Messy fight for Trump’s treasury chief spills into public
1 month ago

Messy fight for Trump’s treasury chief spills into public

Live Mint  

A messy fight over who should be President-elect Donald Trump’s Treasury secretary has played out privately at Mar-a-Lago in recent days. Musk’s support for Lutnick even went as far as to discredit another finalist for the job, investor Scott Bessent, whom Trump has expressed great admiration for and who is considered a top contender. Earlier this week, Lutnick caught wind from Trump’s allies that he might not end up becoming Treasury secretary and turned to Musk to help him try to get the job, these people said. Musk’s public support for Lutnick comes after Bessent’s supporters reached out to the SpaceX CEO for an endorsement of their preferred candidate for Treasury secretary, one of the people familiar with the matter said. Lutnick’s having allies close to Trump and on the ground at his private club gives him a potential advantage over Bessent when it comes to the larger campaign for Treasury secretary.

Support Trump Bitcoin Treasury Musk Journal Allies Kennedy Public Chief Secretary Lutnick Treasury Secretary Wall Street Luckey Bessent Cantor Fitzgerald  public  spills  wrote  bessent  allies  messy  support  chief  lutnick  fight  musk  trumps  trump  secretary  treasury

History of this topic

Wall Street veteran Scott Bessent tapped as Donald Trump's treasury secretary
4 weeks, 1 day ago

Wall Street veteran Scott Bessent tapped as Donald Trump's treasury secretary

India Today  

President-elect Donald Trump on Friday said he will nominate prominent investor Scott Bessent as US Treasury secretary, ending days of twists that saw high profile candidates pitted against each other for the cabinet position with vast influence over economic, regulatory and international affairs. Bessent follows other financial luminaries who have taken the job, including former Goldman Sachs executives Robert Rubin, …

Trump Raced To Pick Many Cabinet Posts. He Took More Time To Settle On A Treasury Secretary.
Trending News
4 weeks, 1 day ago

Trump Raced To Pick Many Cabinet Posts. He Took More Time To Settle On A Treasury Secretary.

Huff Post  

LOADING ERROR LOADING WASHINGTON — President-elect Donald Trump launched a blitz of picks for his Cabinet, but he took his time before settling on billionaire investor Scott Bessent as his treasury secretary nominee. Trump also looked at other candidates, including former Federal Reserve governor Kevin Warsh, Marc Rowan, the chief executive of Apollo Global Management, and Sen. Bill Hagerty, R-Tenn. …

Trump move shows 'limit to influence' of one of his 'strongest political allies': report
4 weeks, 1 day ago

Trump move shows 'limit to influence' of one of his 'strongest political allies': report

Raw Story  

One of Donald Trump's latest actions shows that one of his closest allies doesn't have the influence over the president-elect that some thought, according to a new report. John L. Dorman, a senior politics reporter at Business Insider, wrote on Saturday that Musk "has become one of Donald Trump's strongest political allies." Last Saturday, however, before Trump decided, Musk shared …

Trump rejects Elon Musk’s treasury secretary pick, names his own favorite instead
1 month ago

Trump rejects Elon Musk’s treasury secretary pick, names his own favorite instead

Hindustan Times  

Donald Trump has chosen hedge fund veteran Scott Bessent to serve as his Treasury Secretary, reports confirm. Musk publicly endorsed Howard Lutnick as a candidate who could bring about necessary change, contrasting Lutnick’s approach with Bessent's more traditional stance. FILE PHOTO: Key Square Group founder Scott Bessent speaks at a campaign event for Republican presidential nominee and former U.S. President …

'Home run': Republican pleased as Trump reportedly offers key role to Wall Street insider
1 month ago

'Home run': Republican pleased as Trump reportedly offers key role to Wall Street insider

Raw Story  

President-elect Donald Trump has offered hedge fund executive Scott Bessent to head the Treasury Department, CNN reported. The reporting on Trump’s transition team came Friday afternoon days after the incoming president named Wall Street executive Howard Lutnick as Commerce secretary. “I think he’s got the right skill set and experience to do the job,” longtime GOP strategist Scott Jennings said …

Treasury Candidate Factions Vie to Win Over an Undecided Trump
1 month ago

Treasury Candidate Factions Vie to Win Over an Undecided Trump

Live Mint  

Presiden-elect Donald Trump’s uncertainty about his slate of Treasury secretary candidates has led to rival factions once again trying to win his favor. Warsh has been involved in transition efforts run out of Trump’s Mar-a-Lago club in Palm Beach since Election Day, largely helping develop economic policy plans. Since Election Day, Bessent has met with Trump multiple times and at …

Trump picks hedge fund billionaire Bessent to run Treasury
1 month ago

Trump picks hedge fund billionaire Bessent to run Treasury

Salon  

Donald Trump has nominated hedge fund manager Scott Bessent to lead the U.S. Treasury, ending speculation over who would hold the key economic position. In a statement posted to Truth Social on Friday, Trump championed Bessent as “one of the World's foremost International Investors.” “Scott will support my Policies that will drive U.S. Competitiveness, and stop unfair Trade imbalances, work …

US President-elect Donald Trump names Howard Lutnick as commerce secretary
Trending News
1 month ago

US President-elect Donald Trump names Howard Lutnick as commerce secretary

India Today  

US President-elect Donald Trump nominated Howard Lutnick, the co-chair of his transition team, as his commerce secretary on Tuesday -- a choice set to bring a tougher stance on China from the incoming administration. Lutnick will also lead the country's tariff and trade agenda, with "additional direct responsibility for the Office of the United States Trade Representative," Trump said in …

Trump chooses billionaire and key transition advisor Howard Lutnick for Commerce Secretary
1 month ago

Trump chooses billionaire and key transition advisor Howard Lutnick for Commerce Secretary

The Hindu  

President-elect Donald Trump has chosen Howard Lutnick, head of brokerage and investment bank Cantor Fitzgerald and a cryptocurrency enthusiast, as his nominee for commerce secretary, a position in which he'd have a key role in carrying out Mr. Trump's plans to raise and enforce tariffs. Mr. Lutnick is a co-chair of Mr. Trump's transition team, along with Linda McMahon, the …

What to know about Howard Lutnick, Trump’s pick for commerce secretary
1 month ago

What to know about Howard Lutnick, Trump’s pick for commerce secretary

Associated Press  

WASHINGTON — President-elect Donald Trump has chosen Howard Lutnick, head of brokerage and investment bank Cantor Fitzgerald and cryptocurrency enthusiast, as his nominee for commerce secretary. He was Elon Musk’s pick to lead the Treasury Department Elon Musk and others in Trump’s orbit called on Trump last week to dump previous front-runner for treasury secretary, Scott Bessent, in favor of …

Trump picks billionaire Wall Street CEO Howard Lutnick as commerce secretary
1 month ago

Trump picks billionaire Wall Street CEO Howard Lutnick as commerce secretary

Hindustan Times  

President-elect Donald Trump chose Howard Lutnick, head of brokerage and investment bank Cantor Fitzgerald and a cryptocurrency enthusiast, as his nominee for commerce secretary, a position in which he'd have a key role in carrying out Trump's plans to raise and enforce tariffs. Howard Lutnick, Chairman and CEO of Cantor Fitzgerald, gestures as he speaks during a rally for Republican …

Trump throws two more names into ring for treasury secretary after Musk’s favorite annoyed him
1 month ago

Trump throws two more names into ring for treasury secretary after Musk’s favorite annoyed him

The Independent  

Sign up for the daily Inside Washington email for exclusive US coverage and analysis sent to your inbox Get our free Inside Washington email Get our free Inside Washington email SIGN UP I would like to be emailed about offers, events and updates from The Independent. Read our privacy policy Donald Trump has thrown two more names into the ring …

Live updates: Trump presidential transition news
54 years, 11 months ago

Live updates: Trump presidential transition news

CNN  

In the nearly two weeks since he won the election, President-elect Donald Trump has been on the hunt for a Treasury secretary without much luck. Trump is expected to interview Kevin Warsh, a former Federal Reserve governor who was once considered for the Federal Reserve chair during Trump’s first term. Now, Trump is considering Warsh alongside several other names, including …

Is the Donald Trump-Elon Musk bromance already hitting a roadblock?
1 month ago

Is the Donald Trump-Elon Musk bromance already hitting a roadblock?

Firstpost  

Elon Musk, the world’s richest man, seems to have had a blazing row with Boris Epshteyn, one of President-elect Donald Trump’s top advisers over his influence over the Cabinet picks. Some Trump insiders are accusing Elon Musk of trying to act as ‘co-president.’ Image Credit: AFP Musk is famed for his manic working habits and self-described “hardcore” style, running his …

Trump taps Howard Lutnick, billionaire and transition team leader, for commerce secretary
Top News
1 month ago

Trump taps Howard Lutnick, billionaire and transition team leader, for commerce secretary

Salon  

President-elect Donald Trump said Tuesday he has selected Howard Lutnick, a Wall Street executive, transition team leader and cryptocurrency fan, to serve as commerce secretary. Lutnick is head of brokerage and investment bank Cantor Fitzgerald and co-chairs Trump's transition team along with Linda McMahon, the former wrestling executive who previously led Trump’s Small Business Administration, per The Associated Press. In …

Trump picks Lutnick to be Commerce secretary
1 month ago

Trump picks Lutnick to be Commerce secretary

CNN  

CNN — Donald Trump announced Cantor Fitzgerald CEO Howard Lutnick as his pick for secretary of the Department of Commerce on Tuesday, selecting his transition co-chair for a key role in an administration that the president-elect has promised will enact sweeping tariffs. In being tapped for Commerce, Lutnick edged out Robert Lighthizer, the US trade representative during Trump’s first term, …

What to know about Howard Lutnick, Trump’s pick for Commerce secretary
1 month ago

What to know about Howard Lutnick, Trump’s pick for Commerce secretary

LA Times  

Howard Lutnick speaks at a Trump rally at Madison Square Garden in New York last month. President-elect Donald Trump has chosen Howard Lutnick, head of the brokerage and investment bank Cantor Fitzgerald and a cryptocurrency enthusiast, as his nominee for Commerce secretary. Elon Musk wanted him for the post Elon Musk and others in Trump’s orbit called on Trump last …

Trump picks Wall Street CEO Howard Lutnick as commerce secretary
1 month ago

Trump picks Wall Street CEO Howard Lutnick as commerce secretary

NPR  

Trump picks Wall Street CEO Howard Lutnick as commerce secretary Lutnick, a billionaire investor who has been overseeing Trump's transition, will oversee a sweeping federal bureaucracy and have a role in enforcing Trump's promised tariffs. Trump also named a close ally to be his new commerce secretary, Howard Lutnick. But Commerce also has this big role to play in the …

'Massive blowup' between Elon Musk and Trump adviser Boris Epshteyn over Cabinet appointments: Report
Trending News
1 month ago

'Massive blowup' between Elon Musk and Trump adviser Boris Epshteyn over Cabinet appointments: Report

Firstpost  

Tensions flared between key allies of president-elect Donald Trump, leading to a “massive blowup” and a heated confrontation between tech mogul Elon Musk and prominent Trump lawyer and adviser Boris Epshteyn, according to a report. Tensions flared between key allies of president-elect Donald Trump over crucial Cabinet appointments, resulting in a “massive blowup” and a heated confrontation between tech mogul …

Musk is fighting with top Trump adviser on cabinet picks as Tesla CEO’s influence grows
1 month ago

Musk is fighting with top Trump adviser on cabinet picks as Tesla CEO’s influence grows

The Independent  

Sign up for the daily Inside Washington email for exclusive US coverage and analysis sent to your inbox Get our free Inside Washington email Get our free Inside Washington email SIGN UP I would like to be emailed about offers, events and updates from The Independent. Musk is clashing with longtime Trump attorney and adviser Boris Epshteyn, including questioning his …

'Massive blowup': Trump advisers reportedly clash in front of Mar-a-Lago diners
1 month ago

'Massive blowup': Trump advisers reportedly clash in front of Mar-a-Lago diners

Raw Story  

Two advisers close to Donald Trump are engaged in a bitterly personal power struggle over some of the former president's Cabinet nominees, according to a new report. Elon Musk quickly worked his way into the president-elect's inner circle after pouring about $200 million into his re-election campaign, but there are already signs of tension between the tech mogul and other …

'On Mr. Trump’s nerves': Transition chief irks president-elect amid internal 'knife fight'
1 month ago

'On Mr. Trump’s nerves': Transition chief irks president-elect amid internal 'knife fight'

Raw Story  

The man leading Donald Trump's transition team is reportedly driving the president-elect up the wall as he conducts a political "knife fight" against a powerful competitor. Wall Street executive Howard Lutnick's chances of securing a powerful role as Treasury Secretary appear to be dwindling as he continues to irk the president-elect, the New York Times reported late Sunday. "Lutnick, who …

Trump expands pool of possible Treasury picks as top candidates jockey for the job
1 month ago

Trump expands pool of possible Treasury picks as top candidates jockey for the job

CNN  

CNN — President-elect Donald Trump is casting a wider net for Treasury secretary after jockeying among his top two candidates sent him looking for an alternative solution, according to multiple people familiar with the process. Trump is now considering Kevin Warsh, a former investment banker and former Federal Reserve governor whom Trump has often consulted for economic advice, and Marc …

"Knife fight": As contenders battle, Trump still debating who will lead the Treasury Department
1 month ago

"Knife fight": As contenders battle, Trump still debating who will lead the Treasury Department

Salon  

After wasting no time in naming a number of right-wing loyalists to his cabinet, President-elect Donald Trump is still debating who will be his Treasury Secretary, The New York Times reported Sunday. Trump was originally expected to pick either Wall Street mogul Howard Lutnick or hedge fund manager Scott Bessent, but is now reportedly having second thoughts. Several other candidates …

'Protracted standoff': Reporter spills about 'absolutely crucial moment' with Trump's team
1 month ago

'Protracted standoff': Reporter spills about 'absolutely crucial moment' with Trump's team

Raw Story  

Donald Trump is struggling with a "crucial" decision involving his transition, a Washington Post reporter said on Saturday. Economics reporter Jeff Stein took to social media over the weekend to spill about the details of what he called a "protracted standoff" involving a potential Trump team nominee. In a follow-up news report, Stein and other reporters said, "Elon Musk, the …

Musk Throws Support to Lutnick Over Bessent in Treasury Race
1 month ago

Musk Throws Support to Lutnick Over Bessent in Treasury Race

Live Mint  

Billionaire Elon Musk voiced support for Howard Lutnick in the race to be President-elect Donald Trump’s next Treasury secretary as warring camps make final pushes for the coveted cabinet post. Here’s the latests from the transition: Trump Backs Whatley The president-elect used a gathering Friday night at his Mar-a-Lago club to publicly endorse Republican National Committee co-chair Michael Whatley for …

Who is Howard Lutnick, the billionaire who Musk has backed for Trump 2.0's Treasury Secretary
1 month ago

Who is Howard Lutnick, the billionaire who Musk has backed for Trump 2.0's Treasury Secretary

Firstpost  

Lutnick, 63, rose to prominence following the September 11, 2001, terrorist attacks, which claimed the lives of 658 Cantor Fitzgerald employees, including his brother Howard Lutnick, Chairman and CEO of Cantor Fitzgerald, gestures as he speaks during a rally for Republican presidential nominee and former US President Donald Trump at Madison Square Garden, in New York, US, October 27, 2024. …

Elon Musk wants Trump to disrupt Wall Street with Treasury pick
1 month, 1 week ago

Elon Musk wants Trump to disrupt Wall Street with Treasury pick

CNN  

CNN — As Donald Trump privately considers his team to lead America’s economy during his term, Elon Musk has put his thumb on the scale, urging followers on X to help make a public push for a candidate who won’t be “business as usual” on Wall Street. “Business-as-usual is driving America bankrupt, so we need change one way or another.” …

Trump’s Treasury pick: Lutnick now a top contender alongside Bessent, sources say
1 month, 1 week ago

Trump’s Treasury pick: Lutnick now a top contender alongside Bessent, sources say

Live Mint  

* Lutnick and Bessent are top contenders for Treasury Secretary * Trump's picks for key roles are loyalists unlikely to oppose controversial orders * Bessent leads betting odds for Treasury Secretary at 68%, Lutnick at 31% By Svea Herbst-Bayliss and Alexandra Ulmer Nov 13 - Billionaire banker Howard Lutnick has emerged as a serious contender alongside investor Scott Bessent for …

Donald Trump cabinet 2.0: From Elon Musk to Marco Rubio – who’s in, who’s running for his second-term shake-up?
1 month, 1 week ago

Donald Trump cabinet 2.0: From Elon Musk to Marco Rubio – who’s in, who’s running for his second-term shake-up?

Live Mint  

US News: Donald Trump is making significant moves in selecting key figures for his upcoming administration, tapping both loyalists and new faces for pivotal positions. Trump described Stefanik as a “strong, tough, and smart America First fighter.” Lee Zeldin – EPA Administrator Donald Trump has appointed former congressman Lee Zeldin as the Environmental Protection Agency administrator. Robert Lighthizer – Trade …

Elon Musk to join Donald Trump-led US Cabinet? SpaceX and Tesla CEO says…
1 month, 2 weeks ago

Elon Musk to join Donald Trump-led US Cabinet? SpaceX and Tesla CEO says…

Live Mint  

Billionaire businessman Elon Musk has emerged as an ardent supporter of Donald Trump in recent months — from attending campaign rallies to donating more than $100 million to Republican causes. He nominated five people who were predominantly businessmen as Cabinet secretaries during his first term in office — including Exxon Mobil CEO Rex Tillerson, billionaire philanthropist Betsy DeVos, and former …

Donald Trump's second term: Who's in the running for top administration jobs?
1 month, 2 weeks ago

Donald Trump's second term: Who's in the running for top administration jobs?

India Today  

Donald Trump will begin the process of choosing a cabinet and selecting other high-ranking administration officials in the coming weeks following his presidential election victory. LARRY KUDLOW, POTENTIAL TREASURY SECRETARY FOX Business Network personality Larry Kudlow, who served as director of the National Economic Council for much of Trump's first term, has an outside shot at becoming his treasury secretary …

Donald Trump’s second term dream team: Who’s set to shape his next Cabinet?
1 month, 2 weeks ago

Donald Trump’s second term dream team: Who’s set to shape his next Cabinet?

Firstpost  

As Donald Trump prepares for a second term, his potential Cabinet selections offer a mix of loyal allies, former senior officials, and a few surprising names. United States Secretary of State Ric Grenell Trump’s former ambassador to Germany, Ric Grenell, earned praise for taking a firm stance on NATO allies and defense spending. Robert O’Brien Former National Security Advisor Robert …

I can't wait: Elon Musk on Trump 'considering' auditing role for Tesla CEO
3 months, 2 weeks ago

I can't wait: Elon Musk on Trump 'considering' auditing role for Tesla CEO

India Today  

Tech titan Elon Musk has expressed his eagerness to be part of a commission being mulled by Republican Donald Trump to audit US agencies if he wins the presidential polls in November. Musk's reaction came to a report in the Washington Post that said Trump might involve top business executives, including Elon Musk, in auditing government agencies to identify programs …

Discover Related