{"id":127318,"date":"2024-11-18T16:30:53","date_gmt":"2024-11-18T09:30:53","guid":{"rendered":"https:\/\/hotvideos24.online\/?p=127318"},"modified":"2024-11-18T16:30:53","modified_gmt":"2024-11-18T09:30:53","slug":"trump-rethinking-treasury-pick-after-finalist-howard-lutnick-annoys-him-report","status":"publish","type":"post","link":"https:\/\/hotvideos24.online\/?p=127318","title":{"rendered":"Trump Rethinking Treasury Pick After Finalist Howard Lutnick Annoys Him: Report"},"content":{"rendered":"<p> <script async src=\"https:\/\/pagead2.googlesyndication.com\/pagead\/js\/adsbygoogle.js?client=ca-pub-3711241968723425\"\r\n     crossorigin=\"anonymous\"><\/script>\r\n<ins class=\"adsbygoogle\"\r\n     style=\"display:block\"\r\n     data-ad-format=\"fluid\"\r\n     data-ad-layout-key=\"-fb+5w+4e-db+86\"\r\n     data-ad-client=\"ca-pub-3711241968723425\"\r\n     data-ad-slot=\"7910942971\"><\/ins>\r\n<script>\r\n     (adsbygoogle = window.adsbygoogle || []).push({});\r\n<\/script><br \/>\n<\/p>\n<div id=\"\">\n<p class=\"c-paragraph\">The fight over a key position in Donald Trump\u2019s Cabinet is heating up, as business leaders, billionaires, and Wall Street executives are all pushing the president-elect to choose their preferred candidates to lead the Department of the Treasury.<\/p>\n<p class=\"c-paragraph\">Hedge fund manager Scott Bessent and Howard Lutnick, the CEO of Cantor Fitzgerald, emerged over the weekend as two of the leading candidates for Treasury Secretary\u2014an important economic position that will play a critical role in the president-elect\u2019s plan to raise tariffs on imports. <\/p>\n<p class=\"c-paragraph\">However, sources told <a onclick=\"_sendArticleBodyInlineLinkClickAnalytics('https:\/\/www.nytimes.com\/2024\/11\/17\/us\/politics\/trump-treasury-candidates.html')\" href=\"https:\/\/www.nytimes.com\/2024\/11\/17\/us\/politics\/trump-treasury-candidates.html\"><i><u>The New York Times<\/u><\/i><\/a><i> <\/i>that Lutnick, who is the co-chair of Trump\u2019s transition team, has been annoying the president-elect by spending too much time around him in recent weeks. Trump also reportedly bristled at Lutnick\u2019s performance as transition chief, believing that he may have manipulated the effort to benefit himself. <\/p>\n<p class=\"c-paragraph\">Lutnick is the preferred candidate of Elon Musk and Robert F. Kennedy Jr., who publicly threw their weight behind the candidate over the weekend. Musk\u2019s very public fight over the role has also annoyed Trump and his top aides in recent days, according to <a onclick=\"_sendArticleBodyInlineLinkClickAnalytics('https:\/\/www.wsj.com\/politics\/messy-fight-for-trumps-treasury-chief-spills-into-public-36d00ecb?mod=hp_lead_pos3')\" href=\"https:\/\/www.wsj.com\/politics\/messy-fight-for-trumps-treasury-chief-spills-into-public-36d00ecb?mod=hp_lead_pos3\" target=\"_blank\" rel=\"noreferrer noopener\" title=\"https:\/\/www.wsj.com\/politics\/messy-fight-for-trumps-treasury-chief-spills-into-public-36d00ecb?mod=hp_lead_pos3\"><i>The Wall Street Journal<\/i><\/a>.<\/p>\n<figure class=\"c-media-item b-article-body__image\"><img decoding=\"async\" data-chromatic=\"ignore\" alt=\"Howard Lutnick\" class=\"c-image\" loading=\"lazy\" src=\"https:\/\/www.thedailybeast.com\/resizer\/v2\/EZL2IO5LMJBXXCKRYVTES56QCA.jpg?auth=621af7eb2b56b956e9409afd3b969c51d27d4a5f7683bde8698f3c952881f86b&amp;width=800&amp;height=533\" srcset=\"https:\/\/www.thedailybeast.com\/resizer\/v2\/EZL2IO5LMJBXXCKRYVTES56QCA.jpg?auth=621af7eb2b56b956e9409afd3b969c51d27d4a5f7683bde8698f3c952881f86b&amp;width=274&amp;height=182 274w, https:\/\/www.thedailybeast.com\/resizer\/v2\/EZL2IO5LMJBXXCKRYVTES56QCA.jpg?auth=621af7eb2b56b956e9409afd3b969c51d27d4a5f7683bde8698f3c952881f86b&amp;width=400&amp;height=266 400w, https:\/\/www.thedailybeast.com\/resizer\/v2\/EZL2IO5LMJBXXCKRYVTES56QCA.jpg?auth=621af7eb2b56b956e9409afd3b969c51d27d4a5f7683bde8698f3c952881f86b&amp;width=768&amp;height=511 768w, https:\/\/www.thedailybeast.com\/resizer\/v2\/EZL2IO5LMJBXXCKRYVTES56QCA.jpg?auth=621af7eb2b56b956e9409afd3b969c51d27d4a5f7683bde8698f3c952881f86b&amp;width=1024&amp;height=682 1024w, https:\/\/www.thedailybeast.com\/resizer\/v2\/EZL2IO5LMJBXXCKRYVTES56QCA.jpg?auth=621af7eb2b56b956e9409afd3b969c51d27d4a5f7683bde8698f3c952881f86b&amp;width=1440&amp;height=959 1440w\" width=\"800\" height=\"533\"\/><figcaption class=\"c-media-item__fig-caption\"><span class=\"c-media-item__caption\">Howard Lutnick speaks at the 2024 Bitcoin Conference. Robert F. Kennedy Jr. also endorsed Lutnick, citing his outspoken support for the cryptocurrency. <\/span><span class=\"c-media-item__credit\">The Washington Post\/The Washington Post via Getty Im <\/span><\/figcaption><\/figure>\n<p class=\"c-paragraph\">Musk, the billionaire CEO of Tesla and SpaceX, weighed in on the debate in a post on X on Saturday. \u201cMy view fwiw is that Bessent is a business-as-usual choice, whereas @howardlutnick will actually enact change. Business-as-usual is driving America bankrupt, so we need change,\u201d Musk wrote in a post on Saturday morning, hours before he would sit beside the president-elect at Madison Square Garden for a UFC event.<\/p>\n<p class=\"c-paragraph\">Kennedy, Trump\u2019s pick for Secretary of Health and Human Services, also backed Lutnick in <a onclick=\"_sendArticleBodyInlineLinkClickAnalytics('https:\/\/x.com\/RobertKennedyJr\/status\/1857844634879152540')\" href=\"https:\/\/x.com\/RobertKennedyJr\/status\/1857844634879152540\"><u>his own post<\/u><\/a>, citing his support for Bitcoin and cryptocurrency. Unlike many other traditional finance companies, Cantor Fitzgerald has embraced crypto, announcing the launch of <a onclick=\"_sendArticleBodyInlineLinkClickAnalytics('https:\/\/www.coindesk.com\/business\/2024\/07\/27\/wall-streets-cantor-fitzgerald-to-open-bitcoin-financing-lending-business\/')\" href=\"https:\/\/www.coindesk.com\/business\/2024\/07\/27\/wall-streets-cantor-fitzgerald-to-open-bitcoin-financing-lending-business\/\"><u>Bitcoin financing services<\/u><\/a> at the Bitcoin Conference in July.<\/p>\n<p class=\"c-paragraph\">Sources told the <i>Times <\/i>that Trump was also considering former Federal Reserve Gov. Kevin Warsh and Apollo Global Management CEO Marc Rowan for the job. Two other candidates\u2014billionaire hedge fund manager <a onclick=\"_sendArticleBodyInlineLinkClickAnalytics('https:\/\/www.reuters.com\/world\/us\/billionaire-investor-paulson-says-he-will-not-be-us-treasury-secretary-2024-11-12\/')\" href=\"https:\/\/www.reuters.com\/world\/us\/billionaire-investor-paulson-says-he-will-not-be-us-treasury-secretary-2024-11-12\/\"><u>John Paulson<\/u><\/a> and Trump\u2019s former Director of the National Economic Council <a onclick=\"_sendArticleBodyInlineLinkClickAnalytics('https:\/\/www.thedailybeast.com\/trump-considering-fox-business-host-larry-kudlow-for-his-cabinet\/')\" href=\"https:\/\/www.thedailybeast.com\/trump-considering-fox-business-host-larry-kudlow-for-his-cabinet\/\"><u>Larry Kudlow<\/u><\/a>, have both taken themselves out of the running.<\/p>\n<figure class=\"c-media-item b-article-body__image\"><img decoding=\"async\" data-chromatic=\"ignore\" alt=\"Scott Bessent\" class=\"c-image\" loading=\"lazy\" src=\"https:\/\/www.thedailybeast.com\/resizer\/v2\/RKKFWOEUTBHEVJMPY37XB5SECI.jpg?auth=0f27c29e402c022f2f21a5baa6b6d2d43f279c16ea1e0d9329d3e2a4f71dd0ed&amp;width=800&amp;height=533\" srcset=\"https:\/\/www.thedailybeast.com\/resizer\/v2\/RKKFWOEUTBHEVJMPY37XB5SECI.jpg?auth=0f27c29e402c022f2f21a5baa6b6d2d43f279c16ea1e0d9329d3e2a4f71dd0ed&amp;width=274&amp;height=182 274w, https:\/\/www.thedailybeast.com\/resizer\/v2\/RKKFWOEUTBHEVJMPY37XB5SECI.jpg?auth=0f27c29e402c022f2f21a5baa6b6d2d43f279c16ea1e0d9329d3e2a4f71dd0ed&amp;width=400&amp;height=266 400w, https:\/\/www.thedailybeast.com\/resizer\/v2\/RKKFWOEUTBHEVJMPY37XB5SECI.jpg?auth=0f27c29e402c022f2f21a5baa6b6d2d43f279c16ea1e0d9329d3e2a4f71dd0ed&amp;width=768&amp;height=511 768w, https:\/\/www.thedailybeast.com\/resizer\/v2\/RKKFWOEUTBHEVJMPY37XB5SECI.jpg?auth=0f27c29e402c022f2f21a5baa6b6d2d43f279c16ea1e0d9329d3e2a4f71dd0ed&amp;width=1024&amp;height=682 1024w, https:\/\/www.thedailybeast.com\/resizer\/v2\/RKKFWOEUTBHEVJMPY37XB5SECI.jpg?auth=0f27c29e402c022f2f21a5baa6b6d2d43f279c16ea1e0d9329d3e2a4f71dd0ed&amp;width=1440&amp;height=959 1440w\" width=\"800\" height=\"533\"\/><figcaption class=\"c-media-item__fig-caption\"><span class=\"c-media-item__caption\">Scott Bessent, the founder of hedge fund Key Square Group, has reportedly met with Trump&#8217;s transition team multiple times. <\/span><span class=\"c-media-item__credit\">DOMINIC GWINN\/Middle East Images\/AFP via Getty <\/span><\/figcaption><\/figure>\n<p class=\"c-paragraph\">Bessent has <a onclick=\"_sendArticleBodyInlineLinkClickAnalytics('https:\/\/www.reuters.com\/world\/us\/bessent-paulson-lead-us-treasury-secretary-under-trump-sources-say-2024-11-08\/')\" href=\"https:\/\/www.reuters.com\/world\/us\/bessent-paulson-lead-us-treasury-secretary-under-trump-sources-say-2024-11-08\/\"><u>met with the transition team<\/u><\/a> multiple times since Trump\u2019s electoral victory on Nov. 5\u2014most recently on Friday, the <a onclick=\"_sendArticleBodyInlineLinkClickAnalytics('https:\/\/www.wsj.com\/politics\/scott-bessent-economic-role-trump-cabinet-3af2a446')\" href=\"https:\/\/www.wsj.com\/politics\/scott-bessent-economic-role-trump-cabinet-3af2a446\"><i><u>Wall Street Journal<\/u><\/i><\/a><i> <\/i>reported.<\/p>\n<p class=\"c-paragraph\">Sources familiar with the decision-making process told the <a onclick=\"_sendArticleBodyInlineLinkClickAnalytics('https:\/\/www.ft.com\/content\/3c98661c-8b8b-4c84-b32a-611c1c59dd1b')\" href=\"https:\/\/www.ft.com\/content\/3c98661c-8b8b-4c84-b32a-611c1c59dd1b\"><i><u>Financial Times<\/u><\/i><\/a><i> <\/i>that Trump\u2019s advisors are seeking assurances from the candidates that they would commit to the president-elect\u2019s plans to enact significant tariffs\u2014a centerpiece of his economic agenda that he previewed frequently on the 2024 campaign trail.<\/p>\n<p class=\"c-paragraph\">Sources also said a dark horse candidate might yet emerge, with several naming Robert Lighthizer, the former U.S. Trade Representative during Trump\u2019s first term, as a potential candidate. <\/p>\n<p class=\"c-paragraph\">Trump is also considering appointing Lighthizer, a major tariff proponent who helped wage his trade war with China during his first term, as a \u201ctrade czar,\u201d sources told the <a onclick=\"_sendArticleBodyInlineLinkClickAnalytics('https:\/\/www.wsj.com\/politics\/elections\/bob-ligthizer-trade-czar-trump-cabinet-baf10387')\" href=\"https:\/\/www.wsj.com\/politics\/elections\/bob-ligthizer-trade-czar-trump-cabinet-baf10387\"><i><u>Journal<\/u><\/i><\/a><i> <\/i>last week.<\/p>\n<\/div>\n<p><script async src=\"https:\/\/pagead2.googlesyndication.com\/pagead\/js\/adsbygoogle.js?client=ca-pub-3711241968723425\"\r\n     crossorigin=\"anonymous\"><\/script>\r\n<ins class=\"adsbygoogle\"\r\n     style=\"display:block\"\r\n     data-ad-format=\"fluid\"\r\n     data-ad-layout-key=\"-fb+5w+4e-db+86\"\r\n     data-ad-client=\"ca-pub-3711241968723425\"\r\n     data-ad-slot=\"7910942971\"><\/ins>\r\n<script>\r\n     (adsbygoogle = window.adsbygoogle || []).push({});\r\n<\/script><br \/>\n<br \/><div data-type=\"_mgwidget\" data-widget-id=\"1660802\">\r\n<\/div>\r\n<script>(function(w,q){w[q]=w[q]||[];w[q].push([\"_mgc.load\"])})(window,\"_mgq\");\r\n<\/script>\r\n<br \/>\n<br \/><a href=\"https:\/\/www.thedailybeast.com\/battle-over-trumps-treasury-sec-gets-messy-as-musk-puts-thumb-on-the-scale\/\">Source link <\/a><\/p>\n","protected":false},"excerpt":{"rendered":"<p>The fight over a key position in Donald Trump\u2019s Cabinet is heating up, as business leaders, billionaires, and Wall Street executives are all pushing the president-elect to choose their preferred &hellip; <a href=\"https:\/\/hotvideos24.online\/?p=127318\" class=\"more-link\">Read 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