Uber and Lyft Hail Trump’s Transportation Pick

Elaine Chao,  a former U.S. Labor Secretary, has supported workplace practices in sharing economy

Trump Picks Elaine Chao for DOT Secretary

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Uber Technologies Inc. and Lyft Inc. reacted favorably to President-elect Donald Trump's decisionBloomberg Terminal to nominate Elaine Chao for U.S. Transportation Secretary, viewing her as an experienced regulator who has publicly supported their labor model.

"We have the utmost respect for Elaine Chao, an accomplished public servant and highly capable leader," Adrian Durbin, a spokesman for Lyft, wrote in an e-mail. "We congratulate her on the nomination and look forward to working with her on an array of transportation issues."