Elon Musk on the tenth Breakthrough Prize ceremony held on the Academy Museum of Movement Photos on April 13, 2024 in Los Angeles, California.
The Hollywood Reporter | The Hollywood Reporter | Getty Pictures
On Saturday, Elon Musk shared who he’s endorsing for Treasury secretary on X, a cupboard place President-elect Donald Trump has but to announce his choice 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 “truly enact change.”
Lutnick and Key Sq. Group founder and CEO Scott Bessent are reportedly high picks to run the Treasury Division.
Musk, CEO of Tesla and SpaceX, additionally included his ideas on Bessent in his put up on X.
“My view fwiw is that Bessent is a business-as-usual alternative,” he wrote.
“Enterprise-as-usual is driving America bankrupt so we want change a method or one other,” he added.
Musk additionally acknowledged it might be “fascinating to listen to extra individuals weigh in on this for @realDonaldTrump to contemplate suggestions.”
Howard Lutnick, chairman and chief govt officer of Cantor Fitzgerald LP, left, and Elon Musk, chief govt officer of Tesla Inc., throughout a marketing campaign occasion with former US President Donald Trump, not pictured, at Madison Sq. Backyard in New York, US, on Sunday, Oct. 27, 2024.
Bloomberg | Bloomberg | Getty Pictures
In an announcement to Politico, Trump transition spokesperson Karoline Leavitt made it clear that the president-elect has not made any choices concerning the place of Treasury secretary.
“President-elect Trump is making choices on who will serve in his second administration,” Leavitt mentioned in an announcement. “These choices might be introduced when they’re made.”
Each Lutnick and Bessent have shut ties to Trump. Lutnick and Trump have identified one another for many years, and the CEO has even hosted a fundraiser for the president-elect.
The Wall Avenue Journal additionally reported that Lutnick has already been serving to Trump assessment candidates for cupboard positions in his administration.
However, Bessent was a key financial advisor to the president-elect throughout his 2024 marketing campaign. Bessent additionally acquired an endorsement from Republican Senator Lindsey Graham of South Carolina, based on Semafor.
“He is from South Carolina, I do know him effectively, he is extremely certified,” Graham mentioned.
