Prominent entrepreneurs and politicians weigh in on Howard Lutnick's candidacy for US Treasury Secretary under Donald Trump, sharing their views on key issues.
Musk Backs Change
Elon Musk has voiced support for Howard Lutnick as a preferred candidate for US Treasury Secretary. He believes Lutnick can bring change and address the country's financial challenges, contrasting with the 'stable' Scott Bessent. 'America is heading towards bankruptcy; we need change,' Musk said.
Kennedy and Pavlovski Endorse Lutnick
Robert F. Kennedy Jr., Trump's pick for Health and Human Services, also endorsed Lutnick. He stated, 'Bitcoin is the currency of freedom, a hedge against inflation for middle-class Americans. Howard Lutnick will be its strongest advocate.' Chris Pavlovski, CEO of Rumble, backed Lutnick, highlighting his pivotal role in taking Rumble public and defending free speech.
Scott Bessent's Rising Chances
Despite Musk's endorsement for Lutnick, Scott Bessent's chances of becoming Treasury Secretary rise to 87%. Both candidates are respected on Wall Street and have voiced support for Trump's economic policies. However, lobbying from supporters is creating tension and the possibility of a third candidate emerging.
The choice of Treasury Secretary in the new Trump administration remains an open question, considering his economic policies and modernization of international trade.
