Overview

• 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.