Howard Lutnick: From Wall Street's Villain to Trump's Commerce Secretary
TL;DR Summary
Elon Musk, a strong political ally of Donald Trump, suggested Howard Lutnick for Treasury Secretary, but Trump chose hedge fund manager Scott Bessent instead. This decision highlights a limit to Musk's influence on Trump, despite Musk's significant support for Trump's 2024 campaign. Bessent, a Wall Street veteran, aligns with Trump's economic views and is seen as a stabilizing figure. Meanwhile, Lutnick was nominated for Commerce Secretary, indicating Musk's influence in other areas of the administration.
- Trump's pick for Treasury secretary shows there's a limit to Elon Musk's influence Business Insider
- Howard Lutnick’s Other Top Client: Crypto Giant Tether The Wall Street Journal
- Trump picks Lutnick to be Commerce secretary CNN
- How Howard Lutnick Could Shake Up Global Trade The New York Times
- ‘The Most Hated Guy On Wall Street’: The Unspoken Story Around Howard Lutnick, Trump’s Pick For Commerce Secretary Forbes
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