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News in English (USA) / 17.11.2024 / 08:00

Intense Competition for Trump’s Treasury Secretary Nomination

As Donald Trump prepares to finalize his pick for Treasury Secretary, the race has become increasingly public and contentious. Key contenders include Scott Bessent, who is backed by influential figures like Senator Lindsey Graham, and Howard Lutnick, who has garnered support from billionaire Elon Musk. Musk has openly endorsed Lutnick, emphasizing the need for change at the Treasury and encouraging Trump to consider public opinion on the decision. With varying perspectives on economic strategy, including tariff policies and cryptocurrency advocacy, the choice is seen as pivotal for the future direction of the U.S. economy. As the deadline approaches, both candidates are making their case, leaving the political landscape abuzz with speculation and insight into their visions for the Treasury.
Bloomberg, The Washington Post, The Wall Street Journal, Forbes, The Economist, CNN, CNBC, Business Insider, Reuters, Semafor