Trump Considers Bessent and Lutnick for Treasury Secretary

Scott Bessent and Howard Lutnick emerge as leading contenders for the role, with Bessent currently favored.

Scott Bessent, a hedge fund manager and former Soros Fund executive, is a top contender for Treasury Secretary, supported by key Trump advisors.
Howard Lutnick, CEO of Cantor Fitzgerald and co-chair of Trump's transition team, is actively campaigning for the position.
Both candidates have strong ties to Trump, having supported his campaign financially and served as economic advisors.
Bessent is favored with a 68% chance according to prediction markets, while Lutnick has a 31% chance.
The decision will influence Trump's economic policies, including tax reforms, tariffs, and financial regulations.