Bitter Battle for Trump's Treasury Secretary Pick Intensifies

A fierce battle is unfolding between Howard Lutnick and Scott Bessent for the position of Treasury Secretary in Donald Trump's administration, with Wall Street factions attempting to discredit each other's candidates. Lutnick, backed by Elon Musk, faces criticism for allegedly using his transition team role to promote himself, while Bessent is under scrutiny for purported poor hedge fund returns. The rivalry highlights divisions within Trump's circle, prompting a broader search for candidates, including Kevin Warsh and Marc Rowan.