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Musk and Kennedy support Lutnick as the next Treasury secretary

On November 16, Elon Musk and Robert Kennedy Jr., who were appointed to key positions in the second Trump administration, announced Cantor Fitzgerald CEO Howard Lutnick as a candidate for Secretary of the Treasury (Photo) standing to support the clear project . Pictured on October 27 in New York (2024 Reuters / Andrew Kelly)

[ワシントン 16日 ロイター] – Elon Musk and Robert Kennedy Jr., who are to be appointed to key positions in the second Trump administration, approved Cantor Fitzgerald CEO Howard Lutnick as a candidate for Treasury Secretary on the 16th.

Lutnick and investor Scott Bessent are the two possible candidates to be Secretary of Finance in the next administration. See more

Musk said he sees Bessent as an “outdated option.” “The old way of doing things is discrediting America.” Either way, change is needed,” he said in a post on X.

Kennedy, who was appointed as Secretary of Health and Human Services in the new administration and caused a movement, called Bitcoin a “money of freedom” in a post on social networking sites (SNS), saying, “No one “There will be no stronger defense than Howard Lutnick,” he said. There was also a mistake on the name.

Trump was considered close to hiring Bessent, but Lutnick has since emerged as a likely candidate.

Musk has become a close friend of Trump, living at Trump’s Mar-a-Lago mansion in Florida.

Mr. Lutnick has been involved in the administration’s transition efforts. He praises Trump’s economic policies, including his taxes.

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Jasper Ward is a breaking news reporter in Washington. She primarily covers US national affairs and politics. Jasper was previously based in the Bahamas where she covered the collapse of FTX and the arrest of founder Sam Bankman-Fried. She was part of the Reuters team that won the Gerald Loeb Award for breaking news for its FTX coverage.

2024-11-18 00:04:00
#Musk #Kennedy #support #Lutnick #Treasury #secretary
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‌What⁣ impact do​ you think Elon Musk’s and ⁢Robert Kennedy Jr.’s endorsement of Howard Lutnick could have on public perception and political support for his Treasury candidacy?

1. What are your thoughts on the recent endorsement​ of Howard Lutnick as a potential⁤ Treasury Secretary‌ by Elon Musk and Robert Kennedy Jr.? How do you think their support could ⁤impact his candidacy and the potential changes⁢ he may⁢ bring to the role?

2. In your opinion, what qualifications or experiences would ⁢make Lutnick‍ an ideal candidate for the position? Conversely, what are some⁢ potential‌ drawbacks or criticisms that ‍could arise from his​ nomination?

3. How do you believe a Lutnick-led Treasury‌ Department ⁣could approach⁤ controversial financial policies like cryptocurrency ‍regulation, given his⁢ support⁢ for Bitcoin ⁣and previous comments on its potential benefits?

4. How do you think a Musk-Trump ⁢alliance may⁢ shape the future of the US economy and financial ⁤markets? What​ are some ‍potential implications‌ for Silicon ‌Valley and traditional‌ Wall Street institutions ⁢under their leadership?

5. Considering the recent ⁢events⁣ surrounding FTX and Sam Bankman-Fried’s arrest,‍ what⁤ measures should the ‌new administration take to prevent similar events from⁢ happening ‍again, and how can ​the Treasury Department play a​ role in this initiative?

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