One of Silicon Valley\u2019s star investment bankers is expected to take a senior job at the Commerce Department, becoming the latest person from the tech sector to join the Trump administration.<\/p>\n

Michael Grimes, the co-leader of Morgan Stanley\u2019s global technology banking practice, is expected to take a senior role at the agency, which oversees international trade and other cross-border matters, according to three people with knowledge of Mr. Grimes\u2019s move. His precise role at the agency has not yet been finalized.<\/p>\n

Mr. Grimes is one of Silicon Valley\u2019s most prominent bankers. He advised Elon Musk on his $44 billion purchase of Twitter in 2022, helping connect Mr. Musk with firms and individuals to help finance the acquisition. Mr. Grimes\u2019s colleague in that high-wire act, Anthony Armstrong, has already assumed a role at the Office of Personnel Management<\/a>, the federal human-resources agency that has taken on Mr. Musk\u2019s heavy imprint.<\/p>\n

Mr. Grimes became a quasi-celebrity in the world of investment banking as he shepherded many of the largest and buzziest technology companies into the public markets. Mr. Grimes led the initial public offerings for landmark companies like Facebook in 2012 and, in 2019, Uber \u2014 a deal that Mr. Grimes won after working<\/a> as an Uber driver in order to impress the company\u2019s management.<\/p>\n<\/div>\n