%2011_07_24%20%20(1).jpg?rect=0%2C51%2C3650%2C1916&w=1200&auto=format%2Ccompress&ogImage=true "Streamlining Regional Rural Banks For Enhanced Effectivity And Progress")
Elon Musk on the tenth Breakthrough Prize ceremony held on the Academy Museum of Motion Images on April 13, 2024 in Los Angeles, California.
The Hollywood Reporter | The Hollywood Reporter | Getty Images
On Saturday, Elon Musk shared who he’s endorsing for Treasury secretary on X, a cabinet place President-elect Donald Trump has however to announce his need to fill.
Musk wrote that Howard Lutnick, Trump-Vance transition co-chair and CEO and chairman of Cantor Fitzgerald, BGC Group and Newmark Group chairman, will “actually enact change.”
Lutnick and Key Sq. Group founder and CEO Scott Bessent are reportedly prime picks to run the Treasury Division.
Musk, CEO of Tesla and SpaceX, moreover included his concepts on Bessent in his put up on X.
“My view fwiw is that Bessent is a business-as-usual various,” he wrote.
“Enterprise-as-usual is driving America bankrupt so we would like change a way or one different,” he added.
Musk moreover stated it is perhaps “attention-grabbing to take heed to further of us weigh in on this for @realDonaldTrump to ponder ideas.”
Howard Lutnick, chairman and chief govt officer of Cantor Fitzgerald LP, left, and Elon Musk, chief govt officer of Tesla Inc., all through a advertising and marketing marketing campaign event with former US President Donald Trump, not pictured, at Madison Sq. Yard in New York, US, on Sunday, Oct. 27, 2024.
Bloomberg | Bloomberg | Getty Images
In a press launch to Politico, Trump transition spokesperson Karoline Leavitt made it clear that the president-elect has not made any choices in regards to the place of Treasury secretary.
“President-elect Trump is making choices on who will serve in his second administration,” Leavitt talked about in a press launch. “These choices could be launched once they’re made.”
Every Lutnick and Bessent have shut ties to Trump. Lutnick and Trump have acknowledged each other for a few years, and the CEO has even hosted a fundraiser for the president-elect.
The Wall Avenue Journal moreover reported that Lutnick has already been serving to Trump evaluation candidates for cabinet positions in his administration.
Alternatively, Bessent was a key monetary advisor to the president-elect all through his 2024 advertising and marketing marketing campaign. Bessent moreover acquired an endorsement from Republican Senator Lindsey Graham of South Carolina, in response to Semafor.
“He’s from South Carolina, I do know him correctly, he’s extraordinarily licensed,” Graham talked about.