• Elon Musk wants Trump to disrupt Wall Street with his Treasury pick

  • Nov 17 2024
  • Length: 21 mins
  • Podcast

Elon Musk wants Trump to disrupt Wall Street with his Treasury pick

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  • Summary

  • Donald Trump is considering two candidates for Treasury Secretary: Scott Bessent and Howard Lutnick. Bessent is seen as the more traditional choice, while Lutnick is a stronger supporter of Trump’s more controversial policies, such as tariffs. Both candidates have experience in finance and have publicly supported Trump’s economic policies, including tariffs and cryptocurrencies. While some Wall Street insiders are advocating for Bessent, others are pushing for Lutnick, arguing that he would more aggressively enact Trump’s economic agenda. Ultimately, Trump’s decision will have significant implications for the direction of the US economy, particularly regarding trade and government spending.
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