition effort and many of his colleagues and friends have been appointed to key positions in recent weeks. Last month, Trump appointed Trae Stephens, a principal at Thiel’s Founders Fund venture capital firm, to oversee appointments at the Pentagon. And today, the president-elect is expected to name two more executives close to Thiel to the transition team, reports Forbes: Zenefits CFO Mark Woolway will join the Treasury Department’s transition team and Thiel Capital managing director Kevin Harrington is going to join the Commerce Department.MB
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