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Elon Musk backs Trump transition co-chair Howard Lutnick for Treasury secretary | Real Time Headlines

Elon Musk attends the 10th Annual Breakthrough Awards Ceremony held at the Academy Museum of Motion Pictures in Los Angeles, California on April 13, 2024.

The Hollywood Reporter | The Hollywood Reporter | Getty Images

Saturday, Musk Shared his support finance minister exist Xcabinet position of the president-elect Donald Trump His first choice to fill has not yet been announced.

Musk wrote that Howard Lutnick, co-chairman and CEO of the Trump-Vance transition and chairman of Cantor Fitzgerald, BGC Group and Newmark Group, will “really implement change.”

According to reports, Lutnick and Key Square Group founder and CEO Scott Bessent are the top choices for Treasury Secretary.

Musk, C.EO or Tesla and SpaceX, also expressed his views on Bessent in his post about X.

“My view is that Bessent is a business-as-usual option,” he wrote.

“Business as usual is bankrupting America, so we need to change somehow,” he added.

Musk also said, “It will be interesting to hear more people weigh in on this and let @realDonaldTrump consider the feedback.”

Cantor Fitzgerald LP Chairman and CEO Howard Lutnick (left) and Tesla Inc. CEO Elon Musk meet former U.S. President Donald Trump (not pictured) at Madison Square Garden in New York, U.S. ) campaign together on Sunday, October 27, 2024.

Bloomberg | Bloomberg | Getty Images

in a statement PoliticoTrump transition spokesperson Carolyn Leavitt made it clear that the president-elect has not made any decision on the Treasury secretary position.

“President-elect Trump is making decisions about who will serve in his second administration,” Levitt said in a statement. “These decisions will be announced as they are made.”

Both Lutnick and Bessant have close ties to Trump. Lutnick and Trump have known each other for decades, and the executive even hosted a fundraiser for the president-elect.

wall street journal It is also reported that Lutnick is already helping Trump vet candidates for cabinet positions in his administration.

Bessant, on the other hand, is a key economic adviser to the president-elect during his 2024 campaign. Bessant also received support from Republican senators Lindsey Graham According to South Carolina traffic light.

“He’s from South Carolina, I know him well, he’s very qualified,” Graham said.

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