ChainCatcher reported that according to Jinshi, Key Square Group LP founder Scott Bessent, one of the popular candidates for Secretary of the Treasury under the Trump administration, praised Trump's economic agenda as competition for upcoming cabinet members intensifies, believing that it will promote economic growth in various fields.
In recent days, the competition for Trump's second Treasury Secretary has entered the public eye, with Cantor Fitzgerald LP CEO Howard Lutnick, former U.S. Trade Representative Robert Lighthizer and former Securities and Exchange Commission Chairman Jay Clayton all mentioned as possible candidates.
Lutnick, who was picked by Trump as a co-chair of the transition, is also campaigning for the position, according to people familiar with the matter. Lutnick is opposing Bessant, saying the hedge fund manager is weak on key protectionist promises, including tariffs. The nomination for the new U.S. Treasury secretary could be announced as early as this week, according to people familiar with the matter.