Trump Nears Decision on Treasury Secretary Nominee

Marc Rowan, Kevin Warsh, and Scott Bessent are leading contenders as Trump weighs a pick critical to his economic agenda.

President-elect Trump is expected to finalize his Treasury secretary nomination this week, a key role for implementing his economic policies.
Marc Rowan, co-founder of Apollo Global Management, and Kevin Warsh, a former Federal Reserve governor, are reportedly front-runners for the position.
Scott Bessent, founder of Key Square Group, is also in contention and may alternatively be considered for the National Economic Council role.
The Treasury secretary will play a pivotal role in enacting Trump's proposed tariffs of 10-20% on all imports, a significant escalation of his first-term trade policies.
Trump’s decision is seen as critical for balancing his aggressive trade agenda with maintaining confidence in financial markets.