Trump Nears Decision on Treasury Secretary with Bessent and Paulson as Frontrunners
The president-elect is considering several high-profile candidates to lead the Treasury Department, aiming to fulfill his economic promises.
- Donald Trump is expected to announce his Treasury Secretary pick soon, with Scott Bessent and John Paulson emerging as leading contenders.
- Bessent, a former Soros Fund Management executive, is favored due to his close ties with Trump and significant fundraising efforts.
- John Paulson, known for his financial acumen, has been a major supporter of Trump's campaign and aligns with Trump's economic strategies.
- Other notable candidates include Howard Lutnick, Robert Lighthizer, and Larry Kudlow, each bringing unique expertise to the table.
- The next Treasury Secretary will be tasked with implementing Trump's plans for economic growth, including tax cuts and tariffs.