Musk Endorses Howard Lutnick for Treasury Secretary in Trump’s Cabinet
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Musk favors Lutnick over Bessent for Treasury secretary to drive real economic change.
Both Lutnick and Bessent back Trump’s policies, but Lutnick promises a bolder approach.Musk urges followers to influence Trump’s choice for leading the country’s finances.
Elon Musk has publicly backed Howard Lutnick, CEO of Cantor Fitzgerald, for the position of Treasury secretary in Donald Trump’s administration.
Musk argued that Lutnick, who has been a devoted Trump ally, could bring major change to the role.
Musk compared Lutnick’s potential to Scott Bessent, a leading contender, saying Bessent represented business as usual and lacked the boldness needed for America’s economic future.
The Debate Between Lutnick and Bessent
Lutnick and Bessent both have strong ties to Trump, but Musk sees Lutnick as the candidate who will push for reform.
Bessent, founder of Key Square Capital, has received widespread support but Musk believes he would continue existing economic policies without the necessary transformation.
Lutnick, on the other hand, is seen as someone who could enact new ideas and policies that break from tradition.
Elon Musk endorsed Howard Lutnick for Treasury Secretary.
While Bessent has a well-established reputation on Wall Street, Lutnick’s ability to influence change makes him an appealing option.
Both men have experience with economic policy but Musk emphasized that a new direction is needed for America’s future.
Economic Challenges and the Role of Treasury Secretary
The next Treasury chief will be tasked with tackling important issues like tariffs and digital assets, which have been central to Trump’s monetary agenda.